BigBear.ai Stock Drops After Q2 Earnings Report: Here's Why
1. BBAI reported a quarterly loss of 71 cents per share, missing estimates. 2. Revenue dropped 18% year-over-year to $32.47 million, below expectations. 3. Net loss surged to $228.6 million, up from $14.4 million last year. 4. CEO highlights opportunities in DHS aligned to the company's capabilities. 5. Full-year revenue forecast lowered to $125-140 million from $167.95 million.