C3.ai Sees Stronger Revenue But Analyst Concerned Over Profitability And Scale

JP Morgan analyst Pinjalim Bora maintained an Underweight rating on C3.ai, Inc AI with a price target of $27, down from$ 28.C3.ai reported a third-quarter revenue of $98.8 million, up 26%. The revenue total beat a Street consensus estimate of$ 98.1 million.Also Read: EchoStar Q4: $3.97 Billion Revenue, Narrows Pay-TV Subscriber Losses, Focuses On High-Quality Users, Wireless GrowthThe company had an adjusted net loss of 12 cents per share, which beat a street consensus estimate of 25 cents per share.C3.ai e ...