home · filing · 0001628280-23-006047
8-K filed March 2, 2023, 6:59 PM ET
ticker AI
CIK 0001577526
earnings
confidence high
sentiment positive
materiality 0.70
C3.ai Q3 FY2023 revenue $66.7M beats guidance; board adds Bloom Energy CEO KR Sridhar
C3.ai, Inc.
2023-Q3 EPS reported
-$1.87
revenue $194,385,000
Revenue $66.7M exceeded guidance of $63-65M; subscription revenue $57.0M (85.6% of total).
GAAP net loss per share $(0.57); non-GAAP net loss per share $(0.06); cash $789.8M.
GAAP RPO $403.2M; current RPO $176.3M, up 7% QoQ.
Board changes: Patricia House and Shankar Sastry resigned; KR Sridhar (Bloom Energy CEO) elected, receives $900K options.
Company reiterates path to cash positive and non-GAAP profitable by end of FY24.
Executive movements
Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements .
Departed
S. Shankar Sastry
Director
Effective 2023-02-27
Filed March 2, 2023, 6:59 PM ET
On February 27, 2023, S. Shankar Sastry resigned from the Board.
Appointed
K.R. Sridhar
Director
Effective 2023-02-28
Filed March 2, 2023, 6:59 PM ET
On February 28, 2023, the Board elected K.R. Sridhar to the Board, effective immediately.
Departed
Patricia A. House
Director
Effective 2023-02-24
Filed March 2, 2023, 6:59 PM ET
On February 24, 2023, Patricia A. House resigned from the he board of directors (the “ Board ”) of C3.ai, Inc. (the “ Company ”)
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
C3.ai, Inc. reported fiscal third quarter ended January 31, 2023 results: revenue $66.7 million, EPS $(0.57).
Period fiscal third quarter ended January 31, 2023
Revenue $66.7 million
EPS $(0.57)
Result reported results
Exact text from the filing
C3 AI Announces Fiscal Third Quarter 2023 Financial Results Revenue $66.7 million. Exceeded guidance.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
S. Shankar Sastry resigned as Director at C3.ai, Inc..
Action resigned
Role Director
Exact text from the filing
On February 27, 2023, S. Shankar Sastry resigned from the Board.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
K.R. Sridhar was elected as Director at C3.ai, Inc..
Action elected
Role Director
Exact text from the filing
On February 28, 2023, the Board elected K.R. Sridhar to the Board, effective immediately.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Patricia A. House resigned as Director at C3.ai, Inc..
Action resigned
Role Director
Exact text from the filing
On February 24, 2023, Patricia A. House resigned from the he board of directors (the “ Board ”) of C3.ai, Inc. (the “ Company ”)
View on SEC.gov
Source: SEC EDGAR
accession 0001628280-23-006047
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