secwatch.observer — SEC 8-K summary
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Issuer:     C3.ai, Inc. (AI)
CIK:        0001577526
Form:       8-K
Filed at:   2021-12-01T23:59:59+00:00
Accession:  0001628280-21-024308
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01, 5.02
LLM model:  deepseek-v4-flash:cloud@v2

C3 AI Q2 FY22 revenue $58.3M (+41% YoY), raises FY22 revenue growth guidance to 35-37%
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- Q2 revenue $58.3M (+41% YoY), above guidance; GAAP net loss per share $(0.55) vs $(0.39) YoY.
- Non-GAAP net loss per share $(0.23) vs $(0.26) YoY; Non-GAAP gross profit $45.3M, beat consensus by $1.6M.
- FY22 revenue growth guidance raised to 35-37% from 17% in FY21; Baker Hughes contract expanded by $45M to $495M.
- CFO David Barter resigned; Adeel Manzoor appointed CFO effective Dec 3, 2021, with base salary $450K and equity awards.
- Customer count grew to 104 (+63% YoY); production deployments expanded to 14 industries from 7 a year ago.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1577526/000162828021024308/0001628280-21-024308-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1577526/000162828021024308/ai-20211127.htm
  HTML page:      https://secwatch.observer/filing/0001628280-21-024308

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer