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Guidewire Software Posts Better-Than-Expected Q3 Report, But Stock Drops

Benzinga·
Guidewire Software Posts Better-Than-Expected Q3 Report, But Stock Drops

Guidewire Software Inc.  (NYSE: GWRE ) posted its third-quarter results after Thursday’s closing bell. Here's a look at the details inside the report.  GWRE stock is moving. Watch the price action here. Guidewire Q3 Details         Guidewire Software reported quarterly adjusted earnings of 82 cents per share, which beat the 74 cent analyst estimate Quarterly revenue came in at $372.54 million, which beat the Street estimate of $355.95 million. Subscription and support revenue was $244.7 million, an increase of 35%; license revenue was $56 million, a decrease of 2%; and services revenue was $71.8 ... Full story available on Benzinga.com

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