C3 AI reports Q4 EPS (12c) , consensus (25c)

Reports Q4 revenue $98.8M, consensus $98.1M. “In the third quarter, C3 AI (AI) achieved significant milestones – expanding our global distribution network, advancing our leadership in agentic and generative AI, and delivering total revenue reaching $98.8 million, up 26% year-over-year,” said Thomas M. Siebel, Chairman and CEO, C3 AI. “We believe C3 AI is broadly credited with inventing Enterprise AI. We invented the model-driven agentic Enterprise AI platform. The operative law as it relates to patent law is first to file, and we filed our initial patent on December 16, 2022, and yes, the U.S. Patent for agentic generative AI was awarded to C3 AI. We have the technology, the management team, and the global partner ecosystem – through our dramatically expanded strategic partnerships with Microsoft, AWS, and McKinsey QuantumBlack – we believe we have all the elements in place to indelibly change the face of Enterprise AI.”