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BigBear.ai raises annual guidance as Q3 revenue grows 31%

The Motley Fool +1 · ·by G4L

BBAI
BBAI BigBear.ai Holdings Inc
$1.91 -7.73%
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  1. 1BigBear.ai's Q3 revenue reached $43.6 million, marking a 31% growth rate for the recent quarter.
  2. 2BigBear.ai secured more than 25 new contracts since the last quarter, achieving a total new contract value of over $225 million.
  3. 3BigBear.ai recorded an operating loss of less than $100 million during the period.

So what's the key point?

BigBear.ai's Q3 revenue was $43.6 million. The company secured more than 25 new contracts but also recorded an operating loss.

Source The Motley Fool +1 · View original ↗

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