C3.ai Stock Up Over 14% as AI Company Beats Revenue Expectations Despite Wider Losses
- C3.ai reported narrower-than-expected loss and revenue that topped estimates for fiscal Q3
- Revenue guidance met analyst expectations
- AI stock rose over 14% after hours on positive earnings report
- Company pushed back target for adjusted profitability amid increased investments
- C3.ai helps companies build AI applications for sectors like energy, financial services, and defense