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C3.ai | 8-K: C3 AI Announces Fiscal Fourth Quarter and Full Fiscal Year 2024 Financial Results

C3.ai | 8-K: C3 AI Announces Fiscal Fourth Quarter and Full Fiscal Year 2024 Financial Results

C3.ai | 8-K:C3 AI公佈第四財季和2024財年全年財務業績
美股SEC公告 ·  05/30 04:15

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On May 29, 2024, C3.ai, Inc. reported its financial results for the fiscal fourth quarter and the full fiscal year ended April 30, 2024. The company announced a 20% year-over-year increase in fourth-quarter revenue to $86.6 million and a 16% increase in full-year revenue to $310.6 million, both surpassing guidance expectations. Subscription revenue for the quarter grew by 41% to $79.9 million, representing 92% of total revenue. The company also reported a GAAP net loss per share of $(0.59) and a non-GAAP net loss per share of $(0.11). C3.ai's cash reserves stood at $750.4 million, with positive free cash flow of $18.8 million for the quarter. Additionally, C3.ai filed a lawsuit against Enel Global Services S.r.l. for misappropriation of trade secrets and breach of contract, seeking €2.1 billion in damages. The company does not plan to provide regular updates on the legal action due to the unpredictable nature of legal proceedings.
On May 29, 2024, C3.ai, Inc. reported its financial results for the fiscal fourth quarter and the full fiscal year ended April 30, 2024. The company announced a 20% year-over-year increase in fourth-quarter revenue to $86.6 million and a 16% increase in full-year revenue to $310.6 million, both surpassing guidance expectations. Subscription revenue for the quarter grew by 41% to $79.9 million, representing 92% of total revenue. The company also reported a GAAP net loss per share of $(0.59) and a non-GAAP net loss per share of $(0.11). C3.ai's cash reserves stood at $750.4 million, with positive free cash flow of $18.8 million for the quarter. Additionally, C3.ai filed a lawsuit against Enel Global Services S.r.l. for misappropriation of trade secrets and breach of contract, seeking €2.1 billion in damages. The company does not plan to provide regular updates on the legal action due to the unpredictable nature of legal proceedings.
2024年5月29日,C3.ai, Inc.公佈了第四財季和截至2024年4月30日的整個財年的財務業績。該公司宣佈第四季度收入同比增長20%,達到8,660萬美元,全年收入增長16%,至3.106億美元,均超出預期的預期。該季度的訂閱收入增長了41%,達到7,990萬美元,佔總收入的92%。該公司還報告稱,公認會計准則每股淨虧損爲0.59美元,非公認會計准則每股淨虧損爲0.11美元。C3.ai 的現金儲備爲7.504億美元,本季度正自由現金流爲1,880萬美元。此外,C3.ai 以盜用商業祕密和違反合同爲由對Enel Global Services S.r.l提起訴訟,要求賠償21億歐元。由於法律訴訟的不可預測性,該公司不打算定期提供有關法律訴訟的最新情況。
2024年5月29日,C3.ai, Inc.公佈了第四財季和截至2024年4月30日的整個財年的財務業績。該公司宣佈第四季度收入同比增長20%,達到8,660萬美元,全年收入增長16%,至3.106億美元,均超出預期的預期。該季度的訂閱收入增長了41%,達到7,990萬美元,佔總收入的92%。該公司還報告稱,公認會計准則每股淨虧損爲0.59美元,非公認會計准則每股淨虧損爲0.11美元。C3.ai 的現金儲備爲7.504億美元,本季度正自由現金流爲1,880萬美元。此外,C3.ai 以盜用商業祕密和違反合同爲由對Enel Global Services S.r.l提起訴訟,要求賠償21億歐元。由於法律訴訟的不可預測性,該公司不打算定期提供有關法律訴訟的最新情況。
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