05:07 PM EST, 03/07/2024 (MT Newswires) -- BigBear.ai ( BBAI ) reported a Q4 net loss late Thursday of $0.14 per diluted share, narrower than a loss of $0.23 a year earlier.

Analysts polled by Capital IQ expected a loss of $0.05.

Revenue for the quarter ended Dec. 31 was $40.6 million, up from $40.4 million a year earlier.

Analysts surveyed by Capital IQ expected $42.8 million.

The company said it expects revenue of between $195 million and $215 million for 2024.

Analysts polled by Capital IQ expect $173.7 million.

The company's shares were falling more than 23% in after-hours trading.

Price: 2.88, Change: -0.88, Percent Change: -23.4