New York, June 3, 2026, 18:02 (EDT)
- C3.ai dropped 4.2% to finish the session at $10.71. The stock later traded at $10.95 after the bell.
- C3 AI posted fiscal fourth-quarter revenue of $51.6 million. The company posted a non-GAAP loss of 33 cents a share.
- C3 AI is guiding for fiscal 2027 revenue between $210 million and $240 million, which is down from the $250.3 million reported for fiscal 2026. The company does expect its adjusted operating losses to shrink.
C3.ai shares traded higher late Wednesday after the company reported quarterly revenue that topped Wall Street estimates. The enterprise AI software firm also said it expects a narrower adjusted operating loss in the coming year. The move gave investors some relief after another rough regular session.
The stock finished the session 4.2% lower at $10.71, but then climbed to $10.95 in after-hours, up 2.24%, Google Finance data showed. After-hours trades happen after New York’s 4 p.m. close, when volume usually drops and prices can swing more.
C3.ai is in focus as it looks to win back investor confidence. A year of slow sales, layoffs and a changing exec team has pressured the stock. The company said founder Thomas Siebel is back as CEO. He summed up his return in two words: “Game on.” C3 AI
C3.ai posted revenue of $51.6 million for its fiscal fourth quarter. The company said subscription revenue came in at $48.4 million, making up 94% of that total. C3.ai reported a non-GAAP loss of 33 cents per share. Non-GAAP results don’t include restructuring charges or stock-based pay.
Google Finance data had the loss coming in better than the expected 37 cents a share. Revenue beat the $50.23 million forecast. Shares bounced after hours but stayed well under their 52-week high at $30.11.
C3.ai is guiding for revenue between $50 million and $54 million for the first quarter of fiscal 2027. Full-year revenue is expected at $210 million to $240 million, with the company also projecting a non-GAAP operating loss of $128 million to $160 million. In fiscal 2026, C3.ai posted revenue of $250.3 million and a non-GAAP operating loss of $217.8 million.
Siebel purchased 6.17 million C3.ai shares at $11.16 per share, the company said. C3.ai reported cash, cash equivalents and marketable securities totaled $673 million as of June 3, counting money from that purchase.
AI software stocks slumped in the regular session, with Palantir down 6.6%, Microsoft slipping 3.2% and SoundHound AI off 8.5%. C3.ai traded on much heavier volume than normal as interest picked up ahead of its earnings.
Stocks were down across the board. The S&P 500 dropped 0.74% and the Dow Jones Industrial Average slipped 1.21% on Wednesday, according to MarketWatch. C3.ai’s regular-session loss matched the broad move lower, but its post-earnings slide was driven by company news.
C3.ai is making changes after a bigger shakeup. Back in February, Reuters said the company was eliminating 26% of its jobs globally and targeting a 30% cut in non-wage expenses by late 2027, following lackluster results and a soft forecast for fourth-quarter sales.
But the risk is there. Siebel called the company’s recent sales “entirely unacceptable” and “surreal.” The outlook still points to lower revenue in fiscal 2027 compared to fiscal 2026. If the new sales team fails to land contracts, cutting costs could just reduce the cash burn without bringing growth back. C3 AI
C3.ai started its earnings call at 5 p.m. ET. Now the question is if Siebel can push past cost-cutting and show real revenue growth, instead of just clearing a lowered hurdle. Investors may not wait much longer.
