Clearwater Analytics Sees Q4 Revenue $98.5M Vs $98.54M Est.; FY23 Revenue $367.6M Vs $365.07M Est.
Portfolio Pulse from Benzinga Newsdesk
Clearwater Analytics has provided its Q4 and FY23 guidance. The company expects Q4 revenue of $98.5 million, slightly below the estimated $98.54 million. However, FY23 revenue is projected at $367.6 million, surpassing the estimated $365.07 million. The company also anticipates year-over-year growth of approximately 19% for Q4 and 21% for FY23.
November 01, 2023 | 8:54 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Clearwater Analytics' Q4 revenue guidance is slightly below estimates, which could negatively impact investor sentiment. However, the company's FY23 revenue guidance surpasses estimates, which could offset some of the potential negative impact.
The company's Q4 revenue guidance is slightly below estimates, which could lead to a negative reaction from investors. However, the FY23 revenue guidance is higher than estimates, which could be seen as a positive sign for the company's future performance and offset some of the potential negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100