C3 AI shares decreases by 26 % with a “fully unacceptable” sales executive.

Foundation shares artificial intelligence a company C3 AI It closed nearly 26 % on Monday after it announced the initial Financial results and Restructuring From the World Sales and Services Organization.

C3 AI said on Friday that he expects to report revenues between $ 70.2 million and $ 70.4 million for the first quarter of 2026, although these numbers are not required, on initial estimates. Company I mentioned 87.2 million dollars in revenue during the same period in the previous year.

“The results of sales during the quarter were” completely unacceptable. ” He attributed the performance to the “sabotage influence” of reorganization, as well as its ongoing health problems.

The company expects to report a loss from the principles of accounting generally generally from the operations for a quarter of 124.7 million dollars and 124.9 million dollars, which is a much wider loss than last year, when C3 AI lost 72.59 million dollars.

“Unfortunately, dealing with these health issues prevented me from participating in the sales process in an active amount as I did in the past,” Sebel said in a statement. “With the use of late perception, it is now clear that my active participation in the sales process may have a greater impact than I thought previously.”

Sibel Declare In July, he was diagnosed with autoimmune disease earlier this year, which led to “great visual weakness”. The C3 AI and Sieber Board of Directors started searching for the next CEO of the company.

C3 AI said that its sales and services are complete, and Sibel said his health was “greatly improved” except for his poor vision. He said he feels the power and full participation, and will work to determine the candidates, the “excellent” executive director.

“I am confident that the company is in a positioning position to go forward,” Sibel said.

The company is scheduled to make a collective call for the results of the first quarter on September 3 at 5 pm East time.