C3.ai (AI) pops 15% on a 'clean' Q3 report; analyst says valuation still unattractive

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Go back to C3.ai (AI) pops 15% on a 'clean' Q3 report; analyst says valuation still unattractive

 C3 AI Announces Third Quarter Fiscal 2024 Financial Results

February 28, 2024 4:05 PM EST

Revenue Tops Guidance. Growth Accelerates.

Revenue Target Raised

REDWOOD CITY, Calif.--(BUSINESS WIRE)-- 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%... More