secwatch.observer — SEC 8-K summary
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Issuer:     C3.ai, Inc. (AI)
CIK:        0001577526
Form:       8-K
Filed at:   2023-05-31T23:59:59+00:00
Accession:  0001628280-23-020351
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

C3.ai Q4 FY23: Revenue $72.4M, GAAP loss $(0.58)/share; FY23 revenue $266.8M (+5.6%)
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- Q4 FY23 revenue $72.4M; FY23 revenue $266.8M (+5.6% YoY).
- Q4 GAAP net loss $(0.58)/share; positive free cash flow $16.3M.
- FY23 subscription revenue $230.4M (+11.4% YoY), 86% of total revenue.
- Closed 126 agreements in FY23 (83 prior year); average sales cycle 3.7 months (down from 5 months).
- Launched C3 Generative AI; closed three deals; USAF selected C3 as System of Record for AI predictive maintenance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1577526/000162828023020351/0001628280-23-020351-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1577526/000162828023020351/ai-20230531.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-020351

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