PowerSchool Q1 revenue $185M (+16% YoY); Adj. EBITDA $61.3M (+24%), exceeds outlook

POWERSCHOOL HOLDINGS, INC.

2024-Q1 EPS reported -$0.12 revenue$184,967,000

Total revenue $185.0M, up 16% YoY; subscriptions & support revenue $166.9M, up 18%.
GAAP net loss $22.8M (12% of rev); Non-GAAP net income $35.4M; Non-GAAP EPS $0.17.
Adjusted EBITDA $61.3M (33% of rev), up 24% YoY, exceeding high end of guidance.
ARR $720.3M, up 18% YoY; NRR 107.0%, up 30 bps sequentially from Q4 2023.
Net cash from operations -$89.7M; Free cash flow -$102.5M (seasonal patterns typical).

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

POWERSCHOOL HOLDINGS, INC. reported the quarter ended March 31, 2024 results: revenue $185.0 million, net income $22.8 million, EPS $0.12.

Period: the quarter ended March 31, 2024
Revenue: $185.0 million
Net income: $22.8 million
EPS: $0.12
Result: reported results

Exact text from the filing

reference in such a filing. --- EX-99.1 (EX-99.1) --- PowerSchool Announces First Quarter Financial Results • First quarter total revenue increased 16% year-over-year to $185.0 million, meeting outlook • First quarter GAAP net loss was $22.8 million, representing 12% of total revenue, and Adjusted EBITDA* increased 24% year-over-year to $61.3 million, exceeding

View on SEC.gov

708 earnings releases filed in the last 30 days. Browse all earnings releases →

Source: SEC EDGAR

accession 0001835681-24-000068

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.