earnings
confidence high
sentiment neutral
materiality 0.75
Guidewire Q3 FY2022 revenue up 20% to $197M, ARR rises to $637M, net loss widens
Guidewire Software, Inc.
2022-Q3 EPS reported
-$1.79
revenue$568,015,000
- Total revenue $197.4M (+20% YoY); subscription & support $86.9M (+34%); ARR $637M vs $582M at July 2021.
- GAAP net loss $57.4M ($0.69/share) vs $36.6M ($0.44) a year ago; non-GAAP net loss $21.8M ($0.26/share).
- Q4 FY2022 guidance: ARR $668-674M, total revenue $226-232M, non-GAAP operating income/loss ($2M to $4M).
- FY2022 guidance: total revenue $794-800M, non-GAAP operating loss $47-53M, operating cash flow $10-20M.
- Cash, equivalents & investments $1.1B at April 30, down from $1.3B at July 31, 2021; used $121.5M operations cash in 9 months.