secwatch.observer — SEC 8-K summary
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Issuer:     C3.ai, Inc. (AI)
CIK:        0001577526
Form:       8-K
Filed at:   2024-12-09T23:59:59+00:00
Accession:  0001628280-24-050446
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

C3.ai Q2 revenue up 29% YoY to $94.3M; raises FY2025 guidance; Microsoft Azure alliance
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- Revenue of $94.3M, +29% YoY; subscription revenue $81.2M (+22%), 86% of total revenue.
- GAAP net loss per share $(0.52); non-GAAP net loss per share $(0.06); cash $730.4M.
- Microsoft Azure strategic alliance signed Sep 30; C3 AI solutions available on Azure marketplace and sellable by Azure global sales.
- FY2025 guidance raised (specific numbers not included in this excerpt).
- Closed 58 agreements (36 pilots); expansions with ExxonMobil, Dow, Shell, DoD, U.S. Army, and others.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1577526/000162828024050446/0001628280-24-050446-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1577526/000162828024050446/ai-20241209.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-050446

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