PowerSchool Holdings, Inc. (PWSC) Tops Q3 EPS by 4c

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PowerSchool Announces Third Quarter 2023 Financial Results

November 7, 2023 4:15 PM EST

PowerSchool delivers third quarter total revenue growth of 12% to $182.2 million, exceeding the high end of the third quarter guidance range, and increases full-year 2023 outlook for total revenue GAAP net loss per diluted share improves 100% over the prior year to $0.00, and Non-GAAP Net Income per diluted share improves 14% to $0.24 Adjusted EBITDA* grows 19% to $62.0 million, exceeding the high end of the third quarter guidance range, and increases full-year 2023 outlook for Adjusted EBITDA ARR* increases 9% over the prior year to reach $640.4 million as of September 30, 2023

FOLSOM, Calif.--(BUSINESS... More