What factors drove the changes in Bridger Aerospace's revenue and profit?

What does Bridger Aerospace do and what are its main business segments?

What guidance did Bridger Aerospace's management provide for the next earnings period?

What were the key takeaways from Bridger Aerospace's earnings call?

What is the revenue and EPS growth rate for Bridger Aerospace year over year?

Did Bridger Aerospace beat or miss consensus estimates last quarter?

What is the market's earnings forecast for Bridger Aerospace next quarter?

What is Bridger Aerospace's latest dividend and current dividend yield?

- **Record Operational & Financial Performance**: 38% YoY revenue growth to $114.3M, 36% EBITDA growth to $54.8M. Fleet utilization up 10%, Super Scoopers flew 220 days vs. 150 guaranteed.
- **Strategic Capital Restructuring**: $331M debt facility & $49M sale-leaseback enable fleet expansion. Free cash flow ~$14M/year to acquire new aircraft.
- **Federal Tailwinds**: Fire Ready Nation Act & Wildland Fire Service Plan align with Bridger's multi-mission fleet, driving exclusive-use contracts with states.
- **Innovation Leadership**: Ignis app integrates real-time sensor data with air attack aircraft, enabling live video streaming for wildfire response.

**【CEO Summary Section】**
- **Operational Excellence**: Record task orders and 10% year-over-year increase in utilization across the fleet. Super Scoopers flew 220 days vs. guaranteed 150 days, with a 9% increase in average flight hours. 
- **Financial Overperformance**: Surpassed annual revenue guidance in first 9 months, on track for high end of $42-48M adjusted EBITDA. Completed $49M sale-leaseback and $331M debt facility to fund fleet expansion.
- **Strategic Positioning**: Federal wildfire initiatives (Fire Ready Nation Act, Wildland Fire Service Plan) align with Bridger's multi-mission fleet. Secured exclusive-use contracts with states, driving year-round revenue growth.

**【CFO Financial Commentary】**
- **Q3 2025 Results**: Revenue $67.9M (5% YoY growth), adjusted EBITDA $49.1M (4% YoY). First 9 months revenue $114.3M (38% YoY), adjusted EBITDA $54.8M (36% YoY).
- **Balance Sheet Strength**: $55.1M cash post-sale-leaseback. New credit facility provides $331M for fleet expansion, reducing debt by 50%.
- **Guidance Update**: Full year revenue now $118-123M (vs. prior $105-111M). Free cash flow ~$14M/year, to be used for aircraft acquisitions.

**【Q&A Highlights】**
- **Cash Utilization**: ~$14M annual free cash flow to fund fleet expansion under new credit facility.
- **Spanish Scoopers Deployment**: Exploring options to deploy 2 airworthy scoopers in Europe or U.S., with 2 more nearing completion. High demand for these scarce assets gives strategic flexibility.

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