BUZZ-C3 AI falls as <a href="https://laohu8.com/S/QTWO">Q2</a> loss widens ** Shares of enterprise artificial intelligence software provider C3 AI AI.N down 1.4% at $14.8 premarket
** Co reports Q2 adjusted net loss of $34.8 mln, or $0.25/shr, on December 3, versus $7.8 mln, or $0.06/shr, a year earlier
** "We have crafted a detailed execution plan ... I believe the execution of this plan will facilitate our return to growth and provide a clear pathway to cash generation and non-GAAP profitability," CEO Stephen Ehikian says
** Revenue rose 7% QoQ to $75.1 mln, helped by strong federal bookings and partner activity
** Co's stock down 56.4% YTD, as of last close
(Reporting by Tharuniyaa Lakshmi in Bengaluru)
((tharuniyaa@thomsonreuters.com))
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