Loading...
•
Apr 30, 2023
C3.ai Q4 2023 Earnings Report
C3.ai announced financial results for the fiscal fourth quarter and full fiscal year ended April 30, 2023.
Key Takeaways
C3.ai's total revenue for the quarter was $72.4 million, with subscription revenue constituting 79% of the total. The company achieved a GAAP gross profit of $47.5 million and positive free cash flow of $16.3 million.
Total revenue for the quarter was $72.4 million.
Subscription revenue for the quarter was $56.9 million, constituting 79% of revenue.
GAAP gross profit for the quarter was $47.5 million, representing a 66% gross margin.
Positive free cash flow was $16.3 million.
Revenue by Segment
Forward Guidance
The Company’s guidance includes GAAP and non-GAAP financial measures. Total revenue for the first quarter of fiscal 2024 is expected to be $70.0 - $72.5 million. Full year fiscal 2024 revenue is expected to be $295.0 - $320.0 million. Non-GAAP loss from operations for the first quarter of fiscal 2024 is expected to be ($25.0) - ($30.0) million. Full year fiscal 2024 non-GAAP loss from operations is expected to be ($50.0) - ($75.0) million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...