C3.ai, Inc. (AI) Reports Q2 Loss, Tops Revenue Estimates
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C3.ai, Inc. (AI) reported a Q2 loss of $0.06 per share, which is better than the Zacks Consensus Estimate of a $0.16 loss. This is an improvement from the $0.13 loss per share reported a year ago.
December 09, 2024 | 11:30 pm
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POSITIVE IMPACT
C3.ai, Inc. reported a smaller-than-expected Q2 loss of $0.06 per share, beating the Zacks Consensus Estimate of a $0.16 loss. This marks an improvement from the previous year's $0.13 loss per share.
C3.ai's better-than-expected earnings report, with a smaller loss than anticipated, is likely to positively impact its stock price in the short term. The improvement from last year's loss also adds to the positive sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100