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Guidewire Fiscal Q4 Non-GAAP Earnings Decline, Revenue Rises; Outlook Set -- Shares Up
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Guidewire Fiscal Q4 Non-GAAP Earnings Decline, Revenue Rises; Outlook Set -- Shares Up
Sep 6, 2024 1:19 PM

04:49 PM EDT, 09/05/2024 (MT Newswires) -- Guidewire Software ( GWRE ) reported fiscal Q4 non-GAAP earnings late Thursday of $0.62 per diluted share, down from $0.74 a year earlier.

Analysts polled by Capital IQ expected $0.54.

Revenue for the quarter ended July 31 rose to $291.5 million from $270 million a year earlier.

Analysts surveyed by Capital IQ expected $283.9 million.

The company said it expects fiscal Q1 revenue between $251 million and $257 million. Analysts polled by Capital IQ expect $236.3 million.

The company said it expects fiscal 2025 revenue between $1.14 billion and $1.15 billion. Analysts surveyed by Capital IQ expect $1.09 billion.

The company's shares were rising 7% in after-hours activity.

Price: 153.97, Change: +10.04, Percent Change: +6.98

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