C3.ai's (NYSE: AI) stock price plunged 12% on Sept. 7 after the enterprise AI software company posted its latest earnings report. For the first quarter of fiscal 2024, which ended on July 31, its revenue rose 11% year over year to $72 million and surpassed analysts' estimates by $1 million. It narrowed its adjusted net loss from $13 million to $11 million, or $0.09 per share, which exceeded the consensus forecast by $0.08 per share.

C3.ai's headline numbers cleared Wall Street's low bar, but a closer look reveals a few bright red flags. Can it overcome those challenges over the next 12 months?

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Source Fool.com