BigBear.ai (BBAI) Misses Q3 EPS by 8c; Offers FY22 Revenue Guidance

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Go back to BigBear.ai (BBAI) Misses Q3 EPS by 8c; Offers FY22 Revenue Guidance

BigBear.ai Announces Third Quarter 2022 Financial Results

November 9, 2022 4:15 PM EST

Company achieves 8% quarter-over-quarter revenue growth driven by key wins and growth within Analytics; cost savings initiatives expected to drive $20 million of annualized expense savings

COLUMBIA, Md.--(BUSINESS WIRE)-- BigBear.ai Holdings, Inc. (NYSE: BBAI) (BigBear.ai or the Company), a leader in AI-powered analytics and cyber engineering solutions, today announced financial results for the third quarter of 2022.

Financial Highlights

Revenue of $40.7 million, compared to $40.2 million for the third quarter of 2021 Analytics revenue increased $1.7 million, or... More