PowerSchool Holdings, Inc. (NYSE:PWSC) Q3 2023 Earnings Call Transcript

So as we get more of our customers entrenched with 1 or 2 more products, get them into that cohort, we see exploration of growth. So a big focus for us with the cloud as well as go-to-market is getting more of our customers adopted on multiple products.

Operator: This concludes our question-and-answer session. I would like to turn the conference back over to Hardeep Gulati for any closing remarks. Thank you, operator. Thank you again for — everyone, for joining us today. We are really looking forward to an exciting finishing of 2023. As you saw, a very strong quarter with both — be it on guidance on revenue and EBITDA. We are really looking at how we can continue to execute into not just 2023 but 2024 and continue to deliver on the double-digit growth we shared at our Investor Day and build our path to $1 billion in the next 3 years both on top line and also 36% plus on our EBITDA profile which we talked about. So runway for PowerSchool is very exciting. As we talked about, we’re less than 6% penetrated.

Huge opportunity and our innovation is going to [indiscernible]. Really, I want to thank all of our PowerSchool team, our customers and our investors for continuing to believe in us, allowing us to really transform education and bring personalized education to every child. Thank you, everyone.

Operator: The conference has now concluded. Thank you for attending today’s presentation. You may now disconnect.