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 ...

Core Insights - Clearwater Analytics has expanded its EMEA leadership team with three strategic hires to enhance its business development and delivery capabilities in the region [1][5]. Group 1: Leadership Appointments - Adrien de La Grange has been appointed as Head of Sales for France, Belgium, and Luxembourg, bringing 17 years of experience from Blackrock, where he led the Financial Institutions Group business [2]. - Amina Troger has been appointed as Head of Global Delivery for EMEA, with twenty years of fintech experience from SimCorp and AIM Software, emphasizing Clearwater's commitment to market-specific innovations [3]. - Jose Salas will lead the growth of strategic partnerships across EMEA, leveraging his extensive experience from Wolters Kluwer, IHS Markit, and Bloomberg [4]. Group 2: Strategic Goals and Achievements - The company aims to support clients with exceptional service and growth, reflecting its commitment to localizing global offerings and delivering customer success [5]. - Clearwater Analytics is focused on international expansion as a central part of its growth strategy, with recent awards recognizing its innovative solutions in investment analytics [5]. - New clients in the region include notable names such as La Caisse Centrale de Réassurance, Erste Asset Management, and AXA XL's Alternative Capital Team, indicating a strong market presence [5]. Group 3: Company Overview - Clearwater Analytics is a leading SaaS solution provider that automates the entire investment lifecycle, managing over $7.3 trillion in assets across various asset types [6].

Core Insights - Clearwater Insights provides CFOs and finance leaders with the ability to benchmark their performance against industry peers, enhancing decision-making and strategy alignment [1][2] - The platform allows for real-time adjustments and visualizations of performance metrics, enabling teams to identify opportunities and understand what constitutes excellence in their industry [1][2] Group 1: Product Features - Clearwater Insights offers peer benchmarking functionality, allowing users to compare key metrics such as book yield, total return, duration, and asset allocation against a customizable peer group [1] - The product enhances informed decision-making by providing a clear understanding of asset movement relative to peer groups, thus minimizing risk [1] - It moves beyond subjective investment advice by delivering robust, data-driven insights for objective analysis [1] Group 2: Market Impact - The introduction of Clearwater Insights has significantly improved treasury operations for companies like PepGen, empowering them to align strategies with industry best practices [2] - Financial leaders can access comprehensive investment data effortlessly, which provides a competitive edge in navigating market challenges [2] Group 3: Company Overview - Clearwater Analytics is a leading SaaS solution provider that automates the entire investment lifecycle, managing over $7.3 trillion in assets across various sectors [3] - The company offers a multi-tenant architecture that supports investment portfolio planning, performance reporting, data aggregation, and compliance among other services [3]

Fortitude Re, Securian Financial, T. Rowe Price, UBS and Wellington Management Among Firms Celebrated for Mastery in Investment Management Operations BOISE, Idaho, Sept. 17, 2024 /PRNewswire/ -- Clearwater Analytics (NYSE: CWAN), a leading worldwide provider of SaaS-based investment management, accounting, reporting, and analytics solutions, today announced the winners of its Client Excellence Awards. Presented at Clearwater Connect, the awards highlight individuals, teams, and firms that have achieved grow ...

Generative AI Demonstrations, Interactive Learning, and Industry-Leading Insights Set the Agenda BOISE, Idaho, Sept. 3, 2024 /PRNewswire/ -- Clearwater Analytics (NYSE: CWAN), a leading provider of SaaS-based investment management, accounting, reporting, and analytic solutions, will host Clearwater Connect 2024 at the Boise Centre on September 17-18. The conference will bring together hundreds of experts and practitioners to explore Clearwater's platform under the theme "Better Together 2.0: Empowering Perf ...

New Research Uncovers the High Costs of 'Business as Usual,' Underscoring the Need to Modernize Data Management BOISE, Idaho, Aug. 14, 2024 /PRNewswire/ -- Clearwater Analytics (NYSE: CWAN), a leading worldwide provider of SaaS-based investment management, accounting, reporting, and analytics solutions, today released its comprehensive 2024 State of Investment Data Management study. The study reveals valuable insights into the current and future trends of investment data management. The survey, with contrib ...

Images By Tang Ming Tung Summary Following my coverage of Clearwater Analytics Holdings (NYSE:CWAN) in June 2023, for which I recommended a buy rating due to my expectation that CWAN can continue to win market share, which will put it in a more competitive position in the next upcycle, this post is to provide an update on my thoughts on the business and stock. A little over a year has passed since my last coverage, and with the share price now near my previous price target of ~$26, I think an update is appr ...