2023-03-13 16:27:35 ET
- BigBear.ai press release ( NYSE: BBAI ): Q4 GAAP EPS of -$0.23 misses by $0.13 .
- Revenue of $40.4M (+20.7% Y/Y) beats by $0.44M .
- Net loss of $29.9 million, primarily a result of a non-cash goodwill impairment charge of $18.3 million in our Analytics segment, compared to a net loss of $114.8 million in the same period of 2021,
- Non-GAAP Adjusted EBITDA of $(2.5) million, including the impact of restructuring and cost savings actions completed in September 2022.
- Net cash used in operating activities was $(10.5) million, compared to $(6.4) million in the third quarter of 2022,
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For the year-ended December 31, 2023, the Company projects:
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Revenue between $155 million and $170 million
For further details see:
BigBear.ai GAAP EPS of -$0.23 misses by $0.13, revenue of $40.4M beats by $0.44M