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C3.ai stock edges higher as revenue, earnings beat estimates

Dec. 01, 2021 4:25 PM ETC3.ai, Inc. (AI)By: Chris Ciaccia, SA News Editor12 Comments
  • C3.ai (NYSE:AI) shares rose slightly as the company beat Wall Street estimates on earnings and revenue.
  • C3.ai (AI) shares tacked on nearly 2% to $34.50 in after-hours trading on back of the results.
  • The company said second-quarter revenue was $58.3 million, up 41% year-over-year. During the quarter, it posted

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Comments (12)

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i remember the calls for 200, even some 500. hahahaha. wonder where those chumps are now?
Did not beat Wall St. estimates top or bottom lines. Beat the company low ball numbers! Big esll of in morning, poor cash position.

The company said first-quarter revenue was $52.4 million, up 29% year-over-year. During the quarter, it posted an adjusted loss of 37 cents per share.
Wall Street analysts surveyed expected C3.ai (AI) to report a loss of 29 cents a share on $57 million in revenue.
Dougmayer profile picture
@chris hafferty How is 1.08 Billion a poor cash position? They literally have enough cash to last 9 years at the current burn rate.
Unbelievable this guy got all the numbers wrong, dont know how he made up these numbers..
MoodyMoney profile picture
Your numbers are wrong.

Livermore Lazyr profile picture
aren't the numbers all wrong too? i'm seeing $58.3M qtrly rev / 41% inc compare ...non-GAAP earn of ($0.23) - maybe b/c above says FY Q1 and release is for FY Q2 [edited to improve figure labels]

Glad they beat! C3ai was heading into no man's land at a new 52-wk LOW today! Come on, Mr. Siebel, You can do it. Longz AI! :-)
Critilyst profile picture
@magenta17 it's going even lower, WOW!
@Critilyst GTFO and troll somewhere else!🤪
Wrong headline. They beat both top and bottom
@drnaik03 Next stop high $20s. i feel sorry for the employee stock options underwater!

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