C3.ai Beats Revenue Estimates, Names New CFO as CEO Siebel Touts AI Potential on Yahoo Finance Live
• C3.ai's revenue increased 18% to $78.4 million, beating estimates
• The company recently named Hitesh Lath as new CFO, the 10th person in the role in a decade
• CEO Tom Siebel discussed the company's performance on Yahoo Finance Live
• Siebel said federal demand is high but there is traction from other industries like CPG, financial services, etc.
• Siebel stated AI is a "genuine big deal" that can deliver higher quality products at lower costs across the economy