PowerSchool Holdings, Inc. (PWSC) Tops Q2 EPS by 3c

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PowerSchool Announces Second Quarter 2022 Financial Results

August 8, 2022 4:15 PM EDT

PowerSchool exceeds high-end of outlook for both revenue and Adjusted EBITDA, raises outlook for full year 2022 Subscription and Support revenue reaches $135.0 million in the second quarter of 2022, increases 11% year-over-year ARR of $580.3 million as of June 30, 2022, increases 10% year-over-year NRR of 107.3% as of June 30, 2022, improves 60 basis points sequentially Net loss margin reaches negative 4% and Adjusted EBITDA margin reaches 31% for the quarter

FOLSOM, Calif.--(BUSINESS WIRE)-- PowerSchool Holdings, Inc. (NYSE: PWSC) (PowerSchool or the Company), the leading provider of cloud-based software for K-12... More