Revenue Tops Guidance. Growth
Accelerates.
Revenue Target Raised
C3.ai, Inc. (“C3 AI,” “C3,” or the “Company”) (NYSE: AI), the
Enterprise AI application software company, today announced
financial results for its fiscal third quarter ended January 31,
2024.
“We had a great quarter. Total revenue of $78.4 million grew 18%
year-over-year, exceeding our guidance range. Customer engagement
grew 80% year-over-year,” said C3 AI CEO and Chairman Thomas M.
Siebel. “Our significant first mover advantage in Enterprise AI is
generating tailwinds as market interest in adopting AI
accelerates.”
Fiscal Third Quarter 2024 Financial Highlights
- Revenue: Total revenue for the quarter was $78.4
million, an increase of 18% compared to $66.7 million one year
ago.
- Subscription Revenue: Subscription revenue for the
quarter was $70.4 million, constituting 90% of total revenue, an
increase of 23% compared to $57.0 million one year ago.
- Gross Profit: GAAP gross profit for the quarter was
$45.3 million, representing a 58% gross margin. Non-GAAP gross
profit for the quarter was $54.7 million, representing a 70%
non-GAAP gross margin.
- Net Loss per Share: GAAP net loss per share was $(0.60).
Non-GAAP net loss per share was $(0.13).
- Cash Reserves: $723.3 million in cash, cash equivalents,
and marketable securities.
- Customer Engagement: Customer Engagement for the quarter
was 445, an increase of 80% compared to 247 one year ago. 1
Business Highlights
C3 AI is leveraging its first-to-market advantage in Enterprise
AI and powerful market demand trends to drive strong business
results.
- In Q3, the Company closed 50 agreements (an increase of 85%
year-over-year) including 29 new pilots (an increase of 71%
year-over-year).
- The Company entered into new agreements with Boston Scientific,
Pantaleon, Booz Allen, Southwire, Carpenter Technology Corporation,
Florida Crystals, Santa Ana Agriculture, Cerveceria Guatemala,
AbbVie, T-Mobile, the U.S. Department of Defense, Bloom Energy,
Ball Corporation, DLA Piper, Carlisle Companies, and Holcim, among
others.
- The C3 AI State & Local Government Suite of applications
generated record bookings, leading all industries. In Q3, the
Company signed agreements with San Mateo County, Daly City, and
Riverside County in California. These bellwether deals pave the way
for significant market opportunities in counties, cities, and
municipalities throughout the U.S.
- C3 AI’s partner ecosystem continues to be productive.
Partner-supported bookings grew 337% year-over-year and 62%
quarter-over-quarter. In Q3, the Company closed 27 agreements
through its partner network, including AWS, Baker Hughes, Booz
Allen, Google Cloud, and Microsoft.
- The qualified opportunity pipeline increased by 73%
year-over-year, with C3 Generative AI opportunities exceeding
opportunities for any other product.
Business Diversification
The Company continues to diversify across industries. In Q3, our
bookings distribution by industry was:
State and Local Government
29%
Federal, Defense and Aerospace
25%
Manufacturing
16%
Agriculture
11%
Chemicals
8%
Professional Services
7%
Energy and Utilities
2%
Food Processing and Consumer Packaged
Goods
1%
Oil and Gas
1%
Customer Success
C3 AI remains the leader in AI-powered predictive maintenance
solutions, continuing to deliver significant economic value across
industries, with heavy adoption in the industrial sector.
- Holcim, a European leader in sustainable building
solutions, embarked on a production pilot with C3 AI in May 2023 to
configure and deploy the C3 AI Reliability Suite. Following a
successful six-month pilot, Holcim entered into a four-year
agreement with C3 AI to scale C3 AI Reliability across its 100+
cement plants. Holcim’s predictive maintenance program monitors a
large number of assets and will generate significant yearly
economic value in maintenance cost reduction and production
increases. Further, Holcim is implementing C3 Generative AI to
enrich C3 AI Reliability and to assist with complex equipment
troubleshooting.
C3 Generative AI continues to gain traction with organizations
that rely on technology solutions to produce accurate information
and process highly sensitive data.
