C3.Ai (AI) Sinks After Missing on Sales Estimates, Analyst Slashes PT by Over 40% But Remains Bullish

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Go back to C3.Ai (AI) Sinks After Missing on Sales Estimates, Analyst Slashes PT by Over 40% But Remains Bullish

C3 AI Announces Record Fiscal 2021 Results

June 2, 2021 4:39 PM EDT

Fourth Quarter Revenue of $52.3 million, increased 26% year over year

REDWOOD CITY, Calif.--(BUSINESS WIRE)-- C3.ai, Inc. (NYSE: AI), the Enterprise AI application software company, today announced results for its fiscal fourth quarter and the full year ended April 30, 2021.

We achieved strong business and financial results in the fourth quarter and full fiscal year, as we advance our leadership position as the enterprise AI application software pure play, said CEO Thomas M. Siebel. The enterprise AI software market is rapidly growing, and we see accelerating interest in enterprise AI... More