Bridger Aerospace Announces First Quarter 2024 Results
Bridger Aerospace Group Holdings, Inc. (BAER)
Company Research
Source: GlobeNewswire
BELGRADE, Mont., May 13, 2024 (GLOBE NEWSWIRE) -- Bridger Aerospace Group Holdings, Inc. (“Bridger”, “the Company” or “Bridger Aerospace”), (NASDAQ: BAER, BAERW), one of the nation’s largest aerial firefighting companies, today reported results for the first quarter ended March 31, 2024. The Company also reiterated its 2024 revenue and adjusted EBITDA guidance supported by the earliest seasonal deployment in company history. Highlights: Earliest seasonal deployment of Super Scooper and surveillance aircraft in company history leads to highest first quarter revenue and positions the company for another record yearCompleted a $9.8 million equity financing in April 2024 with participation and support from existing investors as well as members of the management team and Board of DirectorsSpanish Scooper maintenance work on scheduleFirst quarter 2024 adjusted EBITDA improvement of 35% to negative ($6.9 million) compared to the first quarter of 2023On track to grow 2024 Adjusted EBITDA
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News
- Bridger Aerospace Group Holdings, Inc. (NASDAQ: BAER) is now covered by analysts at Canaccord Genuity Group Inc.. They set a "buy" rating and a $5.50 price target on the stock.MarketBeat
- Bridger Aerospace Group Holdings, Inc. (NASDAQ: BAER) is now covered by analysts at Canaccord Genuity Group Inc.. They set a "buy" rating and a $5.50 price target on the stock.MarketBeat
- Bridger Aerospace Set to Join Russell 3000®, Russell 2000® and Russell Microcap® IndexesGlobeNewswire
- Bridger Aerospace Responds to Concerns Over Politically Motivated Attacks on its BusinessGlobeNewswire
- Bridger Aerospace Announces First Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
BAER
Analyst Actions
- 6/24/24 - Canaccord Genuity
BAER
Sec Filings
- 6/14/24 - Form 4
- 4/19/24 - Form 4
- 4/19/24 - Form 4
- BAER's page on the SEC website