Bowman Consulting reports Q3 EPS 25c, two estimates 9c

Reports Q3 revenue $71.2M, two estimates $65.0M. "We have once again reported a record quarter that exceeded estimates," said Gary Bowman, CEO. "We continue to generate growth across all our markets and increase our backlog through bookings that outpace deliveries. Our acquisitions program has proven successful as we continue to acquire strategic partners at attractive multiples and realize meaningful synergies, leading to acquired revenue growth of 24% collectively since acquisition. We are optimistic about the fourth quarter and expect continued growth in revenue, earnings, and operating cash flow into 2023. We are once again increasing our full year outlook and are introducing 2023 guidance that reflects confidence in our ability to continue to deliver these industry leading results."