Guidewire Software (GWRE) Tops Q4 EPS by 36c; Guides Revenue Below Views
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Guidewire Announces Fourth Quarter and Fiscal Year 2023 Financial Results
September 7, 2023 4:15 PM EDTSAN MATEO, Calif.--(BUSINESS WIRE)-- Guidewire (NYSE: GWRE) today announced its financial results for the fiscal quarter and fiscal year ended July 31, 2023.
This was an exceptional fourth quarter with record demand for Guidewire Cloud Platform, completing an outstanding year for the Guidewire team and the broader community, said Mike Rosenbaum, chief executive officer, Guidewire. Sales activity in the quarter exceeded our expectations, adding to our confidence in achieving our mid-term and long-term financial targets.
We closed seventeen cloud deals in the fourth quarter, including eleven with Tier-1 insurers, resulting in better-than-expected... More
