04:58 PM EDT, 05/29/2024 (MT Newswires) -- C3.ai ( AI ) reported a fiscal Q4 non-GAAP net loss late Wednesday of $0.11 per diluted share, narrower than a $0.13 loss a year earlier.

Analysts polled by Capital IQ expected a $0.30 loss.

Revenue for the quarter ended April 30 was $86.6 million, up from $72.4 million a year earlier.

Analysts expected $84.4 million.

For fiscal Q1, the company is projecting $84 million to $89 million in revenue. Analysts are expecting $85.9 million.

For fiscal 2025, the company sees revenue of between $370 million to $395 million. Analysts are at $367.5 million.

C3 shares were up 7% in after-hours activity.