Core Viewpoint - A class action lawsuit has been filed against C3.ai, Inc. by Berger Montague PC on behalf of investors who acquired shares during the specified class period, alleging misleading statements regarding the company's growth and CEO's health [1][3]. Company Overview - C3.ai, headquartered in Redwood City, California, is recognized as a leading provider of enterprise artificial intelligence software [2]. Legal Action Details - The lawsuit claims that C3.ai and certain executives made materially false and misleading statements or failed to disclose adverse information about the company's growth prospects and the impact of the CEO's health on operations [3]. - Investors who purchased C3.ai securities during the class period have until October 21, 2025, to seek appointment as lead plaintiff representatives [2]. Financial Impact - On August 8, 2025, C3.ai announced disappointing preliminary financial results for Q1 of fiscal 2026 and reduced its full-year revenue guidance, attributing this to leadership reorganization and the CEO's health [3]. - Following this announcement, C3.ai's stock price fell from $22.13 per share on August 8 to $16.47 per share on August 11, marking a decline of over 25% [3].

FY26-Q1 Financial Highlights - Revenue reached $70.3 million[7] - Subscription revenue accounted for $60.3 million[18], while subscription and prioritized engineering services revenue combined totaled $69.0 million[18] - Non-GAAP gross profit was $36.3 million, resulting in a non-GAAP gross margin of 52%[18] - The company's cash balance stood at $711.9 million[7] Partner Ecosystem - 40 agreements were closed through the partner network in Q1[11] - The joint 12-month qualified opportunity pipeline with partners increased by 54% year-over-year[11] - C3 AI and Microsoft jointly closed 24 agreements[11] Bookings and Deployments - Manufacturing accounted for 46% of total bookings in FY26-Q1[24], a significant increase compared to 5.2% in FY25-Q1[23] - Federal, Defense and Aerospace represented 28% of total bookings in FY26-Q1[24], down from 31% in FY25-Q1[23] - Federal, Defense and Aerospace accounted for 32.1% of initial production deployments in FY26-Q1[27], while Manufacturing accounted for 28.6%[27] - Federal, Defense and Aerospace accounted for 33.3% of Generative AI initial production deployments in FY26-Q1[30], with Construction, Manufacturing, Oil and Gas, and Telecommunications each accounting for 16.7%[30] Guidance - The company expects total revenue between $72.0 million and $80.0 million for FY26-Q2, representing a year-over-year growth between -15% and -24%[14] - Non-GAAP loss from operations is projected to be between $(49.5) million and $(57.5) million for FY26-Q2[14] - The company withdrew its previous full-year fiscal 2026 guidance due to the appointment of a new CEO and restructuring of sales and services organizations[15]

All right, let's get you C3AI's results. I want to remind you that there was a pre-announcement about three weeks ago uh with disappointing revenue numbers. The stock was down on that.Here we have C3AI reporting uh Q1 revenues of 70 uh million versus uh the 95 million expected, an adjusted loss of uh 37 cents versus a 20 cent loss expected. And then on the guide, which is important here, uh, because of that pre-announcement, guiding a Q2 revenue of 72 to80 million versus the prior expectation of $101 millio ...

The C3.ai logo is seen near a computer motherboard in this illustration taken on Jan. 8, 2024.Shares of the enterprise artificial intelligence company C3 AI fell 14% in extended trading on Wednesday after it announced fiscal first-quarter results and the appointment of Stephen Ehikian as its new CEO.C3 AI reported $70.3 million in revenue for the quarter, down from $87.2 million during the same period last year. The company's GAAP net loss widened to an 86-cent loss from a 50-cent loss a year ago.Ehikian is ...

