
Guidewire Software reported its earnings for the first quarter of fiscal year 2025, revealing total revenue of $262.9 million, a 27% increase from the same quarter in fiscal year 2024. The company's subscription and support revenue rose to $169.7 million, reflecting a 33% year-over-year growth, while license revenue increased to $37.4 million. Analysts had estimated revenue of $252.95 million and earnings per share of $0.30. Guidewire's adjusted earnings per share came in at $0.43, surpassing the estimate by $0.13. Additionally, the company provided guidance for Q2 revenue and full-year revenue that exceeded consensus expectations.
$GWRE Guidewire Software Q1 Adj $0.43 Beats $0.30 Estimate Sales $262.90M Beat $252.95M Estimate
Guidewire Software beats by $0.13, beats on revs; guides Q2 revs above consensus; guides FY25 revs above consensus $gwre
$GWRE Earnings: - Total revenue for the first quarter of fiscal year 2025 was $262.9 million, an increase of 27% from the same quarter in fiscal year 2024. Subscription and support revenue was $169.7 million, an increase of 33%; license revenue was $37.4 million, an increase of… https://t.co/ScPchxhHBn
