C3.ai stock plunges on Q1 results
C3.ai (AI) reported fiscal 2025 first quarter results after the market close on Wednesday. The company posted a smaller loss than expected in the quarter, losing $0.05 per share on an adjusted basis versus the expected $0.13 loss. Revenue of $87.2 million was in line with Street estimates, though subscription revenue fell short of what analysts were expecting.
Market Domination Overtime anchors Julie Hyman and Josh Lipton break down the report in the video above.
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This post was written by Stephanie Mikulich.
Video Transcript
C three a i That company out with its fiscal first quarter numbers the company reporting a more narrow loss than expected, uh, revenue in line with estimates.
But the company's subscription revenue It looks like missing estimates here and the company leaving its full year revenue forecast unchanged.
Um, so now, watching those shares as well, we are also, by the way, gonna hear from Tom Sel, who is, uh, head of C three a. I.
Later in the week as well.
He talked about fifth consecutive quarter of accelerating revenue growth, uh, for the company and the demand for enterprise A. I is intensifying again, though the stock, under pressure after subscription revenue, missed estimates.