C3.ai, Inc. (AI) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of a loss of $0.13. This compares to loss of $0.09 per share a year ago.
C3.ai missed quarterly subscription revenue estimates on Wednesday, as enterprises tightened spending amid economic uncertainties, sending its shares down by 17% in after-hours trading.
The enterprise AI company expects sequential growth in revenue during the current quarter, but also steeper adjusted operating losses on a sequential basis.
Enterprise artificial intelligence company C3.ai Inc AI's stock is plunging after-hours Wednesday following its first-quarter earnings report.
C3.ai shares plummeted afterhours Wednesday following its fiscal 1Q earnings release that showed the company fall of subscription revenue expectations. The AI software provider reported a 21% year-over-year increase in total revenue for fiscal Q1 2025, reaching $87.2 million, in line with analysts' estimates.
Investors can profit from the booming demand for AI servers with Dell stock, where the company is going after a $174 billion opportunity. C3.ai expects accelerating growth to continue, as more enterprises adopt generative AI software.
Wall Street expects C3.ai Inc AI to report a negative 13 cents in earnings per share (EPS) and $86.94 million in revenues when the company reports first-quarter earnings on Thursday after market hours.
Artificial intelligence is transforming industries, from defense and utilities to health care and retail. Will C3.ai lead the multibillion-dollar change?
Artificial intelligence (AI) name C3.ai Inc (NYSE:AI) will announce fiscal first-quarter earnings after the close tomorrow, Sept.
I'm concerned that the lofty expectations already baked into C3.aI's stock price leave little room for upside, especially as the company continues to burn cash. Despite the hype around AI, I believe the transition to a consumption-based pricing model could create revenue predictability challenges. With a valuation at 7x forward sales, I see more attractive opportunities elsewhere in the SaaS space that offer better growth prospects and profitability.
C3.ai's first-quarter fiscal 2025 earnings results are likely to reflect gains of portfolio strength and an expanding partner base despite higher investments.
C3.ai faces challenges with customer acquisition costs and unclear revenue projections, leading to a Neutral rating before Q1 FY25 earnings. Despite moderate valuation pessimism, C3's management underwhelms on sustainable growth, and transparency issues hinder accurate business evaluation. C3's bookings growth metric shows potential but lacks clarity, risking sudden outlook downgrades if pilot trials don't convert to subscriptions.