- DLA Piper, a global law firm pioneering technology
innovation in the legal sector, worked with C3 AI to create a
first-of-its-kind generative AI application to streamline the
analysis of complex legal agreements. In three months, DLA Piper
has used C3 Generative AI to reduce the attorney time it takes to
create 200+ point due diligence analyses of limited partner
agreements by 80%. As a result of this application, DLA Piper is
realizing new operational efficiencies and freeing up attorneys to
focus on delivering increased client value.
State and local government agencies continue to realize benefits
with C3 AI such as improved transparency, productivity, and service
levels made possible by the C3 AI Platform.
- Law Enforcement Departments in San Mateo County have
unanimously elected to adopt C3 AI Law Enforcement to integrate
investigative data and enhance collaboration between agencies. To
support California’s efforts to reduce organized retail, cargo, and
automotive theft, the San Mateo County Sheriff’s Office and Daly
City Police Department both signed multi-agency expansion
agreements. Funded through the California Board of State and
Community Corrections Organized Retail Theft grant, this agreement
and the resulting work will unite participating police departments’
databases, with a combined 15 local police departments and 16
agencies deploying the application including Burlingame, Daly City,
the City of San Mateo, San Bruno, Atherton, Redwood City, South San
Francisco, Menlo Park, Foster City, Belmont, Pacifica, East Palo
Alto, Colma, Broadmoor, Brisbane, and others.
Federal Momentum
- C3 AI’s Federal business continues to show significant
strength, with Federal revenue up over 100% year-over-year and
bookings up 85% year-over-year.
- The Company entered into new and expansion agreements with the
U.S. Department of Defense, the U.S. Intelligence Community, the
Missile Defense Agency, and the U.S. Air Force. These agreements
included seven C3 Generative AI agreements.
- C3 AI entered into an enhanced partnership agreement with
Paradyme to increase capacity for deploying appropriately cleared
data scientists and application engineers into our classified
government installations. Since 2021, C3 AI and Paradyme have
partnered to provide AI-powered applications that deliver
predictive insights to Federal agencies. Under the new agreement,
Paradyme will significantly grow its number of dedicated C3
AI–trained staff to accelerate joint selling and delivery efforts.
In addition to the C3 AI Defense and Intelligence Suite, Paradyme
will jointly market C3 Generative AI for Defense and C3 AI Law
Enforcement.
C3 Generative AI
- The Company closed 17 C3 Generative AI pilots across a broad
range of industries, including: Federal, Defense and Aerospace;
Agriculture and Forestry; Food Processing; Manufacturing; State and
Local Government; Chemicals; Life Sciences; and others. C3
Generative AI pilots spanned the North America, EMEA, and Latin
America geographies.
- The Company converted C3 Generative AI pilots to production
with Indorama, Pantaleon, Riverside County in California, and
Groupe Atlantic, among others.
- C3 Generative AI is unique in the market, offering:
- Deterministic responses generate accurate, consistent
results by utilizing a retrieval-augmented generative architecture
that separates the enterprise knowledge base from the large
language model.
- Full traceability to ground truth with the ability to
trace back to source documents and data for every insight that is
generated.
- Minimal hallucination provides accurate answers with
embedded relevance scoring and a solution that answers “I don’t
know” when the relevance threshold is not met.
- Omni-modal data support enables users to access,
retrieve, and reason on data beyond text, including images, sensor
data, structured tabular data, and application data.
- Image and table parsing gives users the ability to
reason on tables or images within documents and handle complex
document sections for high-accuracy results.
- Ability to execute complex, multi-step workflows that
include reasoning.
- Multi-lingual support so users can engage through the
language of their choice.
- Built-in advanced mathematical tool that is
automatically invoked by C3 Generative AI.
- LLM agnostic architecture to future proof investments
and leverage the latest advancements in generative AI and deep
learning with an LLM-agnostic solution architecture.
C3 Transform 2024
C3 AI will be holding our fifth annual international user group
conference, C3 Transform, in Boca Raton from March 5–7, 2024. Over
500 customers and partners are registered to attend, including
leaders across most every sector. By bringing together C3 AI
experts and early adopters who can speak to the value of Enterprise
AI, C3 Transform gives attendees the chance to discover exactly how
they can use Enterprise AI and Generative AI securely and
effectively. The C3 Transform agenda is available as part of our
FY24-Q3 Investor Supplemental.
[1] Refer to FY23-Q4 Investor Supplemental
for more details on Customer Engagement methodology.