[Company Announcements and Executive Summary](index=1&type=section&id=C3%20AI%20Announces%20Fiscal%20First%20Quarter%202026%20Financial%20Results) [Fiscal First Quarter 2026 Financial Highlights](index=1&type=section&id=Fiscal%20First%20Quarter%202026%20Financial%20Highlights) C3 AI announced its Q1 FY2026 financial results, with Chairman Thomas M. Siebel calling the performance "completely unacceptable" due to short-term impacts from sales and service reorganization and his health issues, yet the company remains optimistic for accelerated future growth - Chairman Thomas M. Siebel stated that the **Fiscal First Quarter 2026 financial performance was 'completely unacceptable'**, primarily due to short-term disruptions from sales and service organization restructuring and his health issues[4](index=4&type=chunk) Fiscal First Quarter 2026 Financial Highlights | Metric | Amount (Q1 FY2026) | | :-------------------------------- | :-------------- | | Total Revenue | $70.3 million | | Subscription Revenue | $60.3 million | | Subscription Revenue as % of Total Revenue | 86% | | Total Subscription and Priority Engineering Services Revenue | $69.0 million | | Combined Subscription and Priority Engineering Services Revenue as % of Total Revenue | 98% | | GAAP Gross Profit | $26.4 million | | GAAP Gross Margin | 38% | | Non-GAAP Gross Profit | $36.3 million | | Non-GAAP Gross Margin | 52% | | GAAP Net Loss Per Share | $(0.86) | | Non-GAAP Net Loss Per Share | $(0.37) | | Cash, Cash Equivalents, and Marketable Securities | $711.9 million | [Business Highlights](index=1&type=section&id=Business%20Highlights) C3 AI completed a comprehensive reorganization of its global sales and services, appointed new leadership, and integrated functions to enhance customer experience, signing 46 agreements and expanding its footprint in government and partner networks - C3 AI restructured its global sales and services organization, appointing new sales leadership and merging sales and services functions to provide a more seamless customer experience[5](index=5&type=chunk) - The company signed **46 agreements** this quarter, including **28 initial production deployment agreements**[7](index=7&type=chunk) - New or expanded agreements were secured with customers including HII, Nucor Corporation, Qemetica, the U.S. Army, Missile Defense Agency, U.S. Navy, and the U.S. Intelligence Community[7](index=7&type=chunk)[12](index=12&type=chunk) [Statement About Appointment of New Chief Executive Officer](index=1&type=section&id=Statement%20About%20Appointment%20of%20New%20Chief%20Executive%20Officer) C3 AI announced Stephen Ehikian's appointment as CEO effective September 1, 2025, with founder Thomas M. Siebel transitioning to Executive Chairman, focusing on key partnerships, strategic client relationships, and product strategy - **Stephen Ehikian** has been appointed as C3 AI's Chief Executive Officer, effective September 1, 2025[1](index=1&type=chunk)[15](index=15&type=chunk) - Thomas M. Siebel will serve as Executive Chairman, assisting the new CEO and focusing on partnerships, strategic client relationships, and product strategy[16](index=16&type=chunk) [Financial Outlook](index=4&type=section&id=Financial%20Outlook) C3 AI issued Q2 FY2026 financial guidance, projecting total revenue between $72.0 million and $80.0 million and non-GAAP operating loss between $(49.5) million and $(57.5) million, while withdrawing its full-year FY2026 guidance due to the new CEO appointment and sales reorganization Q2 FY2026 Financial Guidance | Metric | Q2 FY2026 Guidance | | :------------------------ | :------------------- | | Total Revenue | $72.0 - $80.0 million | | Non-GAAP Operating Loss | $(49.5) - $(57.5) million | - The company withdrew its previously issued full-year FY2026 guidance due to the new CEO appointment and sales and services organization restructuring[19](index=19&type=chunk) [Business Operations and Strategic Initiatives](index=1&type=section&id=Business%20Operations%20and%20Strategic%20Initiatives) [Sales and Services Reorganization](index=1&type=section&id=Sales%20and%20Services%20Reorganization) C3 AI completed a global sales and services reorganization, introducing new leadership and merging functions to deliver a seamless, high-touch