Guidewire Software (GWRE) Tops Q1 EPS by 4c
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Guidewire Software (GWRE) Reports Solid 1Q Earnings; UBS Raises Price Target to $70
December 2, 2015 8:26 AM ESTUBS reiterated a Buy rating on Guidewire (NYSE: GWRE), and raised the price target to $70.00 (from $68.00), following the company's 1Q earnings report. GWRE reported revenues of $82.3M, beating the Street's $81.3M estimate. EPS of $0.07 came in above Street estimates of $0.03. GWRE's focus on reducing total cost of ownership is paying off, as 7 out of 12 golives this quarter came in under one year's time. Management raised... More
