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Is It Too Late to Buy C3.ai Stock?
C3.aiC3.ai(US:AI) The Motley Foolยท2024-03-06 10:17

C3.ai's (AI -8.25%) stock price jumped 25% on Feb. 29 after the enterprise artificial intelligence (AI) software provider posted its latest earnings report. For the third quarter of fiscal 2024, which ended on Jan. 31, the company's revenue rose 18% year over year to $78.4 million and exceeded analysts' expectations by $2.3 million. Its adjusted net loss widened from $6.2 million to $15.9 million, or $0.13 per share, but still beat the consensus forecast by $0.15.C3.ai's top-line growth accelerated for the ...