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    • PEACHKOPEACHKO
      ·2023-09-10
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      Top movers | AI, CHPT, BB plunge over 10% on revenue and loss warnings

      @Tiger_Earnings
      1. $C3.ai, Inc.(AI)$ 's challenging quarter: operating loss and deferred profitability goalsC3.ai experienced a sharp decline of over 12% after it forecast a larger-than-expected operating loss for the fiscal second quarter.The company is calling for an operating loss of $27 million to $40 million, while analysts polled by StreetAccount anticipated a loss of $20.5 million.Adjusted EPS: -9 cents vs. -17 centsRevenue: $72.4 mln vs. $71.6 mlnThe company's previous goal of achieving non-GAAP profitability by Q4 fiscal 2024 has been postponed. While there are positive signs of subscription growth and the potential of Gen AI, top-line metrics have not seen a significant uptick. 2. $ChargePoint Holdings Inc.
      Top movers | AI, CHPT, BB plunge over 10% on revenue and loss warnings
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