The latest announcement is out from Bridger Aerospace Group Holdings ( (BAER) ).
Bridger Aerospace Group Holdings reported record-breaking third-quarter results for 2024, with significant revenue, net income, and Adjusted EBITDA growth. The company raised its revenue guidance by over 35%, expecting $90 to $95 million, and anticipates an adjusted EBITDA increase of over 85% from 2023. The strong performance, driven by high Super Scooper utilization and strategic acquisitions like FMS Aerospace, positions Bridger for a record year and positive free cash flow despite inflationary pressures.
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