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C3 AI rises as Siebel resumes CEO role, posts upbeat preliminary Q4 revenue

ReutersMay 12, 2026 12:24 PM
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Enterprise artificial intelligence software provider C3 AI AI.N shares rise 2.3% to $9.70 premarket

Co says Thomas Siebel resumes role of CEO effective May 8 after he had stepped down as CEO over health concerns

“While my vision remains impaired, it is improving. The health issues I encountered during 2025 are largely resolved" - Siebel says in a statement

Reports preliminary Q4 revenue of $51.6 mln vs analysts' avg est of $50.1 mln, according to data compiled by LSEG

As of last close, stock down ~30% this year

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