C3 AI Q2 Earnings: Revenue Beats Expectations, Shares Drop

TLDRC3 AI reported a loss of 13 cents per share in Q2, beating consensus, but revenue fell short of expectations. The company sees unprecedented interest in its generative AI offerings, but its guidance for the next quarter fell below expectations. Shares of C3 AI dropped by almost 8% after the earnings release.

Key insights

📈C3 AI reported a loss of 13 cents per share in Q2, beating consensus expectations.

📉Revenue for Q2 missed analysts' expectations at $73.2 million.

👀C3 AI sees unprecedented interest and traction for its generative AI offerings.

📉C3 AI's guidance for the next quarter fell below expectations.

📉Shares of C3 AI dropped by almost 8% after the earnings release.

Q&A

How did C3 AI perform in Q2?

—C3 AI reported a loss of 13 cents per share in Q2, beating consensus expectations.

What was the revenue for Q2?

—The revenue for Q2 was $73.2 million, missing analysts' expectations.

Is there interest in C3 AI's generative AI offerings?

—Yes, C3 AI sees unprecedented interest and traction for its generative AI offerings.

What is the guidance for the next quarter?

—The guidance for the next quarter fell below expectations.

How did C3 AI's shares perform after the earnings release?

—Shares of C3 AI dropped by almost 8% after the earnings release.

Timestamped Summary

00:00C3 AI reported a loss of 13 cents per share in Q2, beating consensus expectations.

00:08Revenue for Q2 missed analysts' expectations at $73.2 million.

00:14C3 AI sees unprecedented interest and traction for its generative AI offerings.

00:22C3 AI's guidance for the next quarter fell below expectations.

00:28Shares of C3 AI dropped by almost 8% after the earnings release.

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