Guidewire Software (GWRE) Reports Solid 1Q Earnings; UBS Raises Price Target to $70
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Guidewire Software Announces First Quarter Fiscal 2016 Financial Results
December 1, 2015 4:15 PM ESTFOSTER 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 quarter ended October 31, 2015.
"Our first quarter of fiscal 2016 delivered license revenue and operating income above the top end of our guidance," said Marcus Ryu, chief executive officer, Guidewire Software. "We believe this strong performance reflects robust demand from P&C insurers for technology enabling them to adapt and succeed in a time of rapid industry change.
Ryu continued, Our eleventh annual Connections user... More
