Clearwater Analytics Holdings Inc. (NYSE:CWAN) saw a surge of 18.97 percent last week after reports of potential sale and interest from buyers like Warburg Pincus and Permira. The company faced a net loss of $10.3 million but experienced a revenue increase of 77 percent to $205 million, surpassing its guidance.
The full-year revenue forecast for Clearwater Analytics Holdings Inc. (NYSE:CWAN) is estimated to be $730 million to $731 million, indicating a 62 percent growth year-on-year. Fourth-quarter revenues are projected to reach $216 million to $217 million, a 71 to 72 percent increase compared to the previous year.
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Read more at Yahoo Finance: Clearwater (CWAN) Jumps 19% as Firms Eye Takeover
