C3.ai lifts FY revenue guidance after fiscal Q2 results top estimates

Investing.com

2024-12-10

Investing.com -- C3.ai on Monday raised its full-year revenue guidance following fiscal second-quarter results that topped Wall Street estimates.,

C3.ai Inc (NYSE:AI) climbed more than 13% in afterhours trading following the report.

The company reported fiscal Q2 adjusted loss of $0.06 on revenue of $94.6 million, topping estimates for a loss of $0.14 on revenue of $91M.

For Q3, Salesforce (NYSE:CRM) guided adjusted operating loss in a range of $38.6M to $46.6M on revenue in the range of $95.5B to $100.5M. Analysts were expecting revenue of $97.6M.

Looking to fiscal 2025 the company sees an adjusted operating loss in a range of $105M to $135M on revenue in the range of $378B to $398M, compared with prior guidance for an adjusted operating loss in a range of $95M to $125M on revenue in the range of $370B to $395M.

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Analysts were expecting revenue of $97.6M.Looking to fiscal 2025 the company sees an adjusted operating loss in a range of$105M to $135M onrevenue in the range of $378B to $398M, compared with prior guidance for an adjusted operating loss in a range of$95M to $125M onrevenue in the range of $370B to $395M.California law, refinery exit reflect ongoing fuel market challenges, EIA says. Google says it has cracked a quantum computing challenge with new chip","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"AI":"C3.ai, Inc."},"translate_title":"C3.ai在第二季度财报高于预期后上调财年收入指引","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AI":1},"content_text":"Investing.com -- C3.ai on Monday raised its full-year revenue guidance following fiscal second-quarter results that topped Wall Street estimates., \nC3.ai Inc (NYSE:AI) climbed more than 13% in afterhours trading following the report.\nThe company reported fiscal Q2 adjusted loss of $0.06 on revenue of $94.6 million, topping estimates for a loss of $0.14 on revenue of $91M.\nFor Q3, Salesforce (NYSE:CRM) guided adjusted operating loss in a range of $38.6M to $46.6M on revenue in the range of $95.5B to $100.5M. Analysts were expecting revenue of $97.6M.\nLooking to fiscal 2025  the company sees an adjusted operating loss in a range of $105M to $135M on revenue in the range of $378B to $398M, compared with prior guidance for an adjusted operating loss in a range of $95M to $125M on revenue in the range of $370B to $395M.\nRelated Articles\nC3.ai lifts FY revenue guidance after fiscal Q2 results top estimates\nCalifornia law, refinery exit reflect ongoing fuel market challenges, EIA says\nGoogle says it has cracked a quantum computing challenge with new chip","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0}}}