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C3.ai, Inc. (AI) Reports Q1 Loss, Beats Revenue Estimates

Zacks Investment Research·
C3.ai, Inc. (AI) Reports Q1 Loss, Beats Revenue Estimates

C3.ai reported a quarterly loss of $0.2 per share, beating consensus estimates of $0.26 loss, with a 23.08% earnings surprise. However, revenues declined year-over-year to $52.38 million. The stock has lost 23.3% since the beginning of the year and carries a Zacks Rank #3 (Hold) rating, suggesting near-term performance in line with the market.

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