BIGBEAR AI HLDGS INC Stock Price, News & Analysis

BigBear.ai (NYSE: BBAI) is launching a thought-leadership campaign at global industry events to showcase its AI technology advancements.

Executives will discuss the capabilities of ProModel Corporation, focusing on responsible AI usage and its impact on federal and commercial markets. Key events include:

• CTMA Partners Meeting (May 3-5, Virginia Beach, VA)
• DIA Future Technologies Symposium (May 11-12, Virtual)
• Conference on Governance of Emerging Technologies (May 19-20, Phoenix, AZ)
• Automotive Innovation Forum (May 24-25, Munich, Germany)
• DAX 2022 (June 4, Baltimore, MD)

BigBear.ai (NYSE: BBAI) will report its financial results for Q1 2022 on May 9, 2022, after market close. An earnings conference call is scheduled for 5:00 p.m. ET that day, accessible via toll-free number 877-485-3107 or via the webcast on the BigBear.ai Investor Relations website. A replay will be available for two weeks. BigBear.ai specializes in AI-powered analytics and cyber engineering solutions, serving clients including the U.S. Intelligence Community and Department of Defense, with a focus on mission-critical operations.

BigBear.ai (NYSE: BBAI) has appointed Carolyn Blankenship as General Counsel, bringing over 25 years of legal experience in AI, data ethics, and M&A. Her responsibilities will include guiding corporate legal strategy and fostering trusted AI principles as the company expands. Previously at Thomson Reuters, she managed IP for M&A activities totaling over $20 billion. CEO Reggie Brothers emphasized Blankenship's unique expertise and her potential to drive long-term success amid their aggressive growth strategy.

BigBear.ai (NYSE: BBAI) has successfully acquired ProModel Corporation, enhancing its commercial growth strategy focused on operational AI for various industries. This acquisition provides BigBear.ai access to ProModel's predictive analytics software, used by numerous Fortune 500 companies. It allows BigBear.ai to integrate advanced decision-making capabilities in supply chains and process optimization. The deal is expected to significantly expand BigBear.ai’s customer base, adding hundreds of clients and improving market penetration globally.

BigBear.ai (NYSE: BBAI) will ring the Opening Bell at the New York Stock Exchange on March 30, 2022, celebrating its public listing on December 8, 2021. CEO Dr. Reggie Brothers will join the executive team for the event, which starts at 9:30 a.m. ET. Live coverage will be available on the NYSE website and social media platforms. BigBear.ai specializes in AI-powered analytics and cyber engineering solutions and has been operational for over 20 years, serving clients that include the U.S. Intelligence Community and Department of Defense.

BigBear.ai Holdings, Inc. (BBAI) reported a revenue of $145.6 million for 2021, with a 23% gross margin. The company secured nine new contracts, leading to a backlog of $465 million. Despite a net loss of $123.6 million for the year, driven by stock-based compensation from a merger, BigBear.ai highlights the growth potential in its federal Analytics sector. The company ended 2021 with $68.9 million in cash and aims for continued growth in 2022, projecting an increase in commercial opportunities and a solid foundation for scalable solutions.

BigBear.ai (NYSE: BBAI) will release its fourth quarter and full year financial results for the period ending December 31, 2021 on March 17, 2022, after market close. An earnings conference call is scheduled for 5:00 p.m. ET on the same day, accessible via phone at 877-485-3107 or 201-689-8427. A listen-only audio webcast will also be available on the BigBear.ai Investor Relations website. Replay options will be provided for those unable to attend live.

BigBear.ai (NYSE: BBAI) will showcase its AI-powered analytics and cybersecurity solutions at upcoming events, including a panel discussion at SXSW on March 15, 2022, focusing on space cybersecurity and China. The USGIF GEOINT Symposium will feature BigBear's capabilities in intelligence, logistics, and counter-narcotics from April 24-27, 2022. Recent contracts with the Defense Intelligence Agency and US Cyber Command underline the company's strategic importance in national security. BigBear aims to make AI-based decision support solutions accessible for both government and commercial sectors.

BigBear.ai (NYSE: BBAI) announced the appointment of Todd Hughes as Senior Vice President of Technology and Research and Dan Jones as Senior Vice President of Products. This strategic move aims to bolster innovation and product development, enhancing the company's solutions for both public and private sector customers. Hughes, with 20 years of experience, will drive research innovations, while Jones will focus on developing next-generation AI-driven products. Both executives bring extensive leadership and technology expertise to the company, which is poised to capitalize on the growing demand for AI and machine learning solutions.