secwatch.observer — SEC 8-K summary
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Issuer:     BigBear.ai Holdings, Inc. (BBAI)
CIK:        0001836981
Form:       8-K
Filed at:   2024-08-01T23:59:59+00:00
Accession:  0001628280-24-034155
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BigBear.ai Q2 revenue up 3.4% to $39.8M; FY2024 guidance cut to $165-$180M
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- Revenue $39.8M (+3.4% YoY); gross margin improved to 27.8% from 23.3%.
- Net loss narrowed to $11.7M from $16.9M in Q2 2023; cash $72.3M at June 30.
- Signed MSA with London Heathrow Airport for advanced AI technology deployment.
- FY2024 revenue guidance reduced to $165-$180M, citing timing of awards and regulatory approvals.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1836981/000162828024034155/0001628280-24-034155-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1836981/000162828024034155/bbai-20240801.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-034155

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer