C3.ai Stock Plunges: Is It Time to Buy or Sell?
C3.ai(AI) The Motley Fool·2024-09-10 06:00
The enterprise AI software company faces a lot of long-term challenges.C3.ai's (AI 0.42%) stock fell 8% on Sept. 5 after it posted its latest earnings report. For the first quarter of fiscal 2025, which ended on July 31, the enterprise artificial intelligence (AI) software company's revenue rose 21% year over year to $87.2 million and exceeded analysts' estimates by $0.3 million. It narrowed its adjusted net loss from $11 million to $6.9 million, or $0.05 per share, which also cleared the consensus forecast ...