Financial Report Preview | Will the AI boom slow down? Can C3.AI's Q1 performance continue to exceed expectations?

Zhitong
2024.09.02 03:53
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American artificial intelligence (AI) software service provider C3.ai is set to announce its financial performance for the first quarter of the 2025 fiscal year after the U.S. stock market closes on September 4th (Wednesday). Wall Street expects the company's Q2 revenue to be $87.12 million, a 42% year-on-year increase; with an expected loss per share of $0.13, compared to a loss per share of $0.09 in the same period last year. Analysts' consensus earnings per share forecast for the company for this quarter has remained unchanged in the past 30 days. Nvidia's previously announced performance outlook fell short of analysts' highest expectations, cooling investors' confidence in AI trading. These changes may exacerbate concerns about the overheating of artificial intelligence and trigger recent sell-offs, leading investors to shift to less popular areas in the stock market. According to analysts' collective expectations, professional services revenue is expected to reach $7.52 million, with an anticipated year-on-year decrease of 31.7%. "Subscription revenue" is expected to be $79.61 million, with a potential year-on-year growth of 29.8%. The market expects the gross margin of the subscription revenue business to reach 56.1%. Compared to current estimates, the company's gross margin for the same period last year was 50%

According to the financial news app Zhitong Finance, the American artificial intelligence (AI) software service provider C3.ai (AI.US) will announce its financial performance for the first quarter of the 2025 fiscal year after the U.S. stock market closes on September 4th (Wednesday). Wall Street expects the company's Q2 revenue to be $87.12 million, a year-on-year increase of 42%; it is expected to have a loss of $0.13 per share, compared to a loss of $0.09 per share in the same period last year.

Analysts' consensus earnings per share forecast for the company for this quarter has remained unchanged in the past 30 days.

Previously, Nvidia (NVDA.US) announced that its performance outlook did not meet analysts' highest expectations, cooling investors' confidence in AI trading. These changes may exacerbate concerns about the overheating of artificial intelligence, leading to recent selling and causing investors to shift to less popular areas in the stock market.

According to analysts' collective expectations, professional services revenue is expected to reach $7.52 million, with an expected year-on-year decrease of 31.7%. It is anticipated that "subscription revenue" will be $79.61 million, with a potential year-on-year increase of 29.8%.

The market expects the gross margin of the subscription revenue business to reach 56.1%. Compared to the current estimates, the company's gross margin for the same period last year was 50%

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