C3.ai Posts Downbeat Results, Joins Trade Desk, FTAI Aviation And Other Big Stocks Moving Lower In Thursday's Pre-Market Session - C3.ai (NYSE:AI), Array Technologies (NASDAQ:ARRY)
Group 1 - U.S. stock futures are lower, with Dow futures down approximately 0.1% on Thursday [1] - C3.ai Inc reported a quarterly loss of 40 cents per share, missing the consensus estimate of 29 cents [2] - Quarterly revenue for C3.ai was $53.26 million, falling short of the Street estimate of $75.616 million by over 29% and down from $98.78 million year-over-year [2] - C3.ai shares declined by 23.5% to $7.89 in pre-market trading [2]