Guidewire's Earnings: A Key Moment for Insurance Software

Guidewire Software, an insurance software provider, is set to announce its latest earnings results this Wednesday, following a strong performance last quarter. The company beat revenue expectations by nearly six percent, reporting revenues of $356.6 million, a twenty-two percent increase from the previous year. Analysts predict a twenty-one percent year-over-year revenue growth for this quarter, reaching $388 million, with adjusted earnings of $0.61 per share. Guidewire has a strong track record of exceeding revenue expectations, missing them only once in the last two years. Competitors like Alarm.com and Manhattan Associates also reported positive results, indicating a favorable market sentiment for the industry.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.