C3.ai, led by returning CEO Thomas Siebel, is executing a turnaround focusing on sales restructuring and cost reduction. In Q1 2027, bookings rose 73% quarter-over-quarter and federal bookings increased 138% year-over-year, alongside a positive free cash flow of $2.1 million. The company improved its non-GAAP gross margin to 50% and cut operating expenses significantly after reducing headcount by 40%. Despite these improvements, revenue remains down year-over-year, and the stock trades at high sales multiples without profitability. Future growth depends on continued execution beyond Siebel's leadership.
C3.ai has been upgraded to a Buy rating following early signs of recovery under founder Thomas Siebel's renewed leadership. The company reported a sequential surge of over 70% in Q1 bookings, attributed to a successful sales team restructuring and re...
C3.ai reported better-than-expected Q1 fiscal 2027 results with an EPS loss of $0.20, outperforming the estimated loss of $0.26. Revenue reached $52.38 million, slightly above estimates, mainly fueled by $49.2 million in subscription revenue. Despite...
