secwatch.observer — SEC 8-K summary
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Issuer:     C3.ai, Inc. (AI)
CIK:        0001577526
Form:       8-K
Filed at:   2022-03-02T23:59:59+00:00
Accession:  0001628280-22-004683
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 Q3 revenue $69.8M (+42% YoY), raises FY22 guidance to $252M; CFO change
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- Revenue $69.8M (+42% YoY); GAAP EPS -$0.38, Non-GAAP -$0.07 (vs. -$0.21 and -$0.13 prior year).
- FY22 revenue guidance raised to $252.0M, representing 38% growth over FY21.
- GAAP RPO increased 90% to $469.3M; subscription revenue $57.1M (+34% YoY).
- CFO Adeel Manzoor resigned eff. Feb 28; replaced by Juho Parkkinen (base $375k, 50% bonus, 120k RSUs + 170k options).
- Customer wins: Shell expansion, DoD $500M agreement, LyondellBasell, Cargill; $1.02B cash.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1577526/000162828022004683/0001628280-22-004683-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1577526/000162828022004683/ai-20220225.htm
  HTML page:      https://secwatch.observer/filing/0001628280-22-004683

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