C3.ai Sees Q1 Total Revenue $84M-$89M vs $85.88M Est., FY25 Revenue $370M-$395M vs $367.51M Est.
Portfolio Pulse from Benzinga Newsdesk
C3.ai has provided its Q1 revenue guidance of $84M-$89M, which is in line with the estimated $85.88M. Additionally, the company has forecasted its FY25 revenue to be between $370M and $395M, surpassing the estimated $367.51M.
May 29, 2024 | 8:10 pm
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POSITIVE IMPACT
C3.ai's Q1 revenue guidance of $84M-$89M aligns with the estimated $85.88M, and its FY25 revenue forecast of $370M-$395M exceeds the estimated $367.51M. This positive outlook may boost investor confidence.
The revenue guidance for Q1 is in line with expectations, which should maintain investor confidence. The FY25 revenue forecast exceeding estimates is a positive indicator for the company's future performance, likely leading to a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100