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Bowman Consulting Group Ltd - BWMN STOCK NEWS

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

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'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's position in the market.

News
Bowman Acquires MEP and Fire Protection Engineering Firm Moore Consulting Engineers
Rhea-AI Summary
Bowman Consulting Group (NASDAQ: BWMN) has acquired Moore Consulting Engineers, a MEP/FP engineering firm based in New Jersey. Moore offers specialized services in heating, ventilation, electrical systems, and fire protection. The acquisition aims to enhance Bowman's MEP and fire protection practices, leveraging Moore's expertise in environmental focus and sustainability standards.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.6%
Tags
acquisition
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News
Bowman Consulting Group Announces Dates for First Quarter 2024 Earnings Release and Webcast
Rhea-AI Summary
Bowman Consulting Group (BWMN) will release its financial results for the first quarter of 2024 on May 6, 2024. The Company will host a webcast on May 7, 2024, to discuss the results. Additionally, Bowman confirmed the acquisition of Surdex on April 4, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.29%
Tags
earnings
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News
Bowman Welcomes David Stickles, RPLS, PSM, PLS, to Expand Company’s Public Sector Geospatial Portfolio
Rhea-AI Summary
Bowman Consulting Group (BWMN) appoints David Stickles as director of business development, geospatial survey, bringing over three decades of experience in transportation departments. Stickles aims to secure government contracts and enhance Bowman's reputation as a leading service provider. His expertise and leadership are expected to drive growth and elevate Bowman's position in the market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.57%
Tags
none
News
Bowman Enters into Definitive Agreement to Acquire Surdex Corporation, Adding High-Altitude Digital Imagery, Digital Mapping and Advanced Geospatial Services
Rhea-AI Summary
Bowman Consulting Group (NASDAQ: BWMN) announces the acquisition of Surdex , a geospatial and engineering services firm, to enhance their geospatial service offerings and expand their market presence. Surdex, founded in 1954, provides advanced digital orthoimagery, LiDAR, mapping, and disaster mapping services. The acquisition is expected to close by April 10, 2024, bringing revenue synergy opportunities and cost savings for both companies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.53%
Tags
acquisition
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News
Bowman Announces Pricing of Public Offering of Common Stock
Rhea-AI Summary
Bowman Consulting Group (BWMN) announces the pricing of its underwritten public offering at $34.00 per share. The offering includes 1,323,530 shares by Bowman and 147,058 shares by selling stockholders, with expected gross proceeds of approximately $45.0 million. The underwriters have an option to purchase additional shares. The offering is set to close on April 1, 2024. Bowman plans to use the net proceeds for general corporate purposes, potential acquisitions, and debt repayment.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.6%
Tags
offering
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News
Bowman Announces Launch of Public Offering of Common Stock
Rhea-AI Summary
Bowman Consulting Group (BWMN) announces a public offering of up to $50.0 million of its common stock. The Company plans to sell $45.0 million, while the selling stockholders intend to sell $5.0 million. The underwriters have an option to purchase an additional $7.5 million. The offering is subject to market conditions. Proceeds will be used for corporate purposes, acquisitions, and debt repayment.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.6%
Tags
offering
News
Bowman Appoints Dan Brewer, PE, to Grow Operations in the Carolinas
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%
Tags
management
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News
Bowman Announces Fiscal Year 2023 Financial Results
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%
Tags
earnings
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News
Bowman Adds Commentary to 2023 Pre-Release and Announces Acquisition of Transportation and Bridge Design Firm Speece Lewis Engineers
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
Rhea-AI Sentiment
End-of-Day
-3.43%
Tags
acquisition
News
Bowman Consulting Group Announces Earnings Release Schedule and Preliminary 2023 Financial Results
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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Tags
earnings
Stock BWMN logo
Bowman Consulting Group Ltd

Nasdaq:BWMN

BWMN Rankings

#2880 Ranked by Market Cap
#243 Ranked by Stock Gains
N/A Ranked by Dividends

BWMN Stock Data

522.21M
12.15M
20.35%
44.19%
1.95%
Administrative Management and General Management Consulting Services
Professional, Scientific, and Technical Services
Link
United States
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