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C3.ai | 10-Q: Quarterly report

C3.ai | 10-Q:季度报表

SEC announcement ·  02/29 14:17
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C3.ai, an enterprise AI application software company, reported a total revenue of $78.4 million for the three months ended January 31, 2024, marking an 18% increase compared to the same period last year. The nine-month revenue also rose by 15% to $224.0 million. Subscription revenue, which constitutes the majority of total revenue, grew by 23% for the quarter and 14% for the nine-month period. The company's transition to a consumption-based pricing model aligns with industry standards and is expected to attract more customers and increase system usage over time. Despite the positive revenue growth, C3.ai experienced a net loss of $72.6 million for the quarter and $206.8 million for the nine-month period. The company's go-to-market strategy focuses on large organizations and expanding...Show More
C3.ai, an enterprise AI application software company, reported a total revenue of $78.4 million for the three months ended January 31, 2024, marking an 18% increase compared to the same period last year. The nine-month revenue also rose by 15% to $224.0 million. Subscription revenue, which constitutes the majority of total revenue, grew by 23% for the quarter and 14% for the nine-month period. The company's transition to a consumption-based pricing model aligns with industry standards and is expected to attract more customers and increase system usage over time. Despite the positive revenue growth, C3.ai experienced a net loss of $72.6 million for the quarter and $206.8 million for the nine-month period. The company's go-to-market strategy focuses on large organizations and expanding into new industries. C3.ai's product offerings have grown to over 40 AI production applications across various sectors. The company continues to invest in generative AI, expecting to enhance its offerings and address the evolving enterprise AI market. C3.ai's international revenue accounted for 14-17% of total revenue, indicating a global market presence. The company's financial condition remains strong with $114.6 million in cash and cash equivalents and $608.8 million in marketable securities as of January 31, 2024.
企业人工智能应用软件公司 C3.ai 报告称,截至2024年1月31日的三个月,总收入为7,840万美元,与去年同期相比增长了18%。九个月的收入也增长了15%,达到2.24亿美元。占总收入大部分的订阅收入在本季度增长了23%,九个月内增长了14%。该公司向基于消费的定价模式的过渡符合行业标准,随着时间的推移,预计将吸引更多客户并增加系统使用量。尽管收入正增长,但 C3.ai 本季度净亏损7,260万美元,九个月净亏损2.068亿美元。该公司的市场进入战略侧重于大型组织并向新行业扩张。C3.ai 的产品已发展到跨越各个领域的 40 多个 AI 生产应用程序。该公司继续投资生成式人工智能,预计将增强其产品并应对不断变化的企业人工智能市场。C3.ai 的国际收入占总收入的14-17%,表明其全球市场占有率。该公司的财务状况仍然强劲,截至2024年1月31日,现金及现金等价物为1.146亿美元,有价证券为6.088亿美元。
企业人工智能应用软件公司 C3.ai 报告称,截至2024年1月31日的三个月,总收入为7,840万美元,与去年同期相比增长了18%。九个月的收入也增长了15%,达到2.24亿美元。占总收入大部分的订阅收入在本季度增长了23%,九个月内增长了14%。该公司向基于消费的定价模式的过渡符合行业标准,随着时间的推移,预计将吸引更多客户并增加系统使用量。尽管收入正增长,但 C3.ai 本季度净亏损7,260万美元,九个月净亏损2.068亿美元。该公司的市场进入战略侧重于大型组织并向新行业扩张。C3.ai 的产品已发展到跨越各个领域的 40 多个 AI 生产应用程序。该公司继续投资生成式人工智能,预计将增强其产品并应对不断变化的企业人工智能市场。C3.ai 的国际收入占总收入的14-17%,表明其全球市场占有率。该公司的财务状况仍然强劲,截至2024年1月31日,现金及现金等价物为1.146亿美元,有价证券为6.088亿美元。
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