Shares of C3.ai (NYSE: AI) were jumping after the software-as-a-service (SaaS) platform for artificial intelligence posted better-than-expected preliminary results for its fiscal fourth quarter. C3.ai said it exceeded its fourth-quarter guidance, with expected revenue of $72.1 million to $72.4 million, which is better than its forecast of $70 million to $72 million in revenue. C3.ai also reported a generally accepted accounting principles (GAAP) loss of $75.9 million to $77.1 million and adjusted operating loss of $23.7 million to $23.9 million, which was ahead of its guidance at $24 million to $28 million.
The FAs
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