C3.ai raised its forecast for fiscal year 2025 revenue on Monday, helped by healthy demand for the company's enterprise artificial intelligence software as companies look for tools to help streamline their workflow.
AI stock rose after artificial intelligence software maker C3.ai reported a smaller-than-expected fiscal Q2 loss. Revenue topped estimates.
Wall Street expects C3.ai Inc AI to report a 16-cent loss per share for the second quarter, and $91.03 million in revenues, when it discloses earnings on Monday after market hours.
Wall Street Waits for Key Inflation Data.
C3.ai (AI 8.08%) stock enjoyed another day of big gains Friday. The software and consulting specialist's share price closed out the session up 8.1% and had been up as much as 8.4% earlier in the day's trading.
C3.ai, Inc. AI will release earnings results for the fiscal second quarter, after the closing bell on Monday, Dec. 9.
AI's second-quarter fiscal 2025 results are likely to reflect gains in portfolio strength and an expanding partner base.
Shares of C3.ai (AI 2.29%) were surging last month as investors cheered a new partnership with Microsoft, a sign that the AI software company may finally be turning the corner after years of wide losses. Additionally, the company benefited from a strong report from Palantir, the software company that has best proven the market for AI services thus far.
Shares of C3.ai (AI 3.26%) were moving higher today even though there was no company-specific news on the stock. Instead, shares of the cloud software stock rose in tandem with those of several of its peers that reported strong earnings results last night.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for C3.ai (AI), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended October 2024.
C3.ai, Inc. (AI) closed the most recent trading day at $36.75, moving +1.55% from the previous trading session.
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