secwatch.observer — SEC 8-K summary
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Issuer:     POWERSCHOOL HOLDINGS, INC. (—)
CIK:        0001835681
Form:       8-K
Filed at:   2024-05-07T23:59:59+00:00
Accession:  0001835681-24-000068
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1835681/000183568124000068/0001835681-24-000068-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1835681/000183568124000068/pwsc-20240507.htm
  HTML page:      https://secwatch.observer/filing/0001835681-24-000068

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