Clearwater Analytics Price, Forecast, Insider, Ratings, Fundamentals & Signals

Record quarterly revenue of $102.7 million, up 21% year-over-year adjusted ebitda of $32.2 million, up 43% year-over-year gross revenue retention rate of 99%; net revenue retention rate of 110% annualized recurring revenue of $402.3 million, up 19% year-over-year adjusted gross margin increases to 78%, up 210 bps year-over-year boise, idaho , may 1, 2024 /prnewswire/ -- clearwater analytics holdings, inc. (nyse: cwan) ("clearwater analytics" or the "company"), a leading worldwide provider of saas-based investment management, accounting, reporting, and analytics solutions, today announced its financial results for the quarter ended march 31, 2024. "the 21% organic year-over-year revenue growth in q1 2024 demonstrates the continued disruptive power of our platform and its adoption by a diverse group of clients across industries and geographies.

Clearwater wilshire analytics provides best-in-class risk and performance capabilities for front and middle office clients boise, idaho , april 22, 2024 /prnewswire/ -- clearwater analytics holdings, inc. (nyse: cwan), ("clearwater analytics" or the "company"), a leading provider of saas-based investment management, accounting, reporting, and analytics solutions, today completed its previously announced acquisition of risk and performance analytics solutions from wilshire advisors llc, a leading global financial services firm. wilshire axiom℠, wilshire atlas ℠, wilshire abacus, and wilshire iqcomposite will now be integrated with clearwater's solutions in the risk and performance space to create a powerful and compelling product for its clients.

Boise, idaho , april 17, 2024 /prnewswire/ -- clearwater analytics holdings, inc. (nyse: cwan), ("clearwater analytics" or the "company"), a leading provider of saas-based investment management, accounting, reporting, and analytics solutions, will release financial results for the first quarter ended march 31, 2024 after the u.s. financial markets close on wednesday, may 1, 2024. in conjunction with this announcement, clearwater analytics will host a conference call on may 1, 2024, at 5:00 p.m.

Boise, idaho , april 17, 2024 /prnewswire/ -- clearwater analytics holdings, inc. (nyse: cwan), ("clearwater analytics" or the "company"), a leading provider of saas-based investment management, accounting, reporting, and analytics solutions, today announced that members of its executive leadership team will be participating in the following investor conferences in the second quarter of 2024. clearwater analytics chief executive officer sandeep sahai will join a fireside chat and participate in one-on-one meetings at the j.p.

New york--(business wire)--emplifi, a leading customer engagement platform provider, today announced the appointment of susan ganeshan as its chief marketing officer. ganeshan will lead emplifi's marketing and growth initiatives while working cross-functionally within the organization to help global brands deliver a seamless experience throughout the customer journey. she will be actively involved with emplifi's clients to support their cx efforts ensuring they drive brand growth through mature.

Clearwater Analytics Holdings, Inc. (NYSE:CWAN ) Q1 2024 Earnings Conference Call May 1, 2024 5:00 PM ET Company Participants Joon Park - Head, IR Sandeep Sahai - CEO Jim Cox - CFO Conference Call Participants Rishi Jaluria - RBC Faith Brunner - William Blair Michael Infante - Morgan Stanley David Unger - Wells Fargo Ari Friedman - Oppenheimer Eleanor Smith - JPMorgan Gabriela Borges - Goldman Sachs Yun Kim - Loop Capital Joon Park Thank you, and welcome everyone to Clearwater Analytics' First Quarter 2024 Financial Results Conference Call. Joining me on the call today are Sandeep Sahai, Chief Executive Officer, and Jim Cox, Chief Financial Officer.

Clearwater (CWAN) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Clearwater Analytics Holdings, Inc. (CWAN) Q4 2024 Earnings Call Transcript

While the top- and bottom-line numbers for Clearwater Analytics (CWAN) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Clearwater Analytics (CWAN) came out with quarterly earnings of $0.10 per share, beating the Zacks Consensus Estimate of $0.08 per share. This compares to earnings of $0.07 per share a year ago.

Clearwater Analytics Holdings Inc. NASDAQ: CWAN is a leading investment accounting, reporting and management platform in the business services sector. Asset managers use it, as do insurers, enterprises and government agencies, including Thornburg, DC.gov, Meta Platforms Inc. (NASDAQ: META), Facebook, Fifth Third Bank Inc. NASDAQ: FITB, Zillow Group Inc. NASDAQ: Z and NC State University.

While the top- and bottom-line numbers for Clearwater Analytics (CWAN) give a sense of how the business performed in the quarter ended September 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

I recommend a buy due to CWAN strong performance in margins and growth outlook. CWAN's revenue has been consistently growing at about 20% plus, with a gross margin of 72% and a strong net income growth. Recent results show strong revenue growth and an improved NRR, driven by CWAN's market dominance, AI development, and continuous product innovation.

Clearwater Analytics Holdings, Inc. (NYSE:CWAN ) Q3 2023 Earnings Conference Call November 1, 2023 5:00 PM ET Company Participants Joon Park - Head, Investor Relations Sandeep Sahai - Chief Executive Officer Jim Cox - Chief Financial Officer Conference Call Participants Rishi Jaluria - RBC Ella Smith - JPMorgan Michael Infante - Morgan Stanley David Unger - Wells Fargo Peter Heckmann - D.A. Davidson Gabriela Borges - Goldman Sachs Dylan Becker - William Blair Brian Schwartz - Oppenheimer Operator Thank you for joining, ladies and gentlemen, and thank you all for standing by.

Lifeway Foods (LWAY), Augmedix (AUGX) and Clearwater Analytics Holdings (CWAN) have been selected as the breakout stocks for today.