Earnings snapshots: Mixed results for Idaho companies

Clearwater Analytics falls short of expectations

BOISE ― Clearwater Analytics Holdings Inc. (CWAN) on Wednesday reported a loss of $10.3 million in its third quarter.

On a per-share basis, the Boise, Idaho-based company said it had a loss of 4 cents. Earnings, adjusted for one-time gains and costs, came to 14 cents per share.

The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 15 cents per share.

The automated investment accounting software developer posted revenue of $205.1 million in the period, which beat Street forecasts. Five analysts surveyed by Zacks expected $203.8 million.

For the current quarter ending in December, Clearwater Analytics said it expects revenue in the range of $216 million to $217 million.

The company expects full-year revenue in the range of $730 million to $731 million.

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This story was generated by Automated Insights using data from Zacks Investment Research. Access a Zacks stock report on CWAN.

Boise Cascade shares decline over past year

BOISE ― Boise Cascade, LLC (BCC), on Monday reported third-quarter profit of $21.8 million.

On a per-share basis, the Boise, Idaho-based company said it had net income of 58 cents.

The results met Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 58 cents per share.

The engineered wood products and plywood company posted revenue of $1.67 billion in the period.

Boise Cascade shares have declined 43% since the beginning of the year. In the final minutes of trading on Monday, shares hit $68.34, a decline of 49% in the last 12 months.

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This story was generated by Automated Insights using data from Zacks Investment Research. Access a Zacks stock report on BCC.

Hecla Mining posts revenue of $409M

COEUR D`ALENE ― Hecla Mining Co. (HL) on Wednesday reported net income of $100.7 million in its third quarter.

The Coeur d`Alene, Idaho-based company said it had net income of 15 cents per share. Earnings, adjusted for non-recurring gains, came to 12 cents per share.

The precious metals company posted revenue of $409.5 million in the period.

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This story was generated by Automated Insights using data from Zacks Investment Research. Access a Zacks stock report on HL.