Recap: BigBear.ai Hldgs Q1 Earnings

BigBear.ai Hldgs (NYSE:BBAI) reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:15 PM. Here’s what…

BigBear.ai Hldgs (NYSE:BBAI) reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:15 PM.

Here’s what investors need to know about the announcement.

Earnings

BigBear.ai Hldgs missed estimated earnings by 216.67%, reporting an EPS of $-0.19 versus an estimate of $-0.06.

Revenue was up $5.76 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.14 which was followed by a 17.98% drop in the share price the next day.

Here’s a look at BigBear.ai Hldgs’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.09 -0.09 -0.08 -0.07
EPS Actual -0.23 -0.11 -0.17 -0.14
Revenue Estimate 39.96M 39.91M 40.87M 35.53M
Revenue Actual 40.36M 40.65M 37.60M 36.39M

To track all earnings releases for BigBear.ai Hldgs visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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