secwatch.observer — SEC 8-K summary
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Issuer:     Clearwater Analytics Holdings, Inc. (CWAN)
CIK:        0001866368
Form:       8-K
Filed at:   2024-11-06T23:59:59+00:00
Accession:  0001628280-24-045726
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 1.01, 1.02, 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Clearwater Q3 revenue $115.8M (+22% YoY); ARR $456.9M (+26%); TRA buyout $72.5M
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- Revenue $115.8M (+22.4% YoY); net income $4.8M vs loss $2.3M; Adjusted EBITDA $38.3M (+34.3%).
- ARR $456.9M (+26.1% YoY); GRR 99%; NRR 114%; operating cash flow $49.7M (+57%).
- TRA buyout: one-time settlement $72.5M to terminate all past/future payments; expects $542M savings on $614M total liability.
- Q4 guidance: revenue $120.2M, FY24 $445.5M; Adjusted EBITDA $142.5M (margin ~32%).
- Non-GAAP diluted EPS $0.12; appointed Fleur Sohtz as CMO; cash & investments $336.7M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1866368/000162828024045726/0001628280-24-045726-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1866368/000162828024045726/cwan-20241106.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-045726

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