By Dean Seal
Shares of Guidewire Software shot up after the company offered a rosier revenue outlook for the fiscal year ahead than analysts had been forecasting.
The insurance-software provider said it expects $1.39 billion to $1.41 billion in revenue for fiscal 2026, with $315 million to $321 million of that coming in the first quarter that started Aug. 1.
Analysts polled by FactSet had been projecting less than $1.36 billion for the full year and $301 million in the first quarter.
Shares jumped 14% to $248 after hours.
For the last quarter of fiscal 2025, Guidewire reported a profit of $52 million, or 60 cents a share, compared with $16.8 million, or 20 cents a share, in the same quarter a year earlier.
Stripping out one-time items, adjusted earnings were 84 cents a share. Analysts surveyed by FactSet had been expecting 63 cents a share.
Revenue rose 22% to $356.6 million, ahead of analyst estimates for $338 million, according to FactSet.
Subscription and support revenue were up 33% at $201.9 million, while license revenue rose 5% to $93.6 million and services revenue gained 20% to $61 million.
Write to Dean Seal at dean.seal@wsj.com
(END) Dow Jones Newswires
September 04, 2025 16:50 ET (20:50 GMT)
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