BigBear.ai Q2 revenue $37.6M, gross margin 25%, backlog $325M; COO Sam Gordy terminated

BigBear.ai Holdings, Inc.

2022-Q2 EPS reported -$0.59 revenue$74,003,000

Revenue $37.6M (Q2 2022); gross margin 25%; Analytics segment adjusted gross margin 39%.
Ending backlog $325M; revised 2022 outlook citing slower federal awards and longer sales cycles.
COO Samuel Gordy terminated effective Aug 8, 2022; no replacement planned.
Acquired ProModel in Q2 expanding modeling/simulation; signed contract with large Eastern US health system.

item 2.02 item 5.02 item 9.01

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Departed

Samuel Gordy

Chief Operating Officer and Federal Market President

BBAI · BigBear.ai Holdings, Inc.

Effective: 2022-08-08
Filed: August 9, 2022, 7:59 PM ET

Effective August 8, 2022, the Company terminated the employment of Samuel Gordy, the Company’s Chief Operating Officer and Federal Market President.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Samuel Gordy was terminated as Chief Operating Officer and Federal Market President at BigBear.ai Holdings, Inc..

Action: terminated
Role: Chief Operating Officer and Federal Market President

Exact text from the filing

Effective August 8, 2022, the Company terminated the employment of Samuel Gordy, the Company’s Chief Operating Officer and Federal Market President.

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BigBear.ai Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001628280-22-021949

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