BigBear.ai Hldgs Q2 2024 GAAP EPS $(0.05) Beats $(0.07) Estimate, Sales $39.783M Miss $46.548M Estimate
Portfolio Pulse from Benzinga Newsdesk
BigBear.ai Holdings (NYSE:BBAI) reported Q2 2024 GAAP EPS of $(0.05), beating the $(0.07) estimate, but missed sales estimates with $39.783M against $46.548M. EPS improved by 58.33% YoY, while sales increased by 3.44% YoY.
August 01, 2024 | 8:59 pm
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BigBear.ai Holdings reported better-than-expected EPS for Q2 2024 but missed sales estimates. EPS improved significantly YoY, while sales saw a modest increase.
The better-than-expected EPS is a positive sign, but the miss on sales estimates could offset this. The YoY improvement in EPS and sales growth are positive, but the market may react neutrally due to the mixed results.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100