As C3.ai's stock sinks, the CEO sees a ‘misunderstanding'
C3.ai shares are down after earnings showed a different business mix than analysts were expecting, but the CEO says that's not a bad thing.
C3.ai: Unwarranted Reaction
C3.ai's revenue growth returned to 21%, with 71 new agreements and 51 pilot deals, indicating strong future growth despite market dissatisfaction. Despite slightly missing Wall St. estimates, C3.ai's FQ2 guidance still shows 24% YoY growth, with a strong history of beating targets. The stock now trades below the low-end price target range, offering up a Strong Buy signal.
Why C3.ai Stock Got Chopped Today
C3.ai beat estimates on the top and bottom lines. Guidance called for losses to expand.
A Scaled-Back Outlook is Pulling C3.ai's Stock Lower Today
C3,a1 (AI) shares sank to their lowest point in months Thursday after the artificial intelligence (AI) software maker projected a larger loss than expected for the current quarter.
C3.ai Stock Is Sliding. Wall Street Is Split on the AI Play.
The decline could be more about a market rotation rather than a judgement on its earnings.
C3.ai shares drop 20% as subscription revenue falls short of expectations
Shares of C3.ai (AI), an enterprise artificial intelligence software company, plummeted by 20% in premarket trading on Thursday after the company reported weaker-than-expected subscription revenue for the first quarter. If the decline in share price persists, it could erase over $600 million from its market valuation of $2.97 billion.
Why Are Shares of C3.ai Crashing After Earnings?
Despite a double beat, C3.ai stock crashed 19% after reporting earnings.
Verint Reports Downbeat Results, Joins C3.ai, Credo Technology And Other Big Stocks Moving Lower In Thursday's Pre-Market Session
U.S. stock futures were mixed this morning, with the Nasdaq futures dipping around 50 points on Thursday.
C3.ai Analysts Cut Their Forecasts After Q1 Earnings Results
C3.ai Inc AI posted upbeat earnings and sales results for its first quarter on Wednesday.
C3.ai slumps 20% on weak quarterly subscription revenue
Shares of C3.ai , which makes software for enterprise artificial intelligence, slumped 20% in premarket trading on Thursday, as subscription revenue was squeezed by slow conversions of pilot customers.
C3.ai, Inc. (AI) Q1 2025 Earnings Call Transcript
C3.ai, Inc. (NYSE:AI ) Q1 2025 Earnings Conference Call September 4, 2024 5:00 PM ET Company Participants Amit Berry - IR Thomas Siebel - Chairman & CEO Edward Abbo - EVP & Chief Technology Officer Hitesh Lath - CFO Conference Call Participants Patrick Walravens - JMP securities Timothy Horan - Oppenheimer Michael Latimore - Northland Capital Markets Kingsley Crane - Canaccord Genuity Operator Good day, and thank you for standing by. Welcome to the C3.ai's First Quarter Fiscal Year 2025 Conference Call.
Fed Rate Cut Alert: The Case for 50 bps?
While JOLTS numbers don't beg for a 50 bps rate cut in two weeks, depleted jobs numbers to close the week just might.
