earnings
confidence high
sentiment positive
materiality 0.70
Guidewire Q2 FY2022 revenue $204.6M (+14% YoY); subscription revenue up 42%
Guidewire Software, Inc.
2022-Q2 EPS reported
-$1.10
revenue$370,567,000
- GAAP net loss $40.7M ($0.49 EPS) vs net loss $8.7M ($0.10 EPS) YoY; non-GAAP net loss $4.8M ($0.06 EPS).
- ARR reached $620M as of Jan 31, 2022, up from $582M at July 31, 2021; Q2 ARR and revenue exceeded guidance.
- Cloud deals included 11 in the quarter; subscription revenue $84.3M (+42%); license revenue down 10% to $69.8M.
- Cash, cash equivalents, and investments $1.1B; used $11.2M to repurchase 0.1M shares, completing $200M buyback.
- Q3 FY2022 outlook: ARR $632M-$635M; total revenue $186M-$190M; non-GAAP operating loss $25M-$29M.