BigBear.AI Stock Slips On Q1 Earnings
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BigBear.ai Inc (NYSE:BBAI) reported Q1 earnings with revenue of $34.44 million, surpassing estimates of $33.60 million, but posted a loss of four cents per share, better than the expected eight cents. Revenue declined 1% year-over-year due to lower Army program volumes, though backlog increased 14%. The stock fell 3.86% in after-hours trading to $3.98. CEO Kevin McAleenan highlighted significant wins in Q1 and affirmed full-year 2026 revenue guidance of $135 million to $165 million.
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