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C3 AI Announces First Quarter Fiscal 2022 Results

September 1, 2021 4:15 PM EDT

First Quarter Revenue of $52.4 million, increased 29% year over year

REDWOOD CITY, Calif.--(BUSINESS WIRE)-- C3.ai, Inc. (NYSE: AI), the Enterprise AI software company, today announced results for its fiscal first quarter ended July 31, 2021.

We began our fiscal year 2022 with strong results in the first quarter, including year-over-year increases of 29% in revenue and 31% in gross profit, said CEO Thomas M. Siebel. We significantly expanded our market-partner ecosystem in Q1, entering into a strategic alliance with Google Cloud to allow the entire Google Cloud global sales and... More