Clearwater Analytics Hldg: Q1 Earnings Insights

Clearwater Analytics Hldg (NYSE:CWAN) reported its Q1 earnings results on Thursday, May 4, 2023 at 04:15 PM. Here’s…

Clearwater Analytics Hldg (NYSE:CWAN) reported its Q1 earnings results on Thursday, May 4, 2023 at 04:15 PM.

Here’s what investors need to know about the announcement.

Earnings

Clearwater Analytics Hldg beat estimated earnings by 16.67%, reporting an EPS of $0.07 versus an estimate of $0.06.

Revenue was up $13.82 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.01 which was followed by a 6.79% drop in the share price the next day.

Here’s a look at Clearwater Analytics Hldg’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.06 0.05 0.05 0.05
EPS Actual 0.07 0.06 0.05 0.05
Revenue Estimate 80.41M 74.60M 73.20M 70.06M
Revenue Actual 82.69M 76.55M 73.41M 70.78M

To track all earnings releases for Clearwater Analytics Hldg visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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