Guidewire Software Soars 11.01% on Strong Q3 Earnings

Generado por agente de IAAinvest Pre-Market Radar
miércoles, 4 de junio de 2025, 4:38 am ET1 min de lectura
GWRE--

Guidewire Software's stock surged 11.01% in pre-market trading on June 4, 2025, driven by strong third-quarter earnings and revenue performance.

Guidewire Software reported a record third quarter with sales activity ranking as the third best in the company's history. The company's total revenue for the quarter ended April 2025 was $293.5 million, marking a 22% increase compared to the same period in fiscal 2024. This performance exceeded analyst expectations, which had projected revenue of $286.4 million.

The strong financial results reflect Guidewire's robust market momentum across all tiers and regions of the property and casualty (P&C) insurance industry. The company's non-GAAP profit of $0.88 per share was significantly higher than analysts' consensus estimates, indicating strong operational efficiency and profitability.

Guidewire's guidance for the next quarter's revenue was also better than expected, with a midpoint of $336 million, 1.1% above analysts' estimates. This positive outlook suggests continued growth and market confidence in the company's future performance.

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