Bowman Consulting Group Sees Prelim. FY23 Net Service Billing ~$303M; Adj. EBITDA $44.5M-$46.0M
Portfolio Pulse from Benzinga Newsdesk
Bowman Consulting Group announced preliminary FY23 net service billing of approximately $303M, with an adjusted EBITDA between $44.5M and $46.0M.

February 16, 2024 | 9:08 pm
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Bowman Consulting Group expects FY23 net service billing to be around $303M and adjusted EBITDA to range from $44.5M to $46.0M.
The announcement of Bowman Consulting Group's preliminary FY23 financials indicates a positive outlook for the company. The disclosed net service billing and adjusted EBITDA figures suggest strong performance and operational efficiency, which are likely to be viewed positively by investors. This positive financial forecast could lead to increased investor confidence and potentially drive up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100