BigBear.ai Holdings (BBAI) stock suffered a steep 15.48% decline in pre-market trading on Friday, following the company's release of lackluster fourth-quarter results and weaker-than-expected revenue guidance for fiscal 2025.
The artificial intelligence and cybersecurity firm reported a Q4 net loss of $0.43 per diluted share, significantly wider than the $0.14 loss a year earlier and missing analysts' expectations of a $0.05 loss. Revenue for the quarter came in at $43.8 million, up from $40.6 million a year ago but falling short of the consensus estimate of $54.6 million.
Adding to investor concerns, BigBear.ai issued disappointing revenue guidance for the full year 2025, projecting a range of $160 million to $180 million. This outlook fell well short of analysts' consensus estimate of $193.9 million, raising doubts about the company's growth prospects.