C3.ai Beats Q2 Earnings Estimates, Revenue Surges 22%
C3.ai, Inc. reported its second-quarter results after Monday’s closing bell, beating analyst expectations. The company’s quarterly losses narrowed to six cents per share, compared to an estimated loss of 16 cents. Revenue reached $94.34 million, surpassing the consensus estimate of $91.02 million and increasing by 4% from last year’s $73.23 million. Subscription revenue accounted for … Read more