Financial Outlook:
The Company’s guidance includes GAAP and non-GAAP financial
measures.
The following table summarizes C3 AI’s guidance for the fourth
quarter of fiscal 2024 and full-year fiscal 2024:
(in millions)
Fourth Quarter Fiscal 2024
Guidance
Full Year Fiscal 2024
Guidance
Total revenue
$82.0 - $86.0
$306.0 - $310.0
Non-GAAP loss from operations
$(43.5) - $(51.5)
$(115.0) - $(123.0)
A reconciliation of non-GAAP guidance measures to corresponding
GAAP measures is not available on a forward-looking basis without
unreasonable effort due to the uncertainty regarding, and the
potential variability of, expenses that may be incurred in the
future. Stock-based compensation expense-related charges, including
employer payroll tax-related items on employee stock transactions,
are impacted by the timing of employee stock transactions, the
future fair market value of our common stock, and our future hiring
and retention needs, all of which are difficult to predict and
subject to constant change. We have provided a reconciliation of
GAAP to non-GAAP financial measures in the financial statement
tables for our historical non-GAAP results included in this press
release. Our fiscal year ends April 30, and numbers are rounded for
presentation purposes.
Conference Call Details
What:
C3 AI Third Quarter Fiscal 2024 Financial
Results Conference Call
When:
Wednesday, February 28, 2024
Time:
2:00 p.m. PT / 5:00 p.m. ET
Participant Registration:
https://register.vevent.com/register/BI043fc55bffbb4cfa8dff21f890170f73
(live call)
Webcast:
https://edge.media-server.com/mmc/p/4qy3odyu/ (live and replay)
Investor Presentation Details
An investor presentation providing additional information and
analysis can be found at our investor relations page at
ir.c3.ai.
Statement Regarding Use of Non-GAAP Financial
Measures
The Company reports the following non-GAAP financial measures,
which have not been prepared in accordance with generally accepted
accounting principles in the United States (“GAAP”), in addition
to, and not as a substitute for, or superior to, financial measures
calculated in accordance with GAAP.
- Non-GAAP gross profit, non-GAAP gross margin, non-GAAP loss
from operations, and non-GAAP net loss per share. Our non-GAAP
gross profit, non-GAAP gross margin, non-GAAP loss from operations,
and non-GAAP net loss per share exclude the effect of stock-based
compensation expense-related charges and employer payroll tax
expense related to employee stock-based compensation. We believe
the presentation of operating results that exclude these non-cash
items provides useful supplemental information to investors and
facilitates the analysis of our operating results and comparison of
operating results across reporting periods.
We use these non-GAAP financial measures internally for
financial and operational decision-making purposes and as a means
to evaluate period-to-period comparisons. Non-GAAP financial
measures are not meant to be considered in isolation or as a
substitute for comparable GAAP financial measures and should be
read only in conjunction with our condensed consolidated financial
statements prepared in accordance with GAAP. Our presentation of
non-GAAP financial measures may not be comparable to similar
measures used by other companies. We encourage investors to
carefully consider our results under GAAP, as well as our
supplemental non-GAAP information and the reconciliation between
these presentations, to more fully understand our business. Please
see the tables included at the end of this release for the
reconciliation of GAAP to non-GAAP financial measures.
Use of Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. All statements contained in this press release other than
statements of historical facts, including our market leadership
position, anticipated benefits from our partnerships and
investments, financial outlook, our sales and customer opportunity
pipeline, the expected benefits of our offerings (including the
potential benefits of our C3 Generative AI offerings), our business
strategies, plans, and objectives for future operations, are
forward-looking statements. The words “anticipate,” “believe,”
“continue,” “estimate,” “expect,” “intend,” “may,” “will” and
similar expressions are intended to identify forward-looking
statements. We have based these forward-looking statements largely
on our current expectations and projections about future events and
trends that we believe may affect our financial condition, results
of operations, business strategy, short-term and long-term business
operations and objectives, and financial needs. These
forward-looking statements are subject to a number of risks and
uncertainties, including difficulties in evaluating our prospects
and future results of operations given our operating history, our
dependence on a limited number of existing customers that account
for a substantial portion of our revenue, our ability to attract
new customers and retain existing customers, market awareness and
acceptance of enterprise AI solutions in general and our products
in particular, and our history of operating losses. Some of these
risks are described in greater detail in our filings with the
Securities and Exchange Commission, including our Quarterly Reports
on Form 10-Q for the fiscal quarters ended July 31, 2023, October
31, 2023 and, when available, January 31, 2024, although new and
unanticipated risks may arise. The future events and trends
discussed in this press release may not occur and actual results
could differ materially and adversely from those anticipated or
implied in the forward-looking statements. Although we believe that
the expectations reflected in the forward-looking statements are
reasonable, we cannot guarantee future results, levels of activity,
performance, achievements, or events and circumstances reflected in
the forward-looking statements will occur. Except to the extent
required by law, we do not undertake to update any of these
forward-looking statements after the date of this press release to
conform these statements to actual results or revised
expectations.
