Bruce Labovitz

“I'll begin with a review of our financial performance for the first quarter, and then I'll turn the call over to Dan to bridge Q1 to year end. After that, I'll return to share some thoughts on how we're thinking about technology and automation, and begin to draw a line towards its impact on the future of Bowman.”

“I'm going to start with a little off-script nod to Gary in light of his recent announcements. When it came to Bowman in 2013, we were a $50 million company with around 450 employees.”

“While the third quarter marked an important milestone for Bowman in terms of reaching the $500 million annualized gross revenue rate, it also represents our achievement of two basic commitments we made to our shareholders this time last year, to prioritize GAAP profitability and to improve our conversion of earnings…”

“I'll start with a quick reminder before we get started that unless otherwise specified, when I refer to this quarter or the quarter, I mean Q1 2025, and when I refer to last year, I mean Q1 2024.”

“Today, I am going to touch on the highlights of the fourth quarter and the fiscal year. Okay. Let's turn to slide four. Gross revenue for the fourth quarter was $113 million.”