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BigBear.ai Holdings Inc - BBAI STOCK NEWS

Welcome to our dedicated news page for BigBear.ai Holdings (Ticker: BBAI), a resource for investors and traders seeking the latest updates and insights on BigBear.ai Holdings.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect BigBear.ai Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of BigBear.ai Holdings's position in the market.

News
BigBear.ai to Report First Quarter 2023 Results on May 2, 2024
Rhea-AI Summary
BigBear.ai, a prominent AI solutions provider for national security and supply chain management, will release its first-quarter 2023 earnings on May 2, 2024, without hosting an earnings call.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.23%
Tags
conferences earnings AI
-
News
BigBear.ai Announces Close of Pangiam Acquisition, $54M of Incremental Cash Proceeds, Net Loss of $21.3 million in Q4 2023, and Second Consecutive Quarter of Positive Adjusted EBITDA in Q4 2023 Financial Results
Rhea-AI Summary
BigBear.ai (BBAI) successfully closed the Pangiam acquisition, enhancing its capabilities with facial recognition and biometrics. The company reported a net loss of $21.3 million in Q4 2023 but showed improvement. Positive adjusted EBITDA of $3.7 million in the second consecutive quarter. 2024 revenue outlook of $195 - $215 million. CEO Mandy Long expressed pride in the company's progress and foundation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-31.65%
Tags
acquisition earnings AI
-
News
BigBear.ai Completes Pangiam Acquisition: Establishes Combined Company as Breakout Leader in Vision AI for National Security, Supply Chain Management, and Digital Identity
Rhea-AI Summary
BigBear.ai (BBAI) completes acquisition of Pangiam Intermediate Holdings, LLC to enhance Vision AI capabilities in national security, supply chain management, and digital identity markets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.98%
Tags
acquisition AI
News
BigBear.ai to Report Fourth Quarter 2023 Results on March 7, 2024
Rhea-AI Summary
BigBear.ai (BBAI) to Release Fourth Quarter Earnings on March 7, 2024
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.34%
Tags
conferences earnings AI
-
News
BigBear.ai to Host Investor Presentation on February 6, 2024
Rhea-AI Summary
BigBear.ai (BBAI) will host an investor presentation to provide updates on its planned acquisition of Pangiam, previously announced on November 6, 2023. The presentation will take place on February 6, 2024, at 5:00 p.m. ET. Event access instructions will be posted on BigBear.ai’s Events Page on January 22, 2024. A replay of the event will be available on-demand for two weeks following the presentation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.78%
Tags
conferences AI
-
News
BigBear.ai Awarded $17.9M Extension on Phase 2 of U.S. Army GFIM OTA, Enhancing the Data Layer and Critical Functionality
Rhea-AI Summary
BigBear.ai (NYSE: BBAI) extends contract with U.S. Army for Global Force Information Management (GFIM) system, valued at $17.9 million. The extension focuses on enhancing the data layer, developing the MVP, and ensuring secure operation within the cARMY Cloud environment. The project aligns with the Army's vision for a data-centric force and represents a commitment to achieving a state-of-the-art platform that meets the Army's highest standards of data security and operational effectiveness.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.18%
Tags
clinical trial AI
News
BigBear.ai Expands its Relationship with AWS to Deliver AI-Driven Solutions
Rhea-AI Summary
BigBear.ai (BBAI) partners with Amazon Web Services (AWS) Professional Services to provide AI-driven warehousing solutions, reinforcing its position as a leader in AI-driven solutions. The partnership aims to enhance supply chain and warehouse operations worldwide, offering optimized facilities design, streamlined process workflows, efficient staffing models, arrival and departure scheduling, and strategic resource allocation through BigBear.ai’s ProModel AI-driven warehousing solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.87%
Tags
AI
-
News
BigBear.ai Announces Definitive Merger Agreement to Acquire Pangiam as well as First Quarter of Positive Net Income, Positive Adjusted EBITDA & Positive Cash Flows from Operations in Third Quarter 2023 Financial Results
Rhea-AI Summary
BigBear.ai Holdings, Inc. (BBAI) announces merger agreement to acquire Pangiam, achieving first quarter of positive net income, adjusted EBITDA, and cash flows since public debut. Reiterates FY Guidance of Revenue between $155 million and $170 million. Decline in Q3 2023 revenue to $34.0 million, gross margin of 24.7%, and net income of $4.0 million. Announces definitive merger agreement to acquire Pangiam for approximately $70 million in an all-stock transaction, expecting to close in Q1 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.49%
Tags
acquisition earnings AI
-
News
BigBear.ai to Acquire Pangiam, Combining Facial Recognition and Advanced Biometrics with BigBear.ai’s Computer Vision Capabilities to Spearhead the Vision AI Industry
Rhea-AI Summary
BigBear.ai, a leading provider of AI-enabled business intelligence solutions, announced a definitive merger agreement to acquire Pangiam Intermediate Holdings, LLC for approximately $70 million in an all-stock transaction. The merger will create one of the industry's most comprehensive Vision AI portfolios, positioning the company as a foundational leader in the application of AI. The acquisition is expected to close in Q1 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.08%
Tags
acquisition AI
News
BigBear.ai Expands Partnership with Thomas Jefferson University Hospital
Rhea-AI Summary
BigBear.ai announces expansion of its AI platform at Thomas Jefferson University Hospital to improve day-to-day operations in resource and bed management, nurse staffing, and transfer center. The FutureFlow RX Predictive AI platform allows hospitals to create 'digital twins' and simulate operational scenarios for more efficient planning and execution.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.1%
Tags
partnership AI
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BigBear.ai Holdings Inc

NYSE:BBAI

BBAI Rankings

#3144 Ranked by Market Cap
#2495 Ranked by Stock Gains
N/A Ranked by Dividends

BBAI Stock Data

388.20M
34.89M
59.98%
5%
6.98%
Software and Other Prerecorded Compact Disc, Tape, and Record Reproducing
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United States
Columbia

About BBAI

bigbear.ai is the new leader in decision dominance serving the national defense and intelligence communities. the company delivers high-end capabilities across the data and digital spectrum to deliver information superiority and decision support. bigbear.ai provides a comprehensive suite of solutions including artificial intelligence and machine learning, data science, advanced analytics, offensive and defensive cyber, data management, cloud solutions, digital engineering, and systems integration. bigbear.ai’s customers, including the u.s. intelligence community, department of defense, and u.s. federal government, rely on its advanced technology solutions to analyze information, manage risk, and solve complex problems, leading to better decision making. headquartered in columbia, maryland, bigbear.ai has additional locations in virginia, massachusetts, and california.for more information, please visit https://bigbear.ai/.