Guidewire Software (GWRE) Tops Q4 EPS by 5c, Revenues Beat; Offers FY19 EPS/Revenue Outlook Below Consensus
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Guidewire Software Announces Fourth Fiscal Quarter and Fiscal Year 2018 Financial Results
September 5, 2018 4:15 PM EDTFOSTER CITY, Calif.--(BUSINESS WIRE)-- Guidewire Software, Inc. (NYSE: GWRE), a provider of software products to Property and Casualty (P&C) insurers, today announced its financial results for the fourth fiscal quarter and year ended July31, 2018.
Driven by a record number of transactions at new and existing customers in both domestic and international markets, revenue and net income were above our guidance ranges for the fourth quarter and fiscal year 2018, said Marcus Ryu, chief executive officer, Guidewire Software. As insurers strive for differentiation through automation, digital engagement, predictive analytics, and integration to insurtech partners,... More
