Bridger Aerospace Soars 20% After Q3 Beat: CEO Praises 'Strong Performance' Of Super Scoopers, Air Attack Aircraft

Bridger Aerospace Group Holdings, Inc. (NASDAQ:BAER) shares are trading higher after the company reported third-quarter 2024 results on Monday.

Revenue grew around 20% to $64.5 million, exceeding the consensus of $57.5 million.

Revenue growth was led by higher flight revenue, along with approximately $2.2 million from return-to-service work on the four Spanish Super Scoopers under the partnership with MAB Funding LLC, and around $1.6 million from the June acquisition of FMS.

Adjusted EBITDA stood at $47 million vs. $38.7 million a year ...