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Clearwater Analytics Holdings, Inc. [CWAN] reports annual net loss of $23,083,000.0

Clearwater Analytics Holdings, Inc. [CWAN] reports annual net loss of $23,083,000.0

Company Reports Revenue of $368.2 million

By USInMinutes
Published - Feb 29, 2024, 12:42 PM ET
Last Updated - Feb 29, 2024, 12:42 PM EST

Clearwater Analytics Holdings, Inc. [CWAN] has reported a net loss of $23,083,000.0 for year ended Dec 31, 2023.

The Company said in a filing before the Securities and Exchange Commission that its total revenue for the year was $368.2 million

Based in BOISE, Idaho, Clearwater Analytics Holdings, Inc. operates in the SERVICES sector.

In the Consolidated Statements of Operations for Clearwater Analytics Holdings, Inc., expressed in thousands of USD, the comparison between the 12 months ended December 31, 2023, and the prior periods showed the following financial results:

- Revenue for the current period was $368.2 million, a significant increase from $303.4 million in the same period of 2022 and $252.0 million in 2021.

- Cost of revenue amounted to $107.1 million, higher than the $87.8 million in 2022 and $67.9 million in 2021.

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