Earnings call briefFiscal first-quarter 2027
C3.ai says restructuring savings are approximately $135 million annualized
C3.ai expects a non-GAAP loss from operations of $123 million to $155 million in fiscal 2027 and $34.5 million to $42.5 million in the fiscal second quarter.
GetSignal C3.ai AI
Chief Financial Officer Hitesh Lath said on the call that the restructuring is almost complete, with annualized cost savings of approximately $135 million. C3.ai said it expects non-GAAP gross margin to moderate to the mid-40s next quarter as it makes selective investments in a forward-deployed engineering organization. It also expects free cash flow for the rest of fiscal 2027 to broadly align with its non-GAAP loss from operations guidance.
Quotes from the call
“Our restructuring is almost complete, and we have been able to achieve annualized cost savings of approximately $135 million across our business.”
Key facts from the call
- Expected fiscal 2027 non-GAAP loss from operations
- $123 million to $155 million
- Expected fiscal second-quarter non-GAAP loss from operations
- $34.5 million to $42.5 million
- Expected fiscal second-quarter non-GAAP gross margin
- Moderate to mid-40s
- Annualized cost savings from restructuring
- Approximately $135 million
Source: C3.ai's fiscal first-quarter 2027 earnings call, September 2, 2026.
Written by GetSignal with AI from the company's earnings call.
Not investment advice.
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