Overview

• Fiscal first‑quarter revenue came in at about $70.3 million, down from $87.2 million a year earlier and below analyst expectations.
• C3.ai posted an adjusted loss of $0.37 per share, missing estimates that called for a $0.20 loss.
• The company guided second‑quarter revenue to $72 million to $80 million and declined to issue full‑year fiscal 2026 guidance.
• Stephen Ehikian took over as chief executive on Sept. 1, with founder Thomas Siebel moving to executive chairman.
• Shares fell sharply in after‑hours trading, with declines reported around 11% to 14%, as Siebel called the quarter "completely unacceptable."