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Stock impact report

BigBear.ai Shares Fall After Company Lowers Revenue Guidance [MarketWatch]

BigBear.ai, Inc. (BBAI) 
Company Research Source: MarketWatch
At 6:31 p.m. EDT, the company's shares were trading 21.53% lower at $2.15 per share. Volume in the after-hours market topped 219,000 shares. The stock touched a 52-week low of $2.33 per share on Aug. 4. After the bell, the company reported a loss per share of 45 cents on revenue of $37.6 million. In the year-ago period, the company reported a loss per share of 3 cents on revenue of $36.3 million. BigBear.ai also said it was expecting 2022 revenue in a range between $150 million and $170 million. Previously, the company was expecting 2022 revenue in a range of $175 million to $205 million. BigBear.ai said it "delivers AI-powered analytics and cyber engineering solutions." Write to Stephen Nakrosis at stephen.nakrosis@wsj.com Show less Read more
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