secwatch.observer — SEC 8-K summary
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Issuer:     C3.ai, Inc. (AI)
CIK:        0001577526
Form:       8-K
Filed at:   2024-05-29T23:59:59+00:00
Accession:  0001628280-24-025609
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

C3.ai Q4 rev $86.6M (+20% YoY); guides FY25 ~23% growth; sues Enel for €2.1B
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- Fiscal Q4 revenue $86.6M (+20% YoY); subscription revenue $79.9M (+41% YoY).
- GAAP net loss per share $(0.59); Non-GAAP loss per share $(0.11); positive FCF $18.8M.
- FY24 revenue $310.6M (+16% YoY); federal revenue more than doubled; FY25 growth guidance ~23%.
- Filed lawsuit in Rome against Enel for misappropriation of trade secrets, seeking €2.1B damages.
- Closed 191 agreements in FY24 (+52% YoY); 123 pilots (+151%); partner bookings up 76%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1577526/000162828024025609/0001628280-24-025609-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1577526/000162828024025609/ai-20240529.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-025609

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