customer experience focused on rapidly achieving significant economic value - The company has fully reorganized its sales and services organization, introducing new, experienced leadership, including a new Chief Commercial Officer and EMEA General Manager[4](index=4&type=chunk)[5](index=5&type=chunk) - Sales and services functions have been merged to provide a more seamless, high-touch customer experience, focusing on rapidly achieving significant economic value from every customer interaction[5](index=5&type=chunk) [C3 AI Strategic Integrator Program (SIP)](index=2&type=section&id=C3%20AI%20Strategic%20Integrator%20Program) C3 AI launched its Strategic Integrator Program (SIP), an OEM initiative enabling partners to license the C3 Agentic AI Platform for building and commercializing enterprise AI applications, leveraging C3 AI's investments and avoiding vendor lock-in, seen as a significant future growth channel - C3 AI launched its Strategic Integrator Program (SIP), an OEM initiative enabling partners to license the C3 Agentic AI Platform to build and commercialize enterprise AI applications[12](index=12&type=chunk) - SIP aims to leverage C3 AI's existing investments in data aggregation, data ontology, and machine learning, providing partners with an open architecture to avoid vendor lock-in, and is considered a significant future growth opportunity[12](index=12&type=chunk) [Partner Network](index=2&type=section&id=Partner%20Network) This quarter, C3 AI completed 40 agreements through its partner network, with a 12-month qualified opportunity pipeline growing 54% year-over-year, including 24 agreements with Microsoft and progress with McKinsey & Company - **40 agreements** were completed this quarter through the partner network[12](index=12&type=chunk) - The joint 12-month qualified opportunity pipeline with partners grew **54% year-over-year**[12](index=12&type=chunk) - **24 agreements** were completed with Microsoft, with the qualified pipeline growing **140% year-over-year**[12](index=12&type=chunk) [Customer Success](index=2&type=section&id=Customer%20Success) Nucor Corporation expanded its multi-year partnership with C3 AI for an enterprise AI program, with initial C3 AI Supply Chain Suite deployments live and planned expansion, while Qemetica launched its first enterprise AI project, successfully improving production yield with C3 AI Reliability and planning expansion to 100 manufacturing assets - Nucor Corporation expanded its multi-year partnership with C3 AI to build an enterprise AI program, with initial deployments of the C3 AI Supply Chain Suite live and plans for expansion to more plants and use cases[12](index=12&type=chunk) - Qemetica partnered with C3 AI to launch its first enterprise AI project, successfully applying the C3 AI Reliability application to improve production yield, with plans to expand predictive maintenance solutions to up to **100 manufacturing assets**[12](index=12&type=chunk) [Federal Business Expansion](index=2&type=section&id=Federal%20Business) C3 AI completed 12 federal agreements this quarter, representing 28% of total bookings, securing new or expanded deals with major U.S. defense and intelligence entities like HII and the U.S. Army, accelerating shipbuilding throughput and deploying logistics applications - **12 agreements** were completed in the federal sector this quarter, accounting for **28% of total bookings**[12](index=12&type=chunk) - New or expanded agreements were signed with HII, Newport News Shipbuilding, the U.S. Department of Defense, U.S. Army, U.S. Intelligence Community, U.S. Air Force, U.S. Marine Corps, U.S. Navy, and Missile Defense Agency[12](index=12&type=chunk) - HII is expanding its partnership with C3 AI to accelerate shipbuilding throughput using enterprise AI[12](index=12&type=chunk) - The U.S. Army is deploying logistics applications based on the C3 Agentic AI Platform to predict parts shortages, fuel consumption, and ammunition requirements for frontline vehicles[13](index=13&type=chunk) [C3 Generative AI Products](index=3&type=section&id=C3%20Generative%20AI) C3 AI completed 9 C3 Generative AI agreements, including 6 initial production deployments, and introduced agentic data extraction for automated data