earnings
confidence high
sentiment positive
materiality 0.78
C3 AI preliminary Q4 revenue $72.1-72.4M exceeds guidance; positive free cash flow $18-19.4M
C3.ai, Inc.
2024-FY EPS reported
-$2.45
revenue$266,795,000
- Total revenue $72.1-72.4M vs guidance $70-72M; full year revenue $266.5-266.8M.
- Non-GAAP loss from ops ($23.7)-($23.9)M, better than guidance ($24)-($28)M.
- Free cash flow positive $18-19.4M; net cash from ops $28.1-29.5M.
- Closed 43 deals in quarter including 19 pilots; sales pipeline opportunities up >100% YoY.
- Signed 3 C3 Generative AI agreements; goal for non-GAAP profitability by end of FY2024.