About C3.ai, Inc.
C3.ai, Inc. (NYSE:AI) is the Enterprise AI application software
company. C3 AI delivers a family of fully integrated products
including the C3 AI Platform, an end-to-end platform for
developing, deploying, and operating enterprise AI applications, C3
AI applications, a portfolio of industry-specific SaaS enterprise
AI applications that enable the digital transformation of
organizations globally, and C3 Generative AI, a suite of
domain-specific generative AI offerings for the enterprise.
C3.AI, INC.
CONDENSED CONSOLIDATED
STATEMENTS OF OPERATIONS
(In thousands, except per
share data)
(Unaudited)
Three Months Ended January
31,
Nine Months Ended January
31,
2024
2023
2024
2023
Revenue
Subscription(1)
$
70,400
$
57,043
$
198,201
$
173,577
Professional services(2)
8,001
9,626
25,791
20,808
Total revenue
78,401
66,669
223,992
194,385
Cost of revenue
Subscription
32,273
21,294
93,644
54,551
Professional services
841
977
3,399
6,878
Total cost of revenue
33,114
22,271
97,043
61,429
Gross profit
45,287
44,398
126,949
132,956
Operating expenses
Sales and marketing(3)
57,140
43,497
150,920
131,420
Research and development
49,480
55,051
150,747
160,979
General and administrative
21,213
17,888
61,317
57,770
Total operating expenses
127,833
116,436
362,984
350,169
Loss from operations
(82,546
)
(72,038
)
(236,035
)
(217,213
)
Interest income
9,995
6,987
30,597
13,749
Other income (expense), net
409
2,032
(468
)
66
Loss before provision for income taxes
(72,142
)
(63,019
)
(205,906
)
(203,398
)
Provision for income taxes
489
143
863
485
Net loss
$
(72,631
)
$
(63,162
)
$
(206,769
)
$
(203,883
)
Net loss per share attributable to Class A
and Class B common stockholders, basic and diluted
$
(0.60
)
$
(0.57
)
$
(1.75
)
$
(1.87
)
Weighted-average shares used in computing
net loss per share attributable to Class A and Class B common
stockholders, basic and diluted
120,486
110,735
118,259
108,869
(1)
Including related party revenue of $10,581
and $55,884 for the nine months ended January 31, 2024 and 2023,
respectively, and $20,316 for the three months ended January 31,
2023.
(2)
Including related party revenue of $5,804
and $8,749 for the nine months ended January 31, 2024 and 2023,
respectively, and $8,599 for the three months ended January 31,
2023.
(3)
Including related party sales and
marketing expense of $810 and $10,546 for the nine months ended
January 31, 2024 and 2023, respectively, and $3,515 for the three
months ended January 31, 2023.
C3.AI, INC.
CONDENSED CONSOLIDATED BALANCE
SHEETS
(In thousands, except for
share and per share data)
(Unaudited)
January 31, 2024
April 30, 2023
Assets
Current assets
Cash and cash equivalents
$
114,561
$
284,829
Marketable securities
608,761
446,155
Accounts receivable, net of allowance of
$359 and $359 as of January 31, 2024 and April 30, 2023,
respectively(1)
173,478
134,586
Prepaid expenses and other current
assets(2)
29,227
23,309
Total current assets
926,027
888,879
Property and equipment, net
91,003
84,578
Goodwill
625
625
Long-term investments
—
81,418
Other assets, non-current(3)
46,334
47,528
Total assets
$
1,063,989
$
1,103,028
Liabilities and stockholders’
equity
Current liabilities
Accounts payable(4)
$
19,845
$
24,610
Accrued compensation and employee
benefits
37,822
46,513
Deferred revenue, current(5)
39,121
47,846
Accrued and other current
liabilities(6)
12,391
17,070
Total current liabilities
109,179
136,039
Deferred revenue, non-current
2,183
4
Other long-term liabilities
54,632
37,320
Total liabilities
165,994
173,363
Commitments and contingencies
Stockholders’ equity
Class A common stock
118
110
Class B common stock
3
3
Additional paid-in capital
1,914,450
1,740,174
Accumulated other comprehensive income
(loss)
430
(385
)
Accumulated deficit
(1,017,006
)
(810,237
)
Total stockholders’ equity
897,995
929,665
Total liabilities and stockholders’
equity
$
1,063,989
$
1,103,028
(1)
Including amounts from a related party of
$74,620 as of April 30, 2023.
