C3.AI Shares Jump After Better-Than-Expected Fiscal Q3 Results
• C3.AI shares jumped over 14% after hours as fiscal Q3 results beat expectations • Revenue grew 18% to $78.4M, topping guidance of $74M-$78M • Subscription revenue rose 23% to $70.4M • Adjusted operating loss of $25M was narrower than expected • Q4 revenue guidance midpoint of $84M roughly in line with expectations