— The stock dropped more than 4% after reporting second-quarter results that missed expectations. The entertainment and dining company earned 60 cents per share on $542 million of revenue. Analysts polled by LSEG had anticipated per-share earnings of 93 cents on revenue of $559 million.— C3.
ai shares tumbled 13% after the artificial intelligence software company guided for a wider-than-expected operating loss for the fiscal second quarter. C3.ai forecasted an operating loss in the range of $27 million to $40 million. Analysts polled by StreetAccount expected a loss of $20.5 million. Meanwhile, C3.ai reported an adjusted fiscal first-quarter loss of 9 cents per share on revenue of $72.4 million.
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Source: MarketWatch - 🏆 3. / 97 Read more »
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