Guidewire Software (GWRE) Tops Q1 EPS by 7c, Offers Q2 & FY Guidance
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Guidewire Software Announces First Quarter Fiscal 2017 Financial Results
November 29, 2016 4:15 PM ESTFOSTER CITY, Calif.--(BUSINESS WIRE)-- Guidewire Software, Inc. (NYSE: GWRE), a provider of software products to Property and Casualty insurers, today announced its financial results for the fiscal quarter ended October 31, 2016.
Revenue and profitability exceeded our guidance for the first quarter, said Marcus Ryu, chief executive officer, Guidewire Software. We continue to see P/C insurers of all sizes undertaking transformation programs to compete in a more digital and data-driven future. Our product strategy of unifying a transactional core with digital and data solutions matches this demand, as reflected by strong interest in our... More
