Clearwater Analytics Holdings shares are trading higher after the company reported better-than-expected Q2 sales results and issued Q3 and FY24 revenue guidance above estimates.
Portfolio Pulse from Benzinga Newsdesk
Clearwater Analytics Holdings shares are trading higher after the company reported better-than-expected Q2 sales results and issued Q3 and FY24 revenue guidance above estimates.
August 01, 2024 | 2:29 pm
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Clearwater Analytics Holdings reported better-than-expected Q2 sales results and issued Q3 and FY24 revenue guidance above estimates, leading to a rise in share prices.
The company's better-than-expected Q2 sales results and higher-than-estimated revenue guidance for Q3 and FY24 are positive indicators for future performance, likely driving the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100