Guidewire Software (GWRE) Tops Q3 EPS by 13c, provides guidance

Guidewire Software (NYSE: GWRE) reported Q3 EPS of $0.26, $0.13 better than the analyst estimate of $0.13. Revenue for the quarter came in at $240.7 million versus the consensus estimate of $231.29 million.

GUIDANCE:

Guidewire Software sees Q4 2024 revenue of $279-287 million, versus the consensus of $285.6 million.

Operating income between $5 million and $13 million
Non-GAAP operating income between $43 million and $51 million

Guidewire is updating the following outlook for fiscal year 2024 based on current expectations as follows:

ARR between $856 million and $864 million
Total revenue between $968 million and $976 million
Operating loss between $58 million and $50 million
Non-GAAP operating income between $94 million and $102 million
Operating cash flow between $130 million and $150 million

For earnings history and earnings-related data on Guidewire Software (GWRE) click here.

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