processing, leading to significant economic benefits like 20% employee productivity increase and 85% reduction in procurement contract review time - **9 C3 Generative AI agreements** were completed, including **6 initial production deployment agreements**[17](index=17&type=chunk) - Agentic data extraction functionality was introduced, which automatically extracts, structures, and validates data from unstructured formats[17](index=17&type=chunk) - C3 Generative AI deployments are yielding significant economic benefits, including **20% increase in employee productivity**, **80% reduction in inspection planning time**, **14% reduction in call center average handle time**, **85% reduction in procurement contract review time**, and **90% labor savings in archival analysis**[17](index=17&type=chunk) [Financial Statements](index=8&type=section&id=Financial%20Statements) [Condensed Consolidated Statements of Operations](index=8&type=section&id=CONDENSED%20CONSOLIDATED%20STATEMENTS%20OF%20OPERATIONS) In Q1 FY2026, total revenue decreased 19.5% year-over-year to $70.26 million, with subscription revenue down 17.9%, while cost of revenue increased 25.0%, leading to a 49.3% drop in gross profit to $26.44 million and a gross margin decline from 60% to 38%, resulting in an 85.9% wider net loss of $(116.77) million and $(0.86) GAAP net loss per share Condensed Consolidated Statements of Operations | Metric (in thousands) | Three Months Ended July 31, 2025 | Three Months Ended July 31, 2024 | Y-o-Y Change | | :-------------------------------- | :---------------------- | :---------------------- | :--------- | | Total Revenue | $70,261 | $87,213 | -19.5% | | Subscription Revenue | $60,301 | $73,456 | -17.9% | | Professional Services Revenue | $9,960 | $13,757 | -27.6% | | Total Cost of Revenue | $43,817 | $35,047 | +25.0% | | Gross Profit | $26,444 | $52,166 | -49.3% | | Gross Margin | 38% | 60% | -22 ppts | | Total Operating Expenses | $151,263 | $124,752 | +21.2% | | Loss from Operations | $(124,819) | $(72,586) | +72.0% | | Net Loss | $(116,769) | $(62,827) | +85.9% | | GAAP Net Loss Per Share | $(0.86) | $(0.50) | +72.0% | [Condensed Consolidated Balance Sheets](index=9&type=section&id=CONDENSED%20CONSOLIDATED%20BALANCE%20SHEETS) As of July 31, 2025, total assets were $968.74 million, down from $1,025.88 million on April 30, 2025, primarily due to a decrease in cash and cash equivalents offset by an increase in marketable securities, while total liabilities decreased from $187.58 million to $169.92 million and total stockholders' equity fell from $838.30 million to $798.82 million Condensed Consolidated Balance Sheets | Metric (in thousands) | July 31, 2025 | April 30, 2025 | Change | | :-------------------------------- | :-------------- | :------------- | :----- | | Total Assets | $968,739 | $1,025,882 | $(57,143) | | Cash and Cash Equivalents | $80,941 | $164,358 | $(83,417) | | Marketable Securities | $630,957 | $578,330 | $52,627 | | Accounts Receivable, Net | $113,925 | $137,226 | $(23,301) | | Total Liabilities | $169,915 | $187,579 | $(17,664) | | Total Stockholders' Equity | $798,824 | $838,303 | $(39,479) | [Condensed Consolidated Statements of Cash Flows](index=10&type=section&id=CONDENSED%20CONSOLIDATED%20STATEMENTS%20OF%20CASH%20FLOWS) In Q1 FY2026, net cash flow from operating activities was $(33.54) million, a decrease from $8.04 million in the prior year, while net cash used in investing activities increased to $(51.17) million due to higher net purchases of marketable securities, and net cash provided by financing activities was $1.29 million, resulting in a total period-end cash, cash equivalents, and restricted cash of $93.51 million, a decrease of $83.42 million from the beginning of the period Condensed Consolidated Statements of Cash Flows | Metric (in thousands) | Three Months Ended July 31, 2025 | Three Months Ended July 31, 2024 | | :-------------------------------- | :---------------------- | :---------------------- | | Net Cash (Used in) Provided by Operating Activities | $(33,535) | $8,042 | | Net Cash Used in Investing Activities | $(51,171) | $(41,550) | | Net Cash Provided by Financing Activities | $1,289 | $182 | | Net Decrease in Cash, Cash Equivalents, and Restricted Cash | $(83,417) | $(33,326) | | Cash, Cash Equivalents, and Restricted Cash at End of Period | $93,507 | $146,386 | [Non-GAAP Financial Measures and Professional Services](index=5&type=section&id=Non-GAAP%20Financial%20Measures%20and%20Professional%20Services) [Statement Regarding Use of Non-GAAP Financial Measures](index=5&type=section&id=Statement%20Regarding%20Use%20of%20Non-GAAP%20Financial%20Measures) C3 AI reports non-GAAP financial measures as supplementary information to GAAP, primarily for internal decision-making and period-over-period comparisons, encouraging investors to consider both GAAP and non-GAAP data for a comprehensive business understanding - Non-GAAP financial measures are used for internal financial and operational decision-making and period-over-period comparisons, not as a substitute for GAAP financial measures[24](index=24&type=chunk) - Non-GAAP metrics primarily exclude stock-based compensation expense and employer payroll tax expense related to stock-based compensation[26](index=26&type=chunk) [Professional Services Revenue Details](index=5&type=section&id=Professional%20Services%20Revenue) Professional services revenue includes service fees and priority engineering services, where customers pay to accelerate planned software features, totaling $9.96 million in Q1 FY2026, a 27.6% year-over-year decrease due to declines in both priority engineering services and regular service fees - Professional services revenue includes service fees and priority engineering services, with the latter involving fees for accelerating planned software feature development[25](index=25&type=chunk)[27](index=27&type=chunk) Professional Services Revenue | Metric (in thousands) | Three Months Ended July 31, 2025 | Three Months Ended July 31, 2024 | Y-o-Y Change | | :-------------------------------- | :---------------------- | :---------------------- | :--------- | | Priority Engineering Services | $8,663 | $10,649 | -18.66% | | Service Fees | $1,297 | $3,108 | -58.25% | | Total Professional Services Revenue | $9,960 | $13,757 | -27.60% | [Reconciliation of GAAP to Non-GAAP Financial Measures](index=11&type=section&id=RECONCILIATION%20OF%20GAAP%20TO%20NON-GAAP%20FINANCIAL%20MEASURES) C3 AI provides a reconciliation of GAAP to non-GAAP financial measures, which exclude stock-based compensation and related employer payroll taxes, showing Q1 FY2026 non-GAAP gross profit of $36.32 million (52% margin), non-GAAP operating loss of $(57.82) million, non-GAAP net loss per share of $(0.37), and free cash flow of $(34.30) million - Non-GAAP financial measures are reconciled by excluding stock-based compensation expense and related employer payroll tax expense[39](index=39&type=chunk)[40](index=40&type=chunk) [Gross Profit Reconciliation](index=11&type=section&id=Gross%20Profit%20Reconciliation) Gross Profit Reconciliation | Metric (in thousands) | Three Months Ended July 31, 2025 | Three Months Ended July 31, 2024 | | :-------------------------------- | :---------------------- | :---------------------- | | GAAP Gross Profit | $26,444 | $52,166 | | Stock-based Compensation Expense | $9,290 | $8,408 | | Employer Payroll Tax Expense | $586 | $356 | | Non-GAAP Gross Profit | $36,320 | $60,930 | | GAAP Gross Margin | 38% | 60% | | Non-GAAP Gross Margin | 52% | 70% | [Loss from Operations Reconciliation](index=11&type=section&id=Loss%20from%20Operations%20Reconciliation) Loss from Operations Reconciliation | Metric (in thousands) | Three Months Ended July 31, 2025 | Three Months Ended July 31, 2024 | | :-------------------------------- | :---------------------- | :---------------------- | | GAAP Loss from Operations | $(124,819) | $(72,586) | | Stock-based Compensation Expense | $64,775 | $54,683 | | Employer Payroll Tax Expense | $2,220 | $1,272 | | Non-GAAP Loss from Operations | $(57,824) | $(16,631) | [Net Loss Per Share Reconciliation](index=11&type=section&id=Net%20Loss%20Per%20Share%20Reconciliation) Net Loss Per Share Reconciliation | Metric | Three Months Ended July 31, 2025 | Three Months Ended July 31, 2024 | | :-------------------------------- | :---------------------- | :---------------------- | | GAAP Net Loss (in thousands) | $(116,769) | $(62,827) | | Non-GAAP Net Loss (in thousands) | $(49,774) | $(6,872) | | GAAP