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Bowman Consulting Group Ltd. - $BWMN STOCK NEWS

Welcome to our dedicated page for Bowman Consulting Group Ltd. news (Ticker: $BWMN), a resource for investors and traders seeking the latest updates and insights on Bowman Consulting Group Ltd. stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Bowman Consulting Group Ltd.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Bowman Consulting Group Ltd.'s position in the market.

Rhea-AI Summary
Bowman Consulting Group appoints Dan Brewer, PE, as principal, regional manager for Carolinas' operations, aiming to drive growth and development across key offices.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.74%
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management
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Rhea-AI Summary
Bowman Consulting Group Ltd. (Nasdaq: BWMN) reported strong financial results for the fiscal year 2023, with over $300 million in net service billing, marking a 30% year-over-year growth. The company aims to be one of the 50 largest domestic engineering firms and has seen a 31% compound annual growth since its IPO in May 2021. Bowman completed 11 acquisitions in 2023, totaling around $60 million in annualized net service billing, expanding its customer base and geographic presence.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
19.07%
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Rhea-AI Summary
Bowman Consulting Group Ltd. issues additional commentary on its 2023 pre-release of non-GAAP financial metrics and announces the acquisition of Speece Lewis Engineers. The company affirms its 2024 guidance and discusses strong demand for services, backlog growth, and future growth prospects. The acquisition of Speece Lewis enhances Bowman's national transportation engineering practice and adds revenue synergies beyond transportation.
Rhea-AI Impact
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End-of-Day
-3.43%
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Rhea-AI Summary
Bowman Consulting Group Ltd. (NASDAQ: BWMN) announced the scheduling of its 2023 earnings release and investor conference call. Preliminary results for fiscal 2023 Net Service Billing and Adjusted EBITDA were shared, with expectations of approximately $303 million in Net Service Billing and $44.5 to $46.0 million in Adjusted EBITDA. The Company highlighted a larger seasonal impact on utilization in December across its core and acquired operations.
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Rhea-AI Summary
Bowman Consulting Group Ltd. (NASDAQ: BWMN) appoints Mark Borushko as senior vice president, West, to lead expansion of comprehensive services across the Western United States. Borushko's expertise in operational management, strategic planning, and business development will drive the company's growth in private development, public works, and transportation practices in the region.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.94%
Tags
management
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Rhea-AI Summary
Bowman Consulting Group Ltd. (BWMN) has announced the acquisition of Trudell Consulting Engineers and its Vermont Underground Locators subsidiary, expanding its services in Vermont. The acquisition is expected to be immediately accretive and will operate at an annualized net service billing run rate of approximately $4.5 million.
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Rhea-AI Sentiment
End-of-Day
3.06%
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Bowman Consulting Group Ltd. secures $1.9 million in new mining contracts in Arizona, providing comprehensive design and construction quality assurance services for mining infrastructure and mineral processing facilities. The contracts reflect the company's mining expertise and commitment to delivering best-in-class services for clients' projects.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.65%
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none
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Rhea-AI Summary
Bowman Consulting Group Ltd. (BWMN) announces the addition of Sharif Abou-Sabh, PE, as senior vice president and director of the Company’s expanding national transportation program management practice. Mr. Abou-Sabh will focus on securing large-scale program management assignments from state transportation authorities, primarily funded under the Infrastructure Investment & Jobs Act (IIJA). His experience managing multi-billion-dollar projects will qualify Bowman as a program management candidate for large-scale IIJA funded programs. Sharif's addition is expected to increase Bowman's reach within the transportation infrastructure community.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.02%
Tags
none
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Rhea-AI Summary
Bowman Consulting Group Ltd. (BWMN) has been ranked #3 on Forbes’ list of Most Successful Small Cap Companies in America, following significant growth and service diversification. The company's commitment to technology adoption and revenue synergy has contributed to its market value increase and this recognition.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.05%
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Rhea-AI Summary
Bowman Consulting Group Ltd. (NASDAQ: BWMN) has announced the acquisition of Hess-Rountree, Inc., a full-service engineering firm based in Phoenix, Arizona. Hess-Rountree specializes in civil engineering, land surveying, 3D laser scanning, UAV aerial mapping, and renewable energy, educational, and sports facilities projects. The acquisition is expected to contribute to Bowman's national practice areas and is financed with a combination of cash, seller notes, and equity. The acquisition is anticipated to operate at an annualized net service billing run rate of approximately $3 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.65%
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Bowman Consulting Group Ltd.

Nasdaq:BWMN

BWMN Rankings

BWMN Stock Data

570.10M
12.15M
20.35%
44.19%
1.95%
Administrative Management and General Management Consulting Services
Professional, Scientific, and Technical Services
Link
United States of America
RESTON

About BWMN

we're dynamic, progressive, and diversified bowman consulting delivers real estate, energy and infrastructure solutions to public and private markets throughout the country. outstanding client relationships and a focused growth strategy have allowed bowman to anticipate the needs of the marketplace and respond to its demands through new service offerings, locations and solutions. bowman is an adept and energetic firm with a results-oriented attitude. we focus on exceeding expectations and give our clients peace of mind by providing exceptional service. we offer the depth of resources that one expects from a large design firm. at the same time, we operate with a degree of flexibility typically found only in boutique firms. led by many of our fields'​ most respected professionals, we attract and retain the industry's best and brightest. bowman consulting is also well balanced. understanding and anticipating market conditions, using our skills and experience, and mobilizing a thoughtful a