C3.ai Raises Full-Year Revenue Guidance

Investing.com — C3.ai on Monday raised its full-year revenue guidance following fiscal second-quarter results that topped Wall Street estimates.

C3.ai Inc (NYSE:AI) climbed more than 13% in after-hours trading following the report.

The company reported fiscal Q2 adjusted loss of $0.06 on revenue of $94.6 million, topping estimates for a loss of $0.14 on revenue of $91 million.

Q3 Guidance

For Q3, C3.ai guided an adjusted operating loss in a range of $38.6 million to $46.6 million on revenue in the range of $95.5 million to $100.5 million. Analysts were expecting revenue of $97.6 million.

Fiscal 2025 Outlook

Looking to fiscal 2025, the company anticipates an adjusted operating loss in a range of $105 million to $135 million on revenue in the range of $378 million to $398 million, compared to prior guidance for an adjusted operating loss in a range of $95 million to $125 million on revenue in the range of $370 million to $395 million.