BigBear.ai Hldgs Q2 EPS $(0.12) Misses $(0.06) Estimate, Sales $38.46M Miss $39.31M Estimate
Portfolio Pulse from bharat@benzinga.com
BigBear.ai Hldgs (NYSE:BBAI) reported Q2 losses of $(0.12) per share, missing the analyst consensus estimate of $(0.06) by 100%. The company also reported quarterly sales of $38.46 million, missing the analyst consensus estimate of $39.31 million by 2.16%. However, both losses and sales showed an increase compared to the same period last year.
August 08, 2023 | 8:53 pm
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NEGATIVE IMPACT
BigBear.ai Hldgs reported Q2 losses and sales that missed analyst estimates. However, both figures showed an increase compared to the same period last year.
BigBear.ai Hldgs reported higher than expected losses and lower than expected sales for Q2, which could negatively impact the stock price. However, the YoY increase in both figures might mitigate this impact to some extent.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100