C3.ai (AI) Beat Earnings Expectations, But It's Not Enough To Keep The Stock Up
b"C3.ai (AI) beat on earnings and upgraded their guidance for the next quarter as well as the fiscal year and beat the street's expectations, but it's actually very interesting as the market has gotten used to these adjustments, notes Kevin Green. He talks about how AI is falling after reporting earnings that couldn't live up to the hype. AI's adjusted EPS came in at -$0.13 versus an estimated -$0.17 and revenue came in at $72.41M versus an estimated $72.32M. He goes over that AI's subscription revenue of $56.9M was 79% of revenue. Tune in to find out more about the stock market today."