BigBear.ai(BBAI) - 2024 Q2 - Quarterly Results

Exhibit 99.1 BigBear.ai Announces Second Quarter 2024 Results • Revenue up 3.4% to $39.8 million compared to$38.5 million in 2023, up 20% QoQ vs. 1Q24. • Cash balance of $72.3 million as of June 30, 2024. • Announced upcoming exercises for ConductorOS distributed platform. • Signed MSA with Heathrow Airport to deliver advanced technologies to Europe's largest airport. • Adjusting full-year 2024 revenue guidance to$165-$180 million. COLUMBIA, MD – August 1, 2024 – BigBear.ai Holdings, Inc. (NYSE: BBAI) ("B ...