Should You Buy, Hold or Sell AI Stock Ahead of Q1 Earnings?

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C3.ai's fiscal first-quarter performance is likely to have gained from C3 Generative AI solutions and increased demand for its Enterprise AI software.C3.ai's efforts to diversify its customer base and engage with clients across various industries, such as manufacturing, federal, defense, aerospace and pharmaceuticals, are expected to have contributed significantly to revenue growth.

AI reported a loss of 9 cents per share in the year-ago quarter.C3.ai's earnings beat the Zacks Consensus Estimate in the trailing four quarters, with an earnings surprise of 49.18%, on average.

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Author / Journalist: Zacks

Category: Technology

Markets: United States

Topics: Mid Cap Earnings Beats News Earnings Tech Contributors Markets Analyst Ratings AI Trading Ideas

Source Website Secure: Yes (HTTPS)

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Article Type: News Report

Published On: 2024-09-03 @ 18:01:43 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 755 words

Reading Time: 5 minutes read

Sentences: 29 lines

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Copyright Owner: © Benzinga

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