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Stock impact report

Guidewire Announces First Quarter Fiscal Year 2025 Financial Results

Guidewire Software, Inc. (GWRE) 
Last guidewire software, inc. earnings: 3/4 04:15 pm Check Earnings Report
US:NYSE Investor Relations: ir.guidewire.com
Company Research Source: Business Wire
SAN MATEO, Calif.--(BUSINESS WIRE)--Guidewire (NYSE: GWRE) today announced its financial results for the fiscal quarter ended October 31, 2024.“We continue to see great momentum as P&C insurers look to Guidewire to deliver the platform they trust to innovate and grow efficiently,” said Mike Rosenbaum, chief executive officer, Guidewire. “Our momentum was on display at our annual industry conference, Connections, where we heard some of the largest insurers in the world share the success they are seeing with Guidewire Cloud Platform.”“We achieved or exceeded the high end of our guidance ranges for ARR, revenue, and profitability, driven by nine Q1 cloud deals, including five at Tier-1 insurers,” said Jeff Cooper, chief financial officer, Guidewire. “This strong start to fiscal year 2025, which combined better-than-expected subscription and support gross margin and disciplined operational execution, positions us well for our full-year targets.”First Quarter Fiscal Year 2025 Financial Show less Read more
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