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

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