C3.ai Shares Jump 3% After-Hours as Founder Injects $69M, CEO Return
AI•Founder Thomas M. Siebel has resumed the CEO role and injected $69M by purchasing 6.17 million shares at $11.16 each, lifting C3.ai’s cash balance to $673M. The company posted fiscal Q4 revenue of $51.6M—beating estimates despite a >50% year-over-year decline—and guided Q1 at $50M–$54M.
1. Founder Returns as CEO and Injects Capital
Founder and chairman Thomas M. Siebel has resumed the CEO role and purchased 6.17 million shares at $11.16 each, injecting $69M and raising the company’s cash, cash equivalents, and marketable securities to $673M as of June 3.
2. Q4 Financial Results
C3.ai reported fiscal fourth-quarter revenue of $51.6M, surpassing the $50.23M consensus but down more than 50% year-over-year; adjusted net loss was $0.33 per share versus an expected $0.37 loss, and its $135M annualized cost-saving restructuring is substantially complete.
3. Fiscal 2027 Guidance
The company projects fiscal first-quarter revenue between $50M and $54M and full-year revenue of $210M to $240M, compared with analyst expectations of $51.72M and $224.66M respectively, signaling continued pressure on top-line growth.
4. Market Reaction and Outlook
Shares rose about 3% in after-hours trading following the announcement, driven by investor optimism around Siebel’s leadership return and the capital injection, while retail sentiment remains extremely bullish despite low message volume on social platforms.
