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Stock impact report

Clearwater Analytics Announces Third Quarter 2024 Financial Results

Clearwater Analytics Holdings, Inc. (CWAN) 
Company Research Source: Business Wire
Record Quarterly Revenue of $115.8 Million, Up 22% Year-Over-YearAnnualized Recurring Revenue of $456.9 Million, Up 26% Year-Over-YearNet Income of $4.8 Million; Adjusted EBITDA of $38.3 Million, Up 34% Year-Over-YearGross Revenue Retention Rate of 99%; Net Revenue Retention Rate of 114%Operating Cash Flows of $49.7 Million, Up 57% Year-Over-Year BOISE, Idaho--(BUSINESS WIRE)--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 September 30, 2024.“It’s very gratifying to see continued excellence in execution. Our results are truly outstanding – revenue growth, ARR growth, adjusted EBITDA, cash flow generation, GRR, and NRR were all very strong. And these results were achieved while continuing to make substantial investments in R&D, operations, and go-to-market for the sho Show less Read more
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