These Analysts Boost Their Forecasts On Guidewire Software Following Upbeat Q4 Results

Guidewire Software, Inc. GWRE reported better-than-expected fourth-quarter financial results on Thursday. Total revenue rose 8% Y/Y to $291.5 million, beating the consensus of$283.9 million. Subscription and support revenue increased by 29% Y/Y to $151.8 million, while license revenue decreased by 12$88.9 million. Also, Services revenue fell by 2% to $50.8 million in the quarter. Adjusted income from operations increased to$49.0 million from $44.7 million a year ago quarter. Adjusted EPS of 62 ce ...