C3.AI plunges after quarterly revenue miss

C3.ai

25/02/2026 23:30

** Shares of enterprise AI software provider C3.AI AI.N plunges 22% to $8.05 after the bell

** Co reports Q3 total revenue of $53.3 million vs. estimates of $75.52 million - data compiled by LSEG

** Logs quarterly adjusted loss per share of 40 cents vs. estimates of 29 cents

** Co cuts 26% of global workforce; to incur about $10 million to $12 million pre-tax charges in Q4 - SEC filing

** In 2025, AI fell 61%

(Reporting by Sanskriti Shekhar in Bengaluru )

((Sanskriti.Shekhar@thomsonreuters.com))