PWSC - PowerSchool Expects Moderate Revenue Growth With AI A Possible Catalyst

2024-03-22 11:07:20 ET

Summary

• PowerSchool Holdings, Inc. missed Q4 2023 financial estimates, with moderate revenue growth and uneven operating results.
• The company primarily targets K-12 school districts in North America and offers a modular approach to software automation.
• PowerSchool has incorporated AI technologies and has seen solid demand for its personalized AI assistant, PowerBuddy.
• However, I don't see a meaningful catalyst for the stock in the near term, so I remain Neutral [Hold] on PowerSchool Holdings, Inc.

Investment Outlook For PowerSchool

PowerSchool Holdings, Inc. ( PWSC ) has reported its Q4 2023 financial results, missing both revenue and earnings estimates.

I previously wrote about PowerSchool in July 2023 with a Hold outlook on slower revenue growth and continued operating losses....

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