Guidewire Software (GWRE) Tops Q2 EPS by 9c; FY16 Outlook Misses Views

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Guidewire Software Announces Second Quarter Fiscal 2016 Financial Results

March 1, 2016 4:15 PM EST

FOSTER CITY, Calif.--(BUSINESS WIRE)-- Guidewire Software, Inc. (NYSE: GWRE), a provider of software products to Property and Casualty insurers, today announced its financial results for the fiscal quarter ended January 31, 2016.

We achieved revenue and profitability above the high end of our guidance range for the second quarter, reflecting strong demand for both core system replacement and our newer products in the data management and digital engagement domains, said Marcus Ryu, chief executive officer, Guidewire Software. We believe the appeal that all the products in our portfolio have to a diverse set of insurers... More