Bridger Aerospace reports record Q3: revenue $64.5M, net income $27.3M, raises FY guidance

Bridger Aerospace Group Holdings, Inc.

2024-Q3 EPS reported -$0.43 revenue$83,028,000

Q3 revenue $64.5M (+20% YoY), net income $27.3M (+56%), adjusted EBITDA $47.0M (+21%).
Raises 2024 revenue guidance to $90M-$95M (from $70M-$86M); narrows adjusted EBITDA to $35M-$40M.
Cash rose to $42.6M at Sep 30 from $22.5M at Jun 30; expects positive free cash flow of $5M-$10M in 2024.
Director Matthew Sheehy resigned effective Nov 6, 2024; no disagreement with company.

item 2.02 item 5.02 item 9.01

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Departed

Matthew P. Sheehy

director

BAER · Bridger Aerospace Group Holdings, Inc.

Effective: 2024-11-06
Filed: November 12, 2024, 6:59 PM ET

On November 6, 2024, Matthew P. Sheehy, a director of the Company, notified the Company of his decision to resign from the Board of Directors of the Company (the “Board”) and all committees of the Board, effective immediately.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Matthew P. Sheehy resigned as director at Bridger Aerospace Group Holdings, Inc..

Action: resigned
Role: director

Exact text from the filing

On November 6, 2024, Matthew P. Sheehy, a director of the Company, notified the Company of his decision to resign from the Board of Directors of the Company (the “Board”) and all committees of the Board, effective immediately.

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Bridger Aerospace Group Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001683168-24-007830

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