C3.ai(US:AI) Ge Long Hui A P P·2026-02-26 09:17Group 1 - C3.ai's stock plummeted 22.7% to $7.97 in pre-market trading following disappointing Q3 earnings and guidance for Q4 [1] - For the third fiscal quarter ending January 31, 2026, C3.ai reported a 46% year-over-year revenue decline to $53.3 million, significantly below the analyst consensus of $75.9 million by 30% [1] - Subscription revenue totaled $48.2 million, accounting for 90% of total revenue, while adjusted earnings per share were -$0.40, worse than the expected -$0.29 [1] Group 2 - C3.ai forecasts Q4 revenue between $48 million and $52 million, which is substantially lower than the market expectation of $77.47 million [1] - The company announced a workforce reduction of approximately 26% under the leadership of new CEO Stephen Ehikian, impacting around 1,181 full-time employees as of April 30, 2025 [1] - C3.ai anticipates restructuring costs of about $10 million to $12 million for the current quarter and plans to reduce non-wage-related costs by approximately 30% by the end of 2027 [1]