Net Loss Per Share | $(0.86) | $(0.50) | | Non-GAAP Net Loss Per Share | $(0.37) | $(0.05) | [Free Cash Flow Reconciliation](index=13&type=section&id=Free%20Cash%20Flow%20Reconciliation) Free Cash Flow Reconciliation | Metric (in thousands) | Three Months Ended July 31, 2025 | Three Months Ended July 31, 2024 | | :-------------------------------- | :---------------------- | :---------------------- | | Net Cash (Used in) Provided by Operating Activities | $(33,535) | $8,042 | | Less: Purchases of Property and Equipment | $(760) | $(924) | | Free Cash Flow | $(34,295) | $7,118 | [Corporate and Legal Information](index=5&type=section&id=Corporate%20and%20Legal%20Information) [About C3.ai, Inc.](index=7&type=section&id=About%20C3.ai%2C%20Inc.) C3.ai, Inc. is an enterprise AI application software company offering a fully integrated product family including the C3 Agentic AI Platform for developing, deploying, and operating enterprise AI applications, C3 AI Applications (a portfolio of industry-specific SaaS enterprise AI applications), and C3 Generative AI (a suite of domain-specific generative AI products) - C3.ai, Inc. is an enterprise AI application software company[30](index=30&type=chunk) - The company offers products including the C3 Agentic AI Platform, C3 AI Applications, and C3 Generative AI[30](index=30&type=chunk) [Use of Forward-Looking Statements](index=6&type=section&id=Use%20of%20Forward-Looking%20Statements) This press release contains forward-looking statements regarding market position, partnerships, financial outlook, growth, sales channels, product benefits, CEO transition, sales/service reorganization, and business strategy, which are subject to risks like historical losses, customer dependence, and market acceptance of AI solutions, with no commitment to update - The press release contains forward-looking statements regarding future events, trends, financial condition, and business objectives[29](index=29&type=chunk) - Forward-looking statements are subject to various risks and uncertainties, including historical losses, reliance on a few existing customers, CEO transition, and market acceptance of enterprise AI solutions[29](index=29&type=chunk) [Conference Call Details and Investor Presentation](index=5&type=section&id=Conference%20Call%20Details%20and%20Investor%20Presentation) C3 AI held its Q1 FY2026 financial results conference call on September 3, 2025, and investors can access an investor presentation with additional information and analysis on the company's investor relations page, ir.c3.ai - The Fiscal First Quarter 2026 financial results conference call was held on September 3, 2025[21](index=21&type=chunk) - An investor presentation is available on the company's investor relations page, ir.c3.ai[22](index=22&type=chunk) [Contact Information](index=7&type=section&id=Contact%20Information) Investors can contact ir@c3.ai, and public relations inquiries should be directed to Mindy Nelson at Axicom, pr@c3.ai - Investor contact: ir@c3.ai[31](index=31&type=chunk) - Public relations contact: Mindy Nelson at Axicom, pr@c3.ai[31](index=31&type=chunk)

Core Viewpoint - A class action lawsuit has been filed against C3.ai, Inc. for alleged violations of securities laws, claiming the company made false and misleading statements regarding its revenue projections and the impact of its CEO's health on operations [1][4]. Group 1: Lawsuit Details - The lawsuit is based on violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 [1]. - Investors who purchased C3's securities between February 26, 2025, and August 8, 2025, are encouraged to participate in the lawsuit [2]. - The class has not yet been certified, meaning potential participants are not currently represented by an attorney [3]. Group 2: Allegations Against C3.ai - The complaint alleges that C3.ai made false and misleading statements that led investors to believe the company could reliably project its revenues and growth [4]. - The company downplayed the risks associated with the health concerns of CEO Thomas M. Siebel, which ultimately affected its optimistic projections for growth, earnings, and margins [4]. - When the truth about C3's operations and the impact of the CEO's health became known, investors suffered damages [4].

