Bridger Aerospace Group Holdings, Inc. Stock Price, News & Analysis

Bridger Aerospace (NASDAQ: BAER), a leading aerial firefighting company, has scheduled its Q4 2024 earnings release for March 13, 2025, after market close. The company will host an investor conference call at 5:00 p.m. Eastern Time (3:00 p.m. Mountain Time) on the same day.

Investors can join the conference call by dialing 800-579-2543 or 785-424-1789. The call will be broadcast live on the company's Investor Relations website. An audio replay will be available through March 20, 2025, accessible via phone (844-512-2921 or 412-317-6671, passcode: 11158317) or through the company's IR website.

Bridger Aerospace (NASDAQ: BAER), a leading aerial firefighting company, has announced its participation in two major investor conferences. The company will first join the Canaccord Genuity Sustainability Forum virtually on February 26, 2025, where management will participate in the Extreme Weather & Remote Sensing Panel at 9:30 a.m. ET and conduct one-on-one meetings.

Subsequently, Bridger will attend the 37th Annual ROTH Conference in Dana Point, California on March 17, 2025, featuring an investor presentation and one-on-one meetings. Webcasts of both presentations will be available on the company's investor relations website. Interested investors can arrange participation through Bridger Aerospace Investor Relations or their Canaccord or ROTH representatives.

Bridger Aerospace (NASDAQ: BAER) has secured a $20.1 million five-year Indefinite Delivery Indefinite Quantity (IDIQ) contract with the U.S. Department of the Interior. The contract involves providing two air attack and surveillance aircraft to support fire and resource management activities for the Bureau of Land Management Alaska Fire Service.

The 120-day Exclusive Use contract will utilize Bridger's sensor, surveillance, and mapping capabilities for fire detection, logistical support, and aerial observation. The aircraft will also provide information to initial attack aircraft focused on direct fire suppression. This agreement represents a growing trend in government outsourcing of aerial firefighting services.

Bridger Aerospace (NASDAQ: BAER) has mobilized its CL-415EAF "Super Scooper" aircraft to California for firefighting assistance, marking the earliest seasonal Scooper deployment in company history. The deployment comes in response to a Task Order from the US Forest Service at California's request, as the state faces unprecedented early-year fires.

Interim CEO Sam Davis highlighted the team's record-time mobilization following winter maintenance completion, with the first Scooper arriving in California over the weekend. Super Scoopers are noted for their efficiency in water delivery, helping to enhance firefighting effectiveness, protect property and habitat, and save lives.

Bridger Aerospace (NASDAQ: BAER) announced that its founder and former CEO, Timothy P. Sheehy, has been sworn in as U.S. Senator for Montana. Sheehy, who served as a Naval SEAL Officer and received both the Bronze Star with Valor and Purple Heart, founded Bridger in 2014 and served as CEO until July 2024.

Under Sheehy's leadership, Bridger Aerospace grew from a single-plane operation to employing over 160 people, becoming one of Montana's few publicly traded companies and operating the world's largest private Super Scooper fleet for wildfire management. In his new role, Sheehy will serve on the Senate Veterans' Affairs Committee, Armed Services Committee, and Commerce, Science and Transportation Committee.

Bridger Aerospace (NASDAQ: BAER) reported record Q3 2024 results with revenue of $64.5 million, net income of $27.3 million, and Adjusted EBITDA of $47.0 million, representing year-over-year growth of 20%, 56%, and 21% respectively. The company raised its 2024 revenue guidance to $90-95 million, a 35% increase, and narrowed Adjusted EBITDA guidance to $35-40 million. Strong performance was driven by high Super Scooper fleet utilization, with operations extending into November. The company expects positive free cash flow of $5-10 million for 2024.

Bridger Aerospace (NASDAQ: BAER), an aerial firefighting company, has scheduled its Q3 2024 earnings release for Monday, November 11, 2024, after market close. The company will host an investor conference call at 5:00 p.m. Eastern Time (3:00 p.m. Mountain Time) on the same day. Investors can join via phone at 800-225-9448 or 203-518-9708, or through the company's investor relations website. An audio replay will be available until November 18, 2024.

Invitation Homes Inc. (NYSE: INVH) has announced the appointment of Rear Adm. H. Wyman Howard III, USN (Ret) to its Board of Directors, effective October 1, 2024. Michael Fascitelli, chairperson of the Board, and Dallas Tanner, CEO, welcomed Mr. Howard, highlighting his leadership skills and operational experience.

Mr. Howard retired from the U.S. Navy in September 2022 after over 32 years of service. His career includes multiple tours commanding Special Operations Joint Task Forces and serving as the Commander of Naval Special Warfare Command. He also served as the Director of Operations for the National Geospatial-Intelligence Agency.

Mr. Howard's educational background includes an MBA from the TRIUM consortium and a Master of Science in National Security and Resource Strategy. He also serves on the board of Bridger Aerospace Group Holdings, Inc. (NASDAQ: BAER).

Bridger Aerospace (NASDAQ: BAER) reported Q2 2024 results, highlighting full fleet deployment amidst escalating wildfire activity. Key points include:

- Revenue increased 12% to $13.0 million
- Net loss reduced to $10.0 million from $19.0 million in Q2 2023
- Adjusted EBITDA of $0.2 million
- Acquired FMS Aerospace for year-round revenue and expanded capabilities
- Reiterated 2024 guidance: Revenue of $70-86 million, Adjusted EBITDA of $35-51 million

The company secured exclusive-use task orders for multiple aircraft and extended deployments, positioning itself to meet annual guidance. Bridger remains a critical part of the nation's aerial firefighting response network.