BigBear.ai Holdings Inc (NYSE:BBAI) shares are falling after the company reported its fourth-quarter financial results. Here’s a look at the details.
The Details: BigBear.ai reported quarterly losses of 14 cents per share, which missed the analyst consensus estimate of losses of 5 cents per share.
Quarterly sales clocked in at $40.563 million, missing the analyst consensus estimate of $42.755 million and representing a 0.51% increase year-over-year.
BigBear.ai announced its acquisition of Pangiam Intermediate Holdings was finalized on Feb. 29.
The company also reported an ending cash balance of $32.6 million as …
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