Group 1 - Surmodics, Inc. (SRDX) provides performance coating technologies for the medical sector and has a Zacks Rank 1 [1] - The Zacks Consensus Estimate for Surmodics' current year earnings increased by 18.8% over the last 60 days [1] - Surmodics' shares gained 3.3% over the last three months, outperforming the S&P 500's advance of 2.3% [1] - Clearwater Analytics Holdings, Inc. (CWAN) offers a Software-as-a-Service (SaaS) platform and also has a Zacks Rank 1 [2] - The Zacks Consensus Estimate for Clearwater Analytics' next year earnings increased by 3.9% over the last 60 days [2] - Clearwater Analytics' shares gained 7.2% over the last three months, significantly outperforming the S&P 500's advance of 2.3% [2] - Surmodics has a Momentum Score of A, while Clearwater Analytics has a Momentum Score of B [1][2]

Group 1 - Clearwater Analytics Holdings (CWAN) has a favorable growth outlook, leading to a buy recommendation in August [1] - The investment approach focuses on long-term durability and affordability rather than just low multiples [1] - Companies with steady long-term growth, no cyclicality, and strong balance sheets are preferred for investment [1] Group 2 - There is a recognition that investing in successful companies carries risks, particularly regarding valuation [1] - The potential for significant development in certain companies may lessen the immediate importance of price [1]

Group 1 - Clearwater Analytics (CWAN) has returned 55% year-to-date, outperforming the Computer and Technology sector's average return of 29.1% [4] - The Zacks Consensus Estimate for CWAN's full-year earnings has increased by 1.5% over the past 90 days, indicating improved analyst sentiment [4] - Clearwater Analytics is ranked 2 (Buy) in the Zacks Rank, which is a stock-picking model focusing on earnings estimates and revisions [3] Group 2 - Clearwater Analytics belongs to the Internet - Software industry, which has 145 companies and is currently ranked 39 in the Zacks Industry Rank [6] - The average return for the Internet - Software industry this year is 33.3%, showing that CWAN is performing better than its industry peers [6] - In contrast, AST SpaceMobile, Inc. (ASTS), another stock in the Computer and Technology sector, has a year-to-date return of 294.9% and is ranked 2 (Buy) [5]

Investors interested in Computer and Technology stocks should always be looking to find the best-performing companies in the group. Has Clearwater Analytics (CWAN) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.Clearwater Analytics is one of 619 companies in the Computer and Technology group. The Computer and Technology group currently sits at #2 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the ...

Clearwater Analytics Holdings, Inc. (NYSE:CWAN) Q3 2024 Earnings Conference Call November 6, 2024 5:00 PM ET Company Participants Joon Park - Head of IR Sandeep Sahai - CEO and Board Member Subi Sethi - Chief Client Officer Jim Cox - CFO Conference Call Participants Brian Schwartz - Oppenheimer Andrew Schmidt - Citi Yun Kim - Loop Capital Markets Rishi Jaluria - RBC Capital Markets Michael Infante - Morgan Stanley Peter Heckmann - D.A. Davidson Alexei Gogolev - JPMorgan Gabriela Borges - Goldman Sachs Dylan ...

Financial Performance - Clearwater Analytics reported revenue of $115.83 million for the quarter ended September 2024, representing a 22.4% increase year-over-year [1] - Earnings per share (EPS) for the quarter was $0.12, up from $0.09 in the same quarter last year [1] - The reported revenue exceeded the Zacks Consensus Estimate of $113.37 million by 2.17% [1] - The EPS also surpassed the consensus estimate of $0.11 by 9.09% [1] Key Metrics - Total Annual Recurring Revenue (ARR) was $456.90 million, slightly above the estimated $455.64 million [3] - The number of clients stood at 1,300, which was below the average estimate of 1,425 [3] - The net revenue retention rate was 114%, exceeding the estimated 110.1% [3] Stock Performance - Shares of Clearwater Analytics have returned +7.2% over the past month, outperforming the Zacks S&P 500 composite's +0.7% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]

Clearwater Analytics (CWAN) came out with quarterly earnings of $0.12 per share, beating the Zacks Consensus Estimate of $0.11 per share. This compares to earnings of $0.09 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 9.09%. A quarter ago, it was expected that this automated investment accounting software developer would post earnings of $0.10 per share when it actually produced earnings of $0.10, delivering no surprise.Ove ...

Table of Contents Class A common stock, par value $0.001 per share CWAN New York Stock Exchange UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 ______________________________________ FORM 10-Q ______________________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the trans ...

Exhibit 99.1 Clearwater Analytics Announces Third Quarter 2024 Financial Results Record Quarterly Revenue of $115.8 Million, Up 22% Year-Over-Year Annualized Recurring Revenue of $456.9 Million, Up 26% Year-Over-Year Net Income of $4.8 Million; Adjusted EBITDA of $38.3 Million, Up 34% Year-Over-Year Gross 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 — November 6, 2024 — Clearwater Analytics Holdings, Inc. (NYSE: C ...

Welcomes Adrien de La Grange as Head of Business Development in France, Amina Troger as New Head of Global Delivery for EMEA, and Jose Salas as Head of Partnerships & Alliances for EMEA LONDON and BOISE, Idaho, Oct. 15, 2024 /PRNewswire/ -- Clearwater Analytics (NYSE: CWAN), a leading provider of SaaS-based investment management, accounting, reporting, and analytics solutions, today announced the expansion of its EMEA leadership team with three strategic hires: Adrien de La Grange as Head of Sales in France ...