C3.ai Stock Rallies After Q2 Results, 'Seventh Consecutive Quarter Of Accelerating Revenue Growth'

Quick Summary:

Quarterly revenue clocked in at $94.34 million, which beat the consensus estimate of $91.02 million and is an increase over sales of $73.23 million from the same period last year.

Subscription revenue for the quarter was $81.2 million, constituting 86% of total revenue, an increase of 22% compared to $66.4 million one year ago.

Here's a look at the key figures from the quarter. 

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Author / Journalist: Erica Kollmann

Category: Technology

Markets: United States

Topics: US0413562051 Tech Artificial intelligence Movers AI After-Hours Center Benzinga Why it's moving Earnings News

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Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-09 @ 21:24:51 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 311 words

Reading Time: 2 minutes read

Sentences: 9 lines

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Copyright Owner: © Benzinga

News ID: 24298349

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