Bowman Consulting Q1 revenue up 65% to $52.5M; raises FY2022 outlook

Bowman Consulting Group Ltd.

2022-Q1 EPS reported $0.12 revenue$52,461,000

Q1 gross revenue $52.5M, net income $1.5M (+50% YoY); Adj EBITDA $7.4M (+81%).
FY2022 guidance raised: Net Service Billing $185-200M, Adj EBITDA $25-29M.
Appointed Ray Vicks as independent director, effective May 11; will chair audit committee.
Director Dan Lefaivre resigned, effective after 10-Q filing; no disagreement cited.

item 2.02 item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Raymond Vicks, Jr.

director

BWMN · Bowman Consulting Group Ltd.

Effective: 2022-05-11
Filed: May 12, 2022, 7:59 PM ET

effective as of May 11, 2022, increased its size from six to seven directors and elected Mr. Raymond Vicks, Jr. to serve as a Class III director

Departed

Dan Lefaivre

director

BWMN · Bowman Consulting Group Ltd.

Filed: May 12, 2022, 7:59 PM ET

Mr. Dan Lefaivre notified the Board of his resignation from the Board, the Audit Committee and the Nominating and Corporate Governance Committee, effective after the filing of the Company's Form 10-Q. Mr. Lefaivre's decision to leave the Board was not the result of any disagreement

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Raymond Vicks, Jr. was elected as director at Bowman Consulting Group Ltd..

Action: elected
Role: director

Exact text from the filing

effective as of May 11, 2022, increased its size from six to seven directors and elected Mr. Raymond Vicks, Jr. to serve as a Class III director

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Dan Lefaivre resigned as director at Bowman Consulting Group Ltd..

Action: resigned
Role: director

Exact text from the filing

Mr. Dan Lefaivre notified the Board of his resignation from the Board, the Audit Committee and the Nominating and Corporate Governance Committee, effective after the filing of the Company's Form 10-Q. Mr. Lefaivre's decision to leave the Board was not the result of any disagreement

View on SEC.gov

Bowman Consulting Group Ltd. filing history →

Source: SEC EDGAR

accession 0001193125-22-148142

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