By Denny Jacob
BigBear.ai shares tumbled 16% in premarket trading after fourth-quarter revenue came in below expectations.
Shares on Friday were trading around $3.52. The stock is up about 12% over the last year.
The AI-decision intelligence solutions company logged revenue of $43.8 million in the latest quarter, up from $40.6 million the year before. Analysts polled by FactSet expected $54.6 million.
BigBear.ai also widened its loss for the period to $108 million from a loss of $21.3 million the year prior.
Write to Denny Jacob at denny.jacob@wsj.com
(END) Dow Jones Newswires
March 07, 2025 08:17 ET (13:17 GMT)
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