'Senators Move To Force AI Companies To Disclose More' - Semafor Exclusive
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C3.Ai Stock In Focus: Reports Q1 Double Beat — Then Guides Below Estimates
C3.Ai Inc. (NYSE: AI) is trending Thursday after the company reported first-quarter results Wednesday after market close.
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Compared to Estimates, C3.ai (AI) Q1 Earnings: A Look at Key Metrics
C3.ai reported Q1 revenue of $52.38 million, down 25.5% year-over-year but beating consensus estimates by 1.79%. The company posted an EPS of -$0.20, a significant improvement from -$0.37 a year ago and beating estimates by 23.08%. While subscription revenue declined 18.5% YoY, gross margins improved in both professional services and subscription segments. The stock holds a Zacks Rank #3 (Hold) rating.