BigBear.ai Shares Plunge 18% on Q4 EPS Miss & Weak Guidance 
<p><a href='https://financialmodelingprep.com/financial-summary/BBAI'>BigBear.ai (NYSE:BBAI)</a> shares plummeted nearly 18% on Tuesday after the company reported its Q4 results, with EPS coming in at ($0.23), worse than the Street estimate of ($0.08). Revenue was $40.4 million, compared to the Street estimate of $39.8 million.</p>
<p>Management took a fairly conservative view and guided for modest 5% revenue growth next year, giving itself room for potential delays in Federal contracts.</p>
<p>Full 2023-year revenue is expected to be in the range of $155-170 million, worse than the Street estimate of $173 million.</p>
<p>On a positive note, BigBear showed early signs of a turnaround with material OpEx savings, by shoring up near-term liquidity needs, and delivering contract award and performance wins on large Federal contracts. There is also the potential for further margin expansion as revenue shifts to the higher-margin Analytics segment.</p>

NYSE:BBAI