secwatch.observer — SEC 8-K summary
======================================

Issuer:     Clearwater Analytics Holdings, Inc. (CWAN)
CIK:        0001866368
Form:       8-K
Filed at:   2022-08-03T23:59:59+00:00
Accession:  0000950170-22-014270
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Clearwater Analytics Q2 revenue $73.4M (+21% YoY); appoints Dr. JP Singh to board
--------------------------------------------------------------------------------

- Revenue $73.4M, +20.6% YoY; net loss $2.2M vs $0.2M loss last year; non-GAAP net income $13.3M (+119% YoY).
- Adjusted EBITDA $19.1M (26.0% margin); operating cash flow $18.3M; free cash flow $16.5M (87% conversion).
- ARR $290.4M (+18.5% YoY); gross revenue retention 98% for 14 consecutive quarters; net retention 104% (down from 107%).
- Q3 2022 revenue guided $74.5-75M; FY 2022 revenue $298-300M; adjusted EBITDA $79-81M.
- Appointed Dr. JP Singh, Princeton CS professor and tech entrepreneur, to Board of Directors effective July 29, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1866368/000095017022014270/0000950170-22-014270-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1866368/000095017022014270/cwan-20220803.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-014270

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer