Guidewire Software (GWRE) Tops Q1 EPS by 16c, FY Revenue Guidance Comes in Light
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Guidewire Software Announces First Quarter Fiscal 2019 Financial Results
December 4, 2018 4:17 PM ESTFOSTER CITY, Calif.--(BUSINESS WIRE)-- Guidewire Software, Inc. (NYSE: GWRE), provider of the industry platform Property and Casualty (P&C) insurers rely upon, today announced its financial results for the fiscal quarter ended October31, 2018.
Revenue and profitability exceeded our expectations for the first quarter, further supplemented by a large contract consolidation that accelerated revenue recognition into the quarter. said Marcus Ryu, chief executive officer, Guidewire Software. During the first quarter new and existing customers selected multiple components of Guidewire InsurancePlatform - including InsuranceSuite, digital, data and analytics - and we advanced multiple evaluations underway for Guidewire... More
