From StockTwits: 2025-02-27 06:32:14

C3.ai, Inc. (AI) experienced a sharp decline in premarket trading despite reporting better-than-expected third-quarter results. The company posted an adjusted loss per share of $0.12, narrower than the year-ago quarter. Revenue increased by 26% year over year to $98.8 million, exceeding expectations. Subscription revenue, accounting for 87% of total revenue, grew by 22% to $85.7 million. CEO Thomas Siebel highlighted the company’s achievements in expanding its global network and advancing AI leadership. C3.ai closed 66 agreements during the quarter and expects fourth-quarter revenue between $103.6 million to $113.6 million.

In premarket trading, C3.ai stock dropped by 7.68% to $24.41 despite positive earnings, subscription growth, and strong cash position. The company ended the quarter with $724.3 million in cash. Analysts estimate fiscal year 2025 revenue to be between $383.9 million to $393.9 million. Despite the stock’s decline, sentiment on Stocktwits turned ‘extremely bullish’ with message volume spiking to high levels. Some users lamented the negative stock reaction, while others praised the company’s performance. C3.ai stock has decreased by 23.2% year-to-date.



Read more at StockTwits: C3.ai Stock Slides Despite Q3 Beat But Retail Sentiment Turns Markedly Upbeat