C3.ai rises after quarterly revenue beat, Baker Hughes partnership renewal

ReutersMay 28, 2025 9:03 PM

Shares of AI software maker C3.ai AI.N rise 15% to $26.45 in extended trading

AI and Baker Hughes BKR.O announce renewal and expansion of joint venture agreement through June 2028

AI reports Q4 revenue of $108.7 million, above estimates of $107.7 million, according to data compiled by LSEG

Company forecasts fiscal 2026 revenue between $447.5 million and $484.5 million, the midpoint of which comes below estimate of $467.2 million

Expects Q1 revenue in the range of $100 million and $109 million

AI has lost over 33% YTD

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