Bridger Aerospace Up 28% After Hours; 2024 Revenue View Increased to $90M-$95M

Dow Jones

2024-11-12

By Josh Beckerman

Shares of aerial firefighting company Bridger Aerospace Group Holdings rose 28% to $4.49 after hours as it posted higher third-quarter revenue and earnings and raised full-year revenue guidance.

Earnings per share rose to 31 cents from 22 cents, while revenue rose 20% to $64.5 million.

Bridger said "continued dry weather in the western U.S. kept multiple aircraft operating into November." As a result, it increased full-year revenue guidance to the range of $90 million to $95 million from $70 million to $86 million.

Write to Josh Beckerman at josh.beckerman@wsj.com

(END) Dow Jones Newswires

November 11, 2024 18:42 ET (23:42 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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