BigBear.ai (BBAI) Soars on Q3 Beat and $250M Ask Sage Deal: Profit Returns, Guidance Reaffirmed — Nov 11, 2025
Dateline: November 11, 2025 — Shares of BigBear.ai (NYSE: BBAI) jumped sharply today after the AI defense contractor posted better‑than‑expected third‑quarter results and unveiled a definitive agreement to acquire Ask Sage, a secure generative‑AI platform, for approximately $250 million. Pre‑market gains reached roughly 19%–23% as investors reacted to the earnings beat and the strategic acquisition. TipRanks+2The Economic Times+2 Key takeaways Why BBAI is rallying today Traders are cheering a cleaner quarter that beat Street expectations alongside a deal that deepens BigBear.ai’s positioning in defense‑grade, secure generative‑AI. TipRanks highlighted the Q3 revenue beat (actual $33.1M vs. ~$31.8M consensus) and a narrower‑than‑expected