secwatch.observer — SEC 8-K summary
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Issuer:     Guidewire Software, Inc. (GWRE)
CIK:        0001528396
Form:       8-K
Filed at:   2021-12-02T23:59:59+00:00
Accession:  0001528396-21-000116
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Guidewire Q1 FY2022 revenue $165.9M (-2% YoY); GAAP EPS -$0.62; ARR $594M; guides Q2 ARR $613-616M
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- Total revenue $165.9M, down 2% YoY; subscription & support $79.0M, up 36%; license $40.2M, down 38%.
- GAAP net loss $51.3M ($0.62/share) vs $20.2M ($0.24) YoY; Non-GAAP net loss $18.1M ($0.21) vs $14.4M income ($0.17).
- ARR $594M at Oct 31, 2021, exceeding guidance; FY2022 ARR guided $659-669M; Q2 $613-616M.
- Cash $1.1B; used $107M ops and $43.8M for Hazard Hub acquisition in Q1.
- FY2022 guidance: rev $780-790M, non-GAAP op loss ($58)-($48)M, operating cash flow $10-20M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1528396/000152839621000116/0001528396-21-000116-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1528396/000152839621000116/gwre-20211202.htm
  HTML page:      https://secwatch.observer/filing/0001528396-21-000116

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer