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Benzinga
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C3.ai Q3 Earnings Highlights: Revenue Beat, EPS Beat, 'Significant Milestones' Achieved

1. C3.ai's Q3 revenue reached $98.8 million, up 26% year-over-year. 2. Subscription revenue accounted for 87% of C3.ai's total revenue. 3. The firm reported a smaller than expected net loss of 12 cents per share. 4. C3.ai expanded partnerships with Microsoft and AWS, boosting strategic agreements. 5. Q4 revenue is projected between $103.6 million and $113.6 million.

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FAQ

Why Bullish?

C3.ai's revenue growth and strategic partnerships indicate strong market demand.

How important is it?

Innovations and partnerships may drive significant future demand for AI services.

Why Short Term?

The positive performance in Q3 could lead to immediate investor confidence.

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