Guidewire Software (GWRE) Tops Q3 EPS by 6c, Offers Q4 Guidance

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Go back to Guidewire Software (GWRE) Tops Q3 EPS by 6c, Offers Q4 Guidance

Guidewire Software Announces Third Quarter Fiscal 2018 Financial Results

June 5, 2018 4:15 PM EDT

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 April 30, 2018.

We exceeded our revenue and non-GAAP profitability guidance for the third quarter of fiscal 2018 in the context of an incrementally increasing proportion of our new sales coming in the form of cloud-based subscriptions, said Marcus Ryu, chief executive officer, Guidewire Software. As part of their transformation journeys, P&C insurers are seeking their trusted technology partners to shoulder an increasing... More