Lates News

C3.ai's first quarter revenue was $70.30 million, analyst's expected $104.2 million. The first quarter adjusted loss per share was $0.37, analysts expected a loss of $0.20. Stephen Ehikian was appointed as the new CEO, withdrawing the annual performance guidance. The third quarter and full year revenue guidance will be disclosed during the second quarter earnings report. Second quarter revenue is expected to be between $72 million and $80 million, analysts expected $100.5 million. C3.ai's stock dropped 12% after hours.