Core Viewpoint - C3.ai experienced a significant decline of over 23%, reaching a new low for the year at $16.86, following disappointing preliminary revenue results for the first quarter [1] Financial Performance - C3.ai reported preliminary revenue of approximately $70.3 million for the first quarter, which is substantially below analysts' expectations of $104.3 million for the quarter ending July 31 [1] - The company anticipates a GAAP operating loss of between $124.7 million and $124.9 million, while the non-GAAP operating loss is expected to be between $57.7 million and $57.9 million [1] - As of July 31, C3.ai held cash, cash equivalents, and marketable securities totaling $711.9 million [1] Management Commentary - Thomas Siebel, Chairman and CEO of C3.ai, acknowledged the completion of a comprehensive restructuring of the sales and services department, but expressed disappointment with the first quarter's sales performance, describing it as "completely unacceptable" [1]
美股异动 | CEO称Q1销售业绩令人无法接受 C3.ai(AI.US)大跌超23%