(2)
Including amounts from a related party of
$4,983 as of April 30, 2023.
(3)
Including amounts from a related party of
$11,279 as of April 30, 2023.
(4)
Including amounts due to a related party
of $2,200 as of April 30, 2023.
(5)
Including amounts from a related party of
$249 as of April 30, 2023.
(6)
Including amounts due to a related party
of $2,448 as of April 30, 2023.
C3.AI, INC.
CONDENSED CONSOLIDATED
STATEMENTS OF CASH FLOWS
(In thousands)
(Unaudited)
Nine Months Ended January
31,
2024
2023
Cash flows from operating
activities:
Net loss
$
(206,769
)
$
(203,883
)
Adjustments to reconcile net loss to net
cash used in operating activities
Depreciation and amortization
9,469
3,257
Non-cash operating lease cost
656
5,820
Stock-based compensation expense
159,032
168,474
Accretion of discounts on marketable
securities
(13,238
)
(1,990
)
Other
110
211
Changes in operating assets and
liabilities
Accounts receivable(1)
(38,892
)
(63,609
)
Prepaid expenses, other current assets and
other assets(2)
(3,379
)
(7,745
)
Accounts payable(3)
(4,945
)
(26,250
)
Accrued compensation and employee
benefits
171
1,069
Operating lease liabilities
14,330
(3,296
)
Other liabilities(4)
6,296
(4,606
)
Deferred revenue(5)
(6,546
)
(10,197
)
Net cash used in operating activities
(83,705
)
(142,745
)
Cash flows from investing
activities:
Purchases of property and equipment
(22,718
)
(59,767
)
Capitalized software development costs
(2,750
)
(1,000
)
Purchases of marketable securities
(657,431
)
(497,288
)
Maturities and sales of marketable
securities
590,299
674,440
Net cash (used in) provided by investing
activities
(92,600
)
116,385
Cash flows from financing
activities:
Proceeds from issuance of Class A common
stock under employee stock purchase plan
5,055
—
Proceeds from exercise of Class A common
stock options
11,379
2,364
Taxes paid related to net share settlement
of equity awards
(10,397
)
(4,815
)
Net cash provided by (used in) financing
activities
6,037
(2,451
)
Net decrease in cash, cash equivalents and
restricted cash
(170,268
)
(28,811
)
Cash, cash equivalents and restricted cash
at beginning of period
297,395
352,519
Cash, cash equivalents and restricted cash
at end of period
$
127,127
$
323,708
Cash and cash equivalents
$
114,561
$
311,142
Restricted cash included in other
assets
12,566
12,566
Total cash, cash equivalents and
restricted cash
$
127,127
$
323,708
Supplemental disclosure of cash flow
information—cash paid for income taxes
$
760
$
219
Supplemental disclosures of non-cash
investing and financing activities:
Purchases of property and equipment
included in accounts payable and accrued liabilities
$
2,475
$
12,618
Right-of-use assets obtained in exchange
for lease obligations (including remeasurement of right-of-use
assets and lease liabilities due to changes in the timing of
receipt of lease incentives)
$
1,858
$
2,033
Unpaid liabilities related to intangible
purchases
$
—
$
1,500
Vesting of early exercised stock
options
$
406
$
842
(1)
Including changes in related party
balances of $12,444 and $46,295 for the nine months ended January
31, 2024 and 2023, respectively.
(2)
Including changes in related party
balances of $(810) and $(3,525) for the nine months ended January
31, 2024 and 2023, respectively.
