secwatch.observer — SEC 8-K summary
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Issuer:     C3.ai, Inc. (AI)
CIK:        0001577526
Form:       8-K
Filed at:   2024-02-28T23:59:59+00:00
Accession:  0001628280-24-007584
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

C3.ai reports Q3 FY2024 revenue $78.4M, up 18% YoY; raises revenue target
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- Revenue $78.4M, exceeding guidance; subscription revenue $70.4M, up 23% YoY.
- GAAP net loss per share $(0.60); non-GAAP net loss per share $(0.13).
- Customer engagement 445, up 80% YoY; closed 50 agreements (85% YoY increase).
- Cash reserves $723.3M; raised revenue target for FY2024.
- Federal revenue up over 100% YoY; partner-supported bookings grew 337% YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1577526/000162828024007584/0001628280-24-007584-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1577526/000162828024007584/ai-20240228.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-007584

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