04:40 PM EST, 12/05/2024 (MT Newswires) -- Guidewire Software ( GWRE ) reported fiscal Q1 non-GAAP earnings late Thursday of $0.43 per diluted share, compared with breakeven a year earlier.

Analysts polled by FactSet expected $0.30.

Revenue for the quarter ended Oct. 31 rose to $262.9 million from $207.4 million a year earlier.

Analysts surveyed by FactSet expected $253.9 million.

The company said it expects fiscal Q2 revenue between $282 million and $288 million. Analysts polled by FactSet expect $279.4 million.

The company said it expects fiscal 2025 revenue between $1.16 billion and $1.17 billion. The company previously expected revenue between $1.14 billion and $1.15 billion. Analysts surveyed by FactSet expect $1.14 billion.

Shares of Guidewire Software ( GWRE ) were down more than 4% in after-hours trading.