This is a story much greater than just this quarter's results. Siebel and C3 are not taking business from someone else to increase revenues, this is a whole new product and clearly the world (he just got off a plane from Barcelona) is wanting said product.
Why would the DOD have $600M in contracts with C3? Why would the EY executive who just signed a deal a few weeks back on London be presenting next week at C3AI transform next week in Boca Raton? Why would Google and AWS be selling C3 products to their customers? Why would their be more customers in the pipeline than C3 has now?
While revenue was said to be 30% higher for FY 2025 it will grow exponentially. I can't predict what will happen as shorts (and the institutions holding them who control the market) will do tomorrowand wil not predict any price action but this company is worth more than 10x current revenue. Maybe 20x 2024 revenue to start (or 2025).
GLTA who held through the obvious shenanigans the past days.$C3.ai, Inc.(AI)$
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