From Zacks Investment Research: 2025-06-04 08:20:00

Guidewire Software, Inc (GWRE) reported a surge in Q3 EPS to $0.88, beating estimates by 91.3% with a 22% Y/Y revenue increase. Guidewire Cloud secured 17 new wins with Tier 1 and Tier 2 insurers. The FY25 revenue outlook was raised to $1.178-$1.186B, with ARR expected at $1.012-$1.022B. Subscription and support revenues increased by 32%, license revenues by 2%, and services revenues by 17%. Non-GAAP gross margin expanded to 65.5%. Cash and cash equivalents were $1,243.7 million. GWRE expects Q4 revenues between $332-$340 million and non-GAAP operating income of $52-$60 million. In comparison, CoreWeave reported a record $981.6 million in revenues with a 420% Y/Y increase, while Atlassian Corporation saw a 21.4% Y/Y revenue increase to $1.36 billion. Zoom Communications Inc. reported a 2.93% Y/Y revenue increase to $1.175 billion.



Read more at Zacks Investment Research: Guidewire’s Q3 Earnings & Revenues Beat Estimates, Stock Surges – June 4, 2025