CWAN Stock Recent News

While the top- and bottom-line numbers for Clearwater Analytics (CWAN) give a sense of how the business performed in the quarter ended September 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

I recommend a buy due to CWAN strong performance in margins and growth outlook. CWAN's revenue has been consistently growing at about 20% plus, with a gross margin of 72% and a strong net income growth. Recent results show strong revenue growth and an improved NRR, driven by CWAN's market dominance, AI development, and continuous product innovation.

Clearwater Analytics Holdings, Inc. (NYSE:CWAN ) Q3 2023 Earnings Conference Call November 1, 2023 5:00 PM ET Company Participants Joon Park - Head, Investor Relations Sandeep Sahai - Chief Executive Officer Jim Cox - Chief Financial Officer Conference Call Participants Rishi Jaluria - RBC Ella Smith - JPMorgan Michael Infante - Morgan Stanley David Unger - Wells Fargo Peter Heckmann - D.A. Davidson Gabriela Borges - Goldman Sachs Dylan Becker - William Blair Brian Schwartz - Oppenheimer Operator Thank you for joining, ladies and gentlemen, and thank you all for standing by.

Clearwater Analytics (CWAN) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

CWAN has shown strong revenue performance in 1Q23, attracting major clients like Bank of America Private Bank and Merrill Lynch, and consolidating market share despite a weak economic climate. The gap between ARR growth and revenue growth should not be a concern, as large contracts take time to fully materialize and contribute to the bottom line, and the new pricing model will take time to flow through the entire customer base. CWAN's current stock price appears appealing, with potential for growth as the market recognizes the company's strong market position, steady growth, and the potential for positive EBITDA in the near future.

Clearwater Analytics Holdings, Inc. (NYSE:CWAN ) Q1 2023 Earnings Conference Call May 4, 2023 5:00 PM ET Company Participants Joon Park – Head-Investor Relations Sandeep Sahai – Chief Executive Officer Jim Cox – Chief Financial Officer Conference Call Participants Kevin McVeigh – Credit Suisse Rishi Jaluria – RBC Michael Infante – Morgan Stanley David Unger – Wells Fargo Jackson Ader – SVB MoffettNathanson Gabriela Borges – Goldman Sachs Dylan Becker – William Blair Ari Friedman – Oppenheimer Yun Kim – Loop Capital Markets Operator Ladies and gentlemen, thank you for standing by, and welcome to the Clearwater Analytics First Quarter 2023 Financial Results Conference Call. At this time, all participants are in a listen-only mode.

Clearwater Analytics (CWAN) came out with quarterly earnings of $0.07 per share, beating the Zacks Consensus Estimate of $0.06 per share. This compares to earnings of $0.05 per share a year ago.

BOISE, Idaho , April 20, 2023 /PRNewswire/ -- Clearwater Analytics Holdings, Inc. (NYSE: CWAN), ("Clearwater Analytics" or the "Company"), a leading provider of SaaS-based investment management, accounting, reporting, and analytics solutions, today announced that members of its executive leadership team will be participating in the following investor conferences in the second quarter of 2023. Jim Cox, Chief Financial Officer, will join a fireside chat and participate in one-on-one meetings at the SVB MoffettNathanson's Inaugural Technology, Media & Telecom Conference in New York City on Thursday, May 18, 2023.

Clearwater Analytics Holdings Inc. CWAN, -8.20% said Monday an affiliate of SIVB Financial Group's SIVB, -60.41% Silicon Valley Bank (SVB) is a client, but represented less than 1.5% of recurring revenue a year as of Dec. 31. The company said since the client was current in its payments, the receivable balance is “de minimis.

Clearwater Analytics Holdings, Inc. (NYSE:CWAN ) Q4 2022 Earnings Conference Call February 21, 2023 5:00 PM ET Company Participants Joon Park - Head, Investor Relations Sandeep Sahai - Chief Executive Officer Jim Cox - Chief Financial Officer Conference Call Participants Rishi Jaluria - RBC Michael Infante - Morgan Stanley Ele Smith - JPMorgan Ella Smith - JPMorgan Gabriela Borges - Goldman Sachs David Unger - Wells Fargo Kamil Mielczarek - William Blair Brian Schwartz - Oppenheimer Yun Kim - Loop Capital Markets Operator Ladies and gentlemen, thank you for standing by and welcome to the Clearwater Analytics Fourth Quarter and Full Year 2022 Financial Results Conference Call. [Operator Instructions] And now, I would like to welcome Joon Park, Head of Investor Relations to begin the conference.