(3)
Including changes in related party
balances of $248 and $(18,549) for the nine months ended January
31, 2024 and 2023, respectively.
(4)
Including changes in related party
balances of $(2,448) and $(2,510) for the nine months ended January
31, 2024 and 2023, respectively.
(5)
Including changes in related party
balances of $(46) and $186 for the nine months ended January 31,
2024 and 2023, respectively.
C3.AI, INC.
RECONCILIATION OF GAAP TO
NON-GAAP FINANCIAL MEASURES
(In thousands, except
percentages)
(Unaudited)
Three Months Ended January
31,
Nine Months Ended January
31,
2024
2023
2024
2023
Reconciliation of GAAP gross profit to
non-GAAP gross profit:
Gross profit on a GAAP basis
$
45,287
$
44,398
$
126,949
$
132,956
Stock-based compensation expense (1)
8,983
6,357
26,492
17,665
Employer payroll tax expense related to
employee stock-based compensation (2)
405
201
1,243
773
Gross profit on a non-GAAP basis
$
54,675
$
50,956
$
154,684
$
151,394
Gross margin on a GAAP basis
58
%
67
%
57
%
68
%
Gross margin on a non-GAAP basis
70
%
76
%
69
%
78
%
Reconciliation of GAAP loss from
operations to non-GAAP loss from operations:
Loss from operations on a GAAP basis
$
(82,546
)
$
(72,038
)
$
(236,035
)
$
(217,213
)
Stock-based compensation expense (1)
54,983
55,831
159,032
168,474
Employer payroll tax expense related to
employee stock-based compensation (2)
1,773
1,175
5,547
4,208
Loss from operations on a non-GAAP
basis
$
(25,790
)
$
(15,032
)
$
(71,456
)
$
(44,531
)
Reconciliation of GAAP net loss per
share to non-GAAP net loss per share:
Net loss on a GAAP basis
$
(72,631
)
$
(63,162
)
$
(206,769
)
$
(203,883
)
Stock-based compensation expense (1)
54,983
55,831
159,032
168,474
Employer payroll tax expense related to
employee stock-based compensation (2)
1,773
1,175
5,547
4,208
Net loss on a non-GAAP basis
$
(15,875
)
$
(6,156
)
$
(42,190
)
$
(31,201
)
GAAP net loss per share attributable to
Class A and Class B common shareholders, basic and diluted
$
(0.60
)
$
(0.57
)
$
(1.75
)
$
(1.87
)
Non-GAAP net loss per share attributable
to Class A and Class B common shareholders, basic and diluted
$
(0.13
)
$
(0.06
)
$
(0.36
)
$
(0.29
)
Weighted-average shares used in computing
net loss per share attributable to Class A and Class B common
stockholders, basic and diluted
120,486
110,735
118,259
108,869
(1)
Stock-based compensation expense for gross
profits and gross margin includes costs of subscription and cost of
professional services as follows. Stock-based compensation expense
for loss from operations includes total stock-based compensation
expense as follows:
Three Months Ended January
31,
Nine Months Ended January
31,
2024
2023
2024
2023
Cost of subscription
$
8,674
$
5,996
$
25,244
$
15,754
Cost of professional services
309
361
1,248
1,911
Sales and marketing
17,528
18,316
52,533
54,175
Research and development
18,757
23,646
52,475
72,768
General and administrative
9,715
7,512
27,532
23,866
Total stock-based compensation expense
$
54,983
$
55,831
$
159,032
$
168,474
(2)
Employer payroll tax expense related to
employee stock-based compensation for gross profits and gross
margin includes costs of subscription and cost of professional
services as follows. Employer payroll tax expense related to
employee stock-based compensation for loss from operations includes
total employer payroll tax expense related to employee stock-based
compensation as follows:
Three Months Ended January
31,
Nine Months Ended January
31,
2024
2023
2024
2023
Cost of subscription
$
392
$
190
$
1,183
$
646
Cost of professional services
13
11
60
127
Sales and marketing
496
277
1,964
1,163
Research and development
738
618
1,970
1,947
General and administrative
134
79
370
325
Total employer payroll tax expense
$
1,773
$
1,175
$
5,547
$
4,208
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240228457783/en/
Investor Contact ir@c3.ai
C3 AI Public Relations Edelman Lisa Kennedy (415)
914-8336 pr@c3.ai
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