C3.ai Stock Drops 8% Due to Poor Subscription Revenue

Reported about 1 month ago

C3.ai's stock fell by 8% following the release of its first-quarter fiscal year 2025 results, which showed subscription revenue that missed expectations by 7%. Despite strong professional services revenue, analysts expressed concerns about the volatility in the company’s subscription model. C3.ai's CEO defended the quarter's performance, highlighting significant year-over-year growth, but investor scrutiny remains high in the AI sector.

Source: YAHOO

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