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@ Layer3.news
2025-03-09 02:09:26
nostr:nprofile1qy3hwumn8ghj7un9d3shjtt5v4ehgmn9wshxkwrn9ekxz7t9wgejumn9waesqgr8g2hyzql5lt4cxfjdj40hgtu6vydvsqvsesqy8canygcce3lwvyyapkyy
BIGBEAR.AI STOCK PLUMMETS ON WIDER-THAN-EXPECTED LOSS, WEAK OUTLOOK
https://s.yimg.com/ny/api/res/1.2/87kmMW_hutBy9CxMEoebpg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD04MDA-/https://media.zenfs.com/en/investopedia_245/2cc754d14057e868349829438aba668d
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✍️ BigBear.ai shares plummeted over 20% after reporting a wider-than-expected loss and disappointing outlook.
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👉 BigBear.ai shares sank more than 20% after reporting a wider-than-expected loss
👉 The company reported a fourth-quarter net loss of $108 million, more than five times wider than its loss in the same period a year earlier
👉 The company's revenue of $43.8 million was also short of estimates
👉 BigBear.ai expects revenue between $160 million and $180 million, and 'negative single digit millions' adjusted EBITDA for 2025
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#McLean,Va. #business
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