Core Points - A class action has been filed against C3.ai, Inc. on behalf of investors who acquired its securities between February 26, 2025, and August 8, 2025 [1] - Allegations include misleading investors about the impact of the CEO's health on the company's business prospects and its ability to close deals [2] - On August 8, 2025, C3.ai announced disappointing preliminary financial results for Q1 of fiscal 2026 and reduced its revenue guidance for the full fiscal year, attributing this to CEO health issues and management reorganization [3] Legal Proceedings - Shareholders wishing to serve as lead plaintiffs must submit their papers by October 21, 2025, and can remain absent class members if they choose not to participate [4] - Robbins LLP operates on a contingency fee basis, meaning shareholders incur no fees or expenses [5]

SAN FRANCISCO, Sept. 2, 2025 /PRNewswire/ -- A securities fraud class action lawsuit styled Liggett Sr. v. C3.ai, Inc., et al., No. 3:25-cv-07129 (N.D. Cal.) has been filed and seeks to represent C3.ai (NYSE: AI) investors who purchased or otherwise acquired C3.ai securities between February 26, 2025 and August 8, 2025.The lawsuit comes after C3.ai reported preliminary financial results for its Q1 2026, which shockingly included expected revenues between only $70.2 million-$70.4 million, well below the midp ...

Key Takeaways AI expects Q1 revenue of $70.2M-$70.4M, down 19% year over year and well below prior guidance.Non-GAAP Q1 operating loss is estimated to be $57.7M-$57.9M, reflecting deepening financial strain.AI's partner-driven strategy shows promise, with 73% of Q4 deals involving channel partners.C3.ai, Inc. (AI) is scheduled to report its first-quarter of fiscal 2026 results on Sept. 3, after the closing bell.In the last reported quarter, C3.ai’s top and bottom lines surpassed the Zacks Consensus Estimate ...

Core Viewpoint - The C3.ai class action lawsuit alleges that the company and its executives misled investors regarding the company's revenue outlook and growth potential, particularly in relation to CEO Thomas M. Siebel's health concerns, which ultimately led to a significant drop in stock price following disappointing financial results [1][4][5]. Group 1: Lawsuit Details - The lawsuit is titled Liggett v. C3.ai, Inc. and is filed in the Northern District of California, seeking to represent purchasers of C3.ai securities [1]. - The complaint claims that C3.ai's optimistic growth reports were misleading and overly reliant on the health of its CEO [4]. - Following the announcement of disappointing preliminary financial results for Q1 FY 2026 and a reduction in revenue guidance, C3.ai's stock price fell by more than 25% [5]. Group 2: Legal Process - Investors who suffered losses and wish to serve as lead plaintiff must file motions by October 21, 2025 [2][6]. - The lead plaintiff is typically the investor with the greatest financial interest and acts on behalf of all class members [6]. Group 3: Company Background - C3.ai operates as an enterprise artificial intelligence application software company [3]. - Robbins Geller Rudman & Dowd LLP, the law firm handling the case, is recognized for its success in securities fraud litigation, having recovered over $2.5 billion for investors in 2024 alone [7].