Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
The latest update is out from Clearwater Analytics Holdings ( (CWAN) ).
Clearwater Analytics has amended its Tax Receivable Agreement, agreeing to a $72.5 million settlement to terminate its obligations, potentially saving $542 million in future liabilities. This strategic move, pending shareholder approval, aims to enhance financial certainty and cash flow utilization. The company also reported strong Q3 2024 financial results, with record revenue of $115.8 million and a 34% increase in adjusted EBITDA, while continuing to invest in innovation and leadership expansion to drive growth and market differentiation.
Learn more about CWAN stock on TipRanks’ Stock Analysis page.