BigBear.ai Q2 Preview: The Backlog Line In The Sand

Ignatiev  BigBear.ai (NYSE:BBAI) heads into tonight’s Q2 print with a handful of telltale markers investors will be watching closely. The most obvious one is backlog, Q4’24 closed at $418M before slipping to $385M in Q1’25 (+30% YoY). The Street will likely treat anything north of $400M ...