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Stock impact report

Clearwater Analytics Announces First Quarter 2024 Financial Results [Yahoo! Finance]

Clearwater Analytics Holdings, Inc. (CWAN) 
Company Research Source: Yahoo! Finance
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. We continue to invest in and bring to market new innovative products that resonate with our current clients' needs. This is one of the key levers of increasing NRR in the long-term, and we are pleased with the progress we are making. We're also committed to e Show less Read more
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