https://seekingalpha.com/news/3776190-c3ai-eps-beats-by-006-beats-on-revenue?utm_source=advfn.com&utm_medium=referral
Dec. 01, 2021 4:25 PM ETC3.ai, Inc. (AI)By: Manshi Mamtora, CFA9 Comments
C3.ai (NYSE:AI): Q2 Non-GAAP EPS of -$0.23 beats by $0.06; GAAP EPS of -$0.55 misses by $0.14.
Revenue of $58.3M (+41.2% Y/Y) beats by $1.35M.
Shares +0.86%.
Press Release
Subscription Revenue: Subscription revenue for the quarter was $47.4 million, up from $35.9 million one year ago, an increase of 32% year over year.
Gross Profit: GAAP Gross profit for the quarter was $42.3 million, up from $31.3 million one year ago. Non-GAAP gross profit for the quarter was $45.3 million, up from $31.5 million one year ago.
Guidance FQ3: Total revenue $66M - $68M (vs. consensus $65.64M); Non-GAAP loss from operations $26M- $30.0M
Guidance FY 2022: Total revenue $248M - $251M (vs. consensus $246.05M); Non-GAAP loss from operations $100M- $108M
Read: C3.ai, Inc. (AI) CEO Tom Siebel on Q2 2022 Results - Earnings Call Transcript
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