PowerSchool Holdings, Inc. (PWSC) Misses Q3 EPS by 24c, Revenue Beats, Offers Guidance
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PowerSchool Announces Third Quarter 2021 Financial Results
November 10, 2021 4:23 PM ESTFOLSOM, Calif.--(BUSINESS WIRE)-- PowerSchool Holdings, Inc. (NYSE: PWSC) ("PowerSchool" or the Company), the leading provider of cloud-based software for K-12 education, today announced financial results for its third quarter ended September 30, 2021.
As the new school year began, K-12 educators have turned to PowerSchools comprehensive cloud software to ensure they are ready for whatever lies ahead, said Hardeep Gulati, PowerSchool CEO. In Q3, our cross-sell efforts helped us to achieve $527.8 million of ARR, representing 28.5% year-over-year growth. These results show that when we meet customers needs where they are, we generate growth, as... More
