c3.ai (AI) PT Lowered to $103 at Needham & Company

c3.ai (AI) PT Lowered to $45 at Wedbush

Wedbush analyst Dan Ives lowered the price target on c3.ai (NYSE: AI) to $45.00 (from $70.00) while maintaining a Outperform rating.... More

After-Hours Stock Movers 12/01: (DWAC) (SNOW) (FIVE) Higher; (ESTC) (VEEV) (WE) Lower (more...)

After-Hours Stock Movers:

Digital World Acquisition Corp (NASDAQ: DWAC) 27.8% HIGHER; Former President Trump's new social media venture is seeking to raise up to $1 billion by selling shares to hedge funds and family offices at a valuation of close to $3 billion, according to Reuters, citing people familiar with the matter.

Snowflake (NYSE: SNOW) 13.3% HIGHER; reported Q3 revenues $334.4 million versus the consensus estimate of $305.51 million. Product revenue of $312.5 million, representing 110% year-over-year growth. Sees Q4 product revenue of $345-$350... More

C3.ai (AI) Reports Q2 Revenues of $58.3M, Non-GAAP EPS of $(0.23)

C3.ai, Inc. (NYSE: AI), the Enterprise AI software company, today announced results for its fiscal second quarter ended October 31, 2021.

We closed another strong quarter, including a revenue increase of 41% from a year ago that exceeds our guidance and sell-side analysts expectations, said CEO Thomas M. Siebel. We expanded our important relationship with Baker Hughes extending the contract term, significantly increasing its value, and securing that value as a guaranteed future C3 AI revenue stream. We further diversified our enterprise AI production footprint across many industries and continued to innovate with the delivery of C3... More

C3.ai (AI) Tops Q2 EPS by 5c, Offers Guidance

C3.ai (NYSE: AI) reported Q2 EPS of ($0.23), $0.05 better than the analyst estimate of ($0.28). Revenue for the quarter came in at $58.3 million versus the consensus estimate of $56.9 million.

GUIDANCE:

C3.ai sees Q3 2022 revenue of $66-68 million, versus the consensus of... More