C3 AI Announces Third Quarter Fiscal 2021 Results
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C3.ai (AI) Misses Q3 EPS by 7c, Revenues Beat; Offers 4Q & FY21 Revenues Guidance Above Consensus
March 1, 2021 4:42 PM ESTC3.ai (NYSE: AI) reported Q3 EPS of ($0.23), $0.07 worse than the analyst estimate of ($0.16). Revenue for the quarter came in at $49.11 million versus the consensus estimate of $47.28 million.
Third Quarter Financial Highlights
Revenue: Total revenue for the quarter was $49.1 million, up from $41.3 million one year ago, an increase of 19% year over year.Subscription revenue: Subscription revenue for the quarter was $42.7 million, up from $34.6 million one year ago, an... More