C3.ai, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended January 31, 2024
February 28, 2024 at 04:05 pm EST
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C3.ai, Inc. reported earnings results for the third quarter and nine months ended January 31, 2024. For the third quarter, the company reported revenue was USD 78.4 million compared to USD 66.67 million a year ago. Net loss was USD 72.63 million compared to USD 63.16 million a year ago. Basic loss per share from continuing operations was USD 0.6 compared to USD 0.57 a year ago.
For the nine months, revenue was USD 223.99 million compared to USD 194.39 million a year ago. Net loss was USD 206.77 million compared to USD 203.88 million a year ago. Basic loss per share from continuing operations was USD 1.75 compared to USD 1.87 a year ago.
C3.ai, Inc. is an enterprise artificial intelligence (AI) software company. The Company has developed a software applications that enables its customers to develop, deploy, and operate large-scale Enterprise AI applications across various infrastructure. It provides five families of software solutions: C3 AI Application Platform, C3 AI Applications, C3 AI Ex Machina, C3 AI CRM and C3 AI Data Vision. The C3 AI Application Platform is an application development platform, designed to allow its customers to design, develop, and deploy enterprise AI applications of any type. Its C3 AI Applications, built using the C3 AI Application Platform, include a family of industry-specific and application-specific AI solutions, ready for installation and deployment. Its C3 AI Ex Machina is a no-code solution that provides access to analysis-ready data and enables business analysts without data science training to perform data science tasks, such as building, configuring, and training AI models.
C3.AI, INC. 
