Guidewire Software, Inc. (GWRE) Tops Q4 EPS by 9c, Q1 and FY16 Guidance Falls Short

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Go back to Guidewire Software, Inc. (GWRE) Tops Q4 EPS by 9c, Q1 and FY16 Guidance Falls Short

Guidewire Software Announces Fourth Quarter and Fiscal Year 2015 Financial Results

September 1, 2015 4:05 PM EDT

FOSTER CITY, Calif.--(BUSINESS WIRE)-- Guidewire Software, Inc. (NYSE: GWRE), a provider of software products for property and casualty insurers, today announced its financial results for the fiscal fourth quarter and fiscal year ended July 31, 2015.

Fiscal year 2015 and fourth quarter revenue and profitability exceeded our expectations, said Marcus Ryu, chief executive officer, Guidewire Software. We initiated multiple new relationships with large domestic and international insurers, including five Tier 1 customers, which we define as insurers which have direct written premiums in excess of five billion dollars, and we expanded multiple relationships to include our... More