{"id":135359,"date":"2024-12-10T07:03:16","date_gmt":"2024-12-10T00:03:16","guid":{"rendered":"https:\/\/hotvideos24.online\/?p=135359"},"modified":"2024-12-10T07:03:16","modified_gmt":"2024-12-10T00:03:16","slug":"c3-ai-stock-rallies-after-q2-results-seventh-consecutive-quarter-of-accelerating-revenue-growth-c3-ai-nyseai","status":"publish","type":"post","link":"https:\/\/hotvideos24.online\/?p=135359","title":{"rendered":"C3.ai Stock Rallies After Q2 Results, &#8216;Seventh Consecutive Quarter Of Accelerating Revenue Growth&#8217; &#8211; C3.ai (NYSE:AI)"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<\/p>\n<div id=\"article-body\" itemprop=\"articleBody\" itemscope=\"\" itemtype=\"https:\/\/schema.org\/Article\">\n<div>\n<p><strong>C3.ai, Inc. <\/strong><span class=\"ticker\" data-ticker=\"AI\" data-exchange=\"NYSE\" style=\"display: inline-block;\">AI<\/span> reported its second-quarter results after Monday&#8217;s closing bell. Here&#8217;s a look at the key figures <a href=\"https:\/\/www.benzinga.com\/pressreleases\/24\/12\/b42399733\/c3-ai-announces-fiscal-second-quarter-2025-financial-results\">from the quarter.\u00a0<\/a><\/p>\n<p><strong>The Details:\u00a0<\/strong>C3.ai reported quarterly losses of six cents per share, which beat the analyst consensus estimate for losses of 16 cents. Quarterly revenue clocked in at $94.34 million, which beat the consensus estimate of $91.02 million and is an increase over sales of $73.23 million from the same period last year.<\/p>\n<ul>\n<li>Subscription revenue for the quarter was $81.2 million, constituting 86% of total revenue, an increase of 22% compared to $66.4 million one year ago.<\/li>\n<li>Subscription and prioritized engineering services revenue combined was $90.8 million, constituting 96% of total revenue, an increase of 27% compared to $71.3 million one year ago.<\/li>\n<li>Non-GAAP gross profit for the quarter was $66.3 million, representing a 70% non-GAAP gross margin.<\/li>\n<li>C3.ai had $730.4 million in cash, cash equivalents, and marketable securities at the end of the quarter. <\/li>\n<\/ul>\n<p>\u201cWe had an outstanding quarter with strong top- and bottom-line performance to mark our seventh consecutive quarter of accelerating revenue growth,\u201d said <strong>Thomas M. Siebel<\/strong>, CEO of C3 AI.<\/p>\n<p>\u201cIt is difficult to overstate the potential of the Microsoft\u2013C3 AI strategic alliance,\u201d said Siebel. \u201cBy establishing C3 AI as a preferred AI application provider on Azure and creating a Microsoft-scale go-to-market engine, we\u2019re making it easy for businesses to adopt and deploy C3 AI applications. This is an inflection point for Enterprise AI, driving growth.\u201d<\/p>\n<p><strong>Read More: <\/strong><a href=\"https:\/\/www.benzinga.com\/general\/social-media\/24\/12\/42378469\/anthony-scaramucci-compares-trumps-fbi-pick-kash-patel-to-matt-gaetz\"><strong>Anthony Scaramucci Compares Trump\u2019s FBI Pick, Kash Patel, To Matt Gaetz<\/strong><\/a><\/p>\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\">\n<p>\n<iframe loading=\"lazy\" title=\"\ud83d\udd34WATCH LIVE: C3.ai Q2 2025 Earnings Call | $AI\" width=\"1170\" height=\"658\" src=\"https:\/\/www.youtube.com\/embed\/MsRgj4DAyzY?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/p>\n<\/figure>\n<p><strong>Outlook:\u00a0<\/strong>C3.ai sees third-quarter revenue in a range of $95.5 million to $100.5 million, versus the $97.57 million estimate, and fiscal 2025 revenue in a range of $378 million to $398 million, versus the $382.57 million estimate. <\/p>\n<p><strong>AI Price Action:<\/strong> According to <a href=\"https:\/\/pro.benzinga.com\/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw\">Benzinga Pro<\/a>, C3.ai shares are up 12.6% after-hours at $46.77 at the time of publication Monday.\u00a0<\/p>\n<p><strong>Read More:\u00a0<\/strong><\/p>\n<p><em>Photo: Shutterstock<\/em><\/p>\n<\/div>\n<p><a class=\"text-sm my-4\" href=\"https:\/\/www.benzinga.com\/apis?utm_source=benzinga.com&amp;utm_campaign=article-bottom\" rel=\"noreferrer noopener\" target=\"_blank\">Market News and Data brought to you by Benzinga APIs<\/a><\/p>\n<p class=\"copyright\">\u00a9 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.<\/p>\n<\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><div data-type=\"_mgwidget\" data-widget-id=\"1660802\">\r\n<\/div>\r\n<script>(function(w,q){w[q]=w[q]||[];w[q].push([\"_mgc.load\"])})(window,\"_mgq\");\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/www.benzinga.com\/news\/earnings\/24\/12\/42400744\/c3ai-stock-rallies-after-q2-results-seventh-consecutive-quarter-of-accelerating-revenue-growth\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>C3.ai, Inc. AI reported its second-quarter results after Monday&#8217;s closing bell. Here&#8217;s a look at the key figures from the quarter.\u00a0 The Details:\u00a0C3.ai reported quarterly losses of six cents per &hellip; <a href=\"https:\/\/hotvideos24.online\/?p=135359\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-135359","post","type-post","status-publish","format-standard","hentry","category-business","entry"],"_links":{"self":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/135359","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=135359"}],"version-history":[{"count":0,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/135359\/revisions"}],"wp:attachment":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=135359"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=135359"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=135359"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}