:max_bytes(150000):strip_icc():format(jpeg)/GettyImages-2201667562-b0e3ac5fc7a74f72aae067e922007212.jpg "C3.ai logo is displayed on a smartphone screen")
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Key Takeaways
- C3.ai reported fiscal 2025 third-quarter revenue growth that was below the gains it posted in the previous barracks, sending shares lower.
- The enterprise artificial intelligence technology provider’s loss was much less than foresaw by analysts surveyed by Visible Alpha.
- C3.ai said it anticipates moderation in gross margins and operating margin.
Shares of C3.ai (AI) cut 6% Thursday, a day after the enterprise artificial intelligence (AI) technology firm’s revenue growth slowed.
The company suss out fiscal 2025 third-quarter revenue rose 26% year-over-year to $98.8 million, slightly above forecasts of analysts contemplated by Visible Alpha. However, the gain was less than the 29% rise in the second quarter. Subscription revenue was up 22% to $85.7 million, also diet better than expected. C3.ai’s adjusted loss of $0.12 was about half of estimates.
The company anticipates that it last will and testament see some moderation in gross margins because of an increase in mix of more costly pilots, according to a transcript of the earnings shout provided by AlphaSense. In addition, it expects some moderation in its operating margin in the near term because of more investments in the area.
C3.ai shares jumped at the end of 2024, but have steadily declined since. They’ve now lost about 17% of their value over and beyond the past year.
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