BigBear.ai Hldgs Q1 2024 GAAP EPS $(0.67) Misses $(0.06) Estimate, Sales $33.100M Miss $43.739M Estimate
Portfolio Pulse from Benzinga Newsdesk
BigBear.ai Holdings (BBAI) reported Q1 2024 GAAP EPS of $(0.67), significantly missing the $(0.06) estimate, with sales of $33.100M also missing the $43.739M estimate. This represents a 21.48% decrease in sales compared to the same period last year.
May 02, 2024 | 8:26 pm
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BigBear.ai Holdings reported a significant miss in Q1 2024 earnings and sales, with a 21.48% YOY decrease in sales.
The substantial miss in both earnings per share and sales compared to analyst estimates, coupled with a significant year-over-year decrease in sales, is likely to negatively impact investor sentiment and the stock price in the short term.
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