Guidewire Software (GWRE) Tops Q2 EPS by 15c, Revenues Beat; Q3 EPS Mid-Point Guidance Above Estimates, Q3 Revenue Guidance Above Consensus, FY19 EPS View Above Consensus

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Guidewire Software Announces Second Quarter Fiscal 2019 Financial Results

March 6, 2019 4:15 PM EST

FOSTER 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 January31, 2019.

We exceeded our guidance ranges for revenue and profitability in the second quarter, said Marcus Ryu, chief executive officer, Guidewire Software. During the quarter, we extended our overall market momentum and demonstrated particular success with our cloud and digital initiatives, completing another InsuranceSuite Cloud deal and signing significant new business for digital enablement. We continue to invest in Guidewire... More