secwatch.observer — SEC 8-K summary
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Issuer:     C3.ai, Inc. (AI)
CIK:        0001577526
Form:       8-K
Filed at:   2023-03-02T23:59:59+00:00
Accession:  0001628280-23-006047
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01, 5.02
LLM model:  deepseek-v4-flash:cloud@v2

C3.ai Q3 FY2023 revenue $66.7M beats guidance; board adds Bloom Energy CEO KR Sridhar
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1577526/000162828023006047/0001628280-23-006047-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1577526/000162828023006047/ai-20230224.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-006047

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