โ
๐ ๐๐๐ฌ๐ฎ๐ฅ๐ญ๐ฌ
โข Adj. EPS: -$0.20 (Est. -$0.26) โ
โข Revenue: $52.4M (Est. $52.09M).
โข Subscription Revenue: $49.2M, 94% of total revenue.
โข Adj. Gross Margin: 50%.
โข Adj. Operating Loss: $36.2M, improved 33% QoQ.
โข Free Cash Flow: $2.1M, positive.
โ
๐ฏ ๐๐ฎ๐ข๐๐๐ง๐๐
โข Q2 FY2027 Revenue: $51Mโ$55M (Est. $56.60M) โ
โข Q2 FY2027 Adj. Operating Loss: $34.5Mโ$42.5M.
โข FY2027 Revenue: $210Mโ$240M (Est. $224.31M).
โข FY2027 Adj. Operating Loss: $123Mโ$155M.
โ
๐ ๐๐๐ฒ ๐๐๐ค๐๐๐ฐ๐๐ฒ๐ฌ
โข Revenue stabilized at $52.4M and came roughly in line with consensus, while the Adj. loss per share was narrower than expected.
โข Bookings increased 73% QoQ as C3 AI's turnaround efforts showed early signs of traction.
โข Free cash flow turned positive at $2.1M, while the Adj. operating loss improved 33% sequentially.
โข C3 AI closed 22 agreements during the quarter, including deals with Ford, Johnson & Johnson and multiple U.S. government agencies.
โข Q2 revenue guidance came in below consensus, while the full-year revenue range brackets the Street estimate.
โ
๐ฌ ๐๐๐ง๐๐ ๐๐ฆ๐๐ง๐ญ ๐๐จ๐ฆ๐ฆ๐๐ง๐ญ๐๐ซ๐ฒ
โRevenue has stabilized, free cash flow is positive, operating loss has narrowed, and Forrester Research named C3 AI a leader in Enterprise AI.โ