Guidewire's Q4 Earnings and Revenues Top Estimates, Stock Rises

Guidewire Software (GWRE) reported non-GAAP earnings per share (EPS) of 62 cents in fourth-quarter fiscal 2024 (ended July 31, 2024). The figure surpassed the Zacks Consensus Estimate by 19.2%. However, EPS declined 16% from the year-ago reported actuals. The company reported revenues of $291.5 million, up 8% year over year. Revenues surpassed the Zacks Consensus Estimate by 3%. The figure also came ahead of the company's guided range of$ 279-$287 million. The uptick was driven by solid deal volume across a ...