Reports Q4 revenue $43.8M, consensus $54.6M. “2024 was a pivotal year for the business. We demonstrated momentum through major contract wins, expanding our backlog and growing our pipeline, maturing our technology portfolio, and restructuring our debt to strengthen our financial position for the long term. These efforts were driven by strong execution from our team,” said Kevin McAleenan, CEO. “On the financial front, we’ve kicked off the first quarter of 2025 by significantly deleveraging our balance sheet. Through a combination of cash proceeds from warrant exercises and debt reductions resulting from conversions on our convertible notes, we’re in a strong position for growth in 2025 and beyond,” said Julie Peffer, CFO.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BBAI:
- BigBearai Holdings options imply 13.1% move in share price post-earnings
- Options Volatility and Implied Earnings Moves Today, March 06, 2025
- Bigbear.Ai Holdings, Inc. (BBAI) Q4 Earnings Cheat Sheet
- Options Volatility and Implied Earnings Moves This Week, March 03 – March 06, 2025
- BigBear.ai (BBAI) Stock in Focus After Sudden Plunge