Monday, February 23, 2026
HomeTech CertificationsGoogle IT Support Professional CertificateAs CEO Siebel Labels Initial Sales Figures "Completely Unacceptable," C3 AI Shares...

As CEO Siebel Labels Initial Sales Figures “Completely Unacceptable,” C3 AI Shares Drops 20%

After the enterprise artificial intelligence company C3 AI revealed preliminary financial results and restructured its global sales and services organisation, its shares fell more than 20% on Monday.

C3 AI stated on Friday that it anticipates reporting revenue for its fiscal first quarter of 2026 in the range of $70.2 million to $70.4 million, although those are preliminary, unaudited projections.

For the same quarter last year, the company’s revenue was $87.2 million.

Source (CNBC)

SourceCNBC
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