Guidewire Software (GWRE) Misses Q2 EPS by 19c; Guides

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Go back to Guidewire Software (GWRE) Misses Q2 EPS by 19c; Guides

Guidewire Announces Second Quarter Fiscal Year 2023 Financial Results

March 6, 2023 4:15 PM EST

SAN MATEO, Calif.--(BUSINESS WIRE)-- Guidewire (NYSE: GWRE) today announced its financial results for the fiscal quarter ended January 31, 2023.

We are thrilled with our second quarter results. We closed eight cloud transactions and improved operating efficiency, resulting in strong top-line growth and improved subscription and support gross margins, said Mike Rosenbaum, Chief Executive Officer, Guidewire. Continued progress on our cloud platform enabled us to exceed the top end of our guidance range for revenue, ARR, and profitability.

Second Quarter Fiscal Year 2023 Financial... More