Clearwater Analytics (CWAN) - 2024 Q1 - Quarterly Results

Exhibit 99.1 Clearwater Analytics Announces First Quarter 2024 Financial Results Record Quarterly Revenue of $102.7 Million, Up 21% Year-Over-Year Adjusted EBITDA of $32.2 Million, Up 43% Year-Over-Year 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 — Clearwater Analytics Holdings, Inc. (NYSE: CWAN) (“Clearwater Analytics” ...