C3 AI 4quarter earnings announced, share price surged 11.02% in after-hours trading
C3 AI reported 4quarter adjusted loss per share of 33 cents and revenue of $5,160 million. The share price rose 11.02% in after-hours trading, and the revenue guidance for 2027 was 2$1,000–$2$4,000 million.
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C3 AI announced its 6monthly 3day after the market close that it had posted 4quarter results. The adjusted loss per share for the 4quarter was 33 cents, based on the company's stated adjusted criteria. This was a smaller loss than the market estimate of 37 cents.
The company reported revenue of $5,160 million for the same quarter. This revenue exceeded the analysts' forecast of $5,024 million. The revenue figure was calculated based on the item in the quarterly report disclosed by the company.
Chief Executive Officer Thomas Siebel acknowledged the company's past weak operating performance. Siebel mentioned organizational restructuring and an execution plan. He put it simply: "Game On."
In after-hours trading immediately following the earnings announcement, shares rose 11.02%. The after-hours gain was the figure confirmed in trading immediately after the announcement. The increase occurred immediately after the company announced its earnings and guidance.
The company provided revenue guidance for the fiscal year of 2027fiscal-year revenue guidance ranging from 2hundred million1,000ten thousand dollars to 2hundred million4,000ten thousand dollars. This range is the company’s published annual revenue outlook. The company informed investors of its future financial outlook, including the guidance range.
Market analysts’ 2027revenue forecast was compiled at 2hundred million2,470ten thousand dollars. The company’s guidance was disclosed as a figure for comparison with this forecast. Additional details are included in the company’s quarterly report.
Sources: Benzinga
Bullstory synthesized this report from the linked sources. AI may have assisted the writing process. Check the original reports for factual confirmation.
