** Shares of investment accounting software provider Clearwater Analytics CWAN.N jump as much as 24.9%; last up 14.7% at $32.8
** CWAN late Wednesday posted record quarterly revenue of $115.8 mln, a 22% jump compared to last year
** Co reported Q3 profit of $4.8 mln, compared with a net loss of $2.3 mln a year earlier
** JPM analysts say net revenue retention rate jumping to 114% was a surprise and was driven by the contribution of new products and assets under management expansion
** Demand appears incrementally stronger and was surprisingly broadbased across types of customers and geographies - JPM
** CWAN forecast Q4 revenue of $120.2 mln, in line with Wall Street expectations
** As of last close, CWAN shares up 42.7% YTD
(Reporting by Arasu Kannagi Basil in Bengaluru)
((ArasuKannagi.Basil@thomsonreuters.com;))
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