BUZZ-C3.ai up after beating quarterly revenue estimates

C3.ai Inc

C3.ai Inc

AI

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** Shares enterprise AI software provider C3.ai AI.N up ~3% at $11.08 in extended trading

** Company posts Q4 revenue of $51.6 million, beating analysts' average estimate of $50.2 million - data compiled by LSEG

** Quarterly adjusted loss at 33 cents per share vs estimate of 37-cent loss

** Company expects Q1 revenue in the range of $50 million to $54 million, while forecasts adjusted loss from operations between $40.5 million and $48.5 million

** Last month, company said Thomas Siebel is resuming the role of CEO, effective May 8, after stepping down over health concerns

** Shares down nearly 21% YTD


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