Tag: $C3.ai

The company reported a July quarter loss of 5 cents a share, compared with the consensus forecast for a 13-cent loss among Wall Street analysts tracked by FactSet. Revenue came in at $87.2 million, which was above analysts’ expectations of $86.9 million.

C3.ai shares were trading sharply lower in premarket trading Thursday, the morning after the company provided a financial outlook for its April 2024 fiscal year that fell shy of Wall Street estimates.

C3.ai AI shares rose early Monday after the company said it is on track to beat its guidance for its fiscal fourth quarter. It’s a boost for the artificial-intelligence software provider as it aims for profitability.