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BWMN
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Bowman Announces Record Results for Fourth Quarter and Full Year 2024

1. BWMN reports record fourth-quarter financial results. 2. Gross contract revenue rose 21.7% year-over-year.

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+17.07%Current Return
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+0.51%S&P 500
$18.803/11 04:16 PM EDTEvent Start
$22.0103/12 10:39 PM EDTLatest Updated
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FAQ

Why Very Bullish?

The significant increases in revenue indicate strong growth and demand. Historically, firms reporting positive financial results, especially with growth percentages like these, often experience stock price appreciation.

How important is it?

The record financial performance underscores BWMN's operational success and enhances investor confidence, likely leading to increased trading activity and potential price rise.

Why Short Term?

Investors typically react quickly to strong quarterly results, impacting stock price in the immediate term.

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BWMN
RESTON, Va.--(BUSINESS WIRE)-- #BetterWithBowman--Bowman Consulting Group Ltd. (NASDAQ: BWMN), a national engineering services and program management firm, today announced record financial results for the fourth quarter and full year ended December 31, 2024. Fourth Quarter 2024 Versus Fourth Quarter 2023 Financial Results: Gross contract revenue of $113.2 million compared to $93.0 million, a 21.7% increase Net service billing1 of $98.6 million compared to $80.5 million, a 22.5% increase Organic net service billing.

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