The Motley Fool

SEPTEMBER 7, 2023

The company ended the period with cash, cash equivalents, and short-term investments of $809.6 million, while professional services revenue jumped 33% to $11 million. What happened with C3.ai ai in the quarter? Subscription revenue rose 7.6% year over year to $61.4 Subscription revenue accounted for 85% of total revenue.

Initial Public Offering 130

Initial Public Offering Professional Services Consulting Consultants 130

The Motley Fool

DECEMBER 9, 2024

I'll note that this is the 16th consecutive quarter as a public company, in which we have met or exceeded our revenue guidance. Prioritized engineering services, working software machine learning models, data oncologies, etc., Conventional professional services are recognized as they are delivered.

Professional Services 130

Professional Services Accounting Shareholders Public Companies 130

The Motley Fool

FEBRUARY 21, 2024

Now we have professional services as a function at Olo. But as our chief revenue officer, Diego Panama, likes to say, every dollar of professional services revenue leads to a multiple of software revenue. This is, I think, a really key part of the Olo story, and I think the Engage platform is really resonating broadly.

Leveraging 130

Leveraging Professional Services Capital Accounting 130

The Motley Fool

DECEMBER 5, 2023

Q3 revenue also benefited from a stronger contribution of our professional services, driven by elevated breach activity across legacy and competing platforms. Is this going to be more of a lead-gen innovation-type consulting business? It's our entire history as a public company, and we're going to continue with that.

Mergers and Acquisitions 130

Mergers and Acquisitions Liabilities Banks Capital 130

The Motley Fool

OCTOBER 11, 2024

G&A expense was up 8% year over year, primarily due to the timing of technology spend last year and higher professional services expense. We celebrated the 25th anniversary of BlackRock becoming a public company, and we closed our acquisition of Global Infrastructure Partners. Our clients are excited.

Assets 130

Assets Leveraging Mergers and Acquisitions Capital 130