Clearwater Analytics' Q3 Non-GAAP Earnings, Revenue Increase

MT Newswires Live
07 Nov 2024

Clearwater Analytics Holdings (CWAN) reported Q3 non-GAAP earnings Wednesday of $0.12 per diluted share, up from $0.09 a year earlier.

Analysts polled by Capital IQ expected $0.11.

Revenue for the quarter ended Sept. 30 was $115.8 million, compared with $94.7 million a year earlier.

Analysts polled by Capital IQ expected $113.4 million.

The company said it expects Q4 revenue of $120.2 million. Analysts polled by Capital IQ expect $120.4 million.

For the full year, Clearwater Analytics said it now expects $445.5 million in revenue, compared with its previous estimate of $442 million to $444 million. Analysts polled by Capital IQ expect $445.9 million.

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