C3.ai: Q4 Earnings Insights

C3.ai (NYSE:AI) reported its Q4 earnings results on Wednesday, May 31, 2023 at 04:57 PM. Here’s what investors…

C3.ai (NYSE:AI) reported its Q4 earnings results on Wednesday, May 31, 2023 at 04:57 PM.

Here’s what investors need to know about the announcement.

Earnings

C3.ai beat estimated earnings by 23.53%, reporting an EPS of $-0.13 versus an estimate of $-0.17.

Revenue was up $93 thousand from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.16 which was followed by a 33.65% increase in the share price the next day.

Here’s a look at C3.ai’s past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate -0.22 -0.16 -0.24 -0.29
EPS Actual -0.06 -0.11 -0.12 -0.21
Revenue Estimate 64.25M 60.86M 66.02M 71.28M
Revenue Actual 66.67M 62.41M 65.31M 72.32M

To track all earnings releases for C3.ai visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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