BigBear.ai beat revenue estimates on 13% year-over-year growth fueled by its Ask Sage GenAI acquisition, which also expanded gross margin 781 basis points, but the EPS miss and widening adjusted EBITDA loss signal integration costs are eating into profitability even as the backlog grew 9% to $269.6 million. CEO Kevin McAleenan flagged potential headwinds from the new DOGE initiative and federal spending shifts, though the company reaffirmed full-year revenue guidance of $135 million to $165 million.
BigBear.ai :
BBAI
BBAI
Stock Data
$3.27
$0.26 (8.64%)
Asset Type
Common Stock
Exchange
NYSE
Currency
USD
Country
USA
Sector
TECHNOLOGY
Industry
INFORMATION TECHNOLOGY SERVICES
BigBear.ai Inc specializes in artificial intelligence and machine learning to support decision-making processes. With a focus on both the Cyber & Engineering and Analytics sectors, it offers advanced technology and consulting services. These include cloud engineering, cybersecurity, data analytics, and predictive solutions, aiming to enhance real-time decisions for defense, intelligence, manufacturing, logistics, retail, and healthcare sectors. Based in Columbia, Maryland, BigBear.ai stands out for its commitment to leveraging data for strategic insights.
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