Bridger Aerospace Responds To Media Reports; Says In 2023 Net Loss Also Included Investment Costs; 2023 'Loss' Related To Compensation Expenses
Portfolio Pulse from Benzinga Newsdesk
Bridger Aerospace Group Holdings, Inc. (NASDAQ: BAER) has responded to recent politically-motivated media attacks, clarifying that its 2023 net loss included investment costs and compensation expenses.
May 20, 2024 | 12:12 pm
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Bridger Aerospace has clarified that its 2023 net loss was due to investment costs and compensation expenses, responding to politically-motivated media attacks.
The company's clarification provides context to its financial performance, which may neutralize some of the negative sentiment caused by the media attacks. However, the politically-motivated nature of the attacks and the company's response may not significantly impact the stock price in the short term.
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