secwatch.observer — SEC 8-K summary
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Issuer:     Guidewire Software, Inc. (GWRE)
CIK:        0001528396
Form:       8-K
Filed at:   2022-12-06T23:59:59+00:00
Accession:  0001528396-22-000127
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Guidewire Q1 FY2023 revenue $195.3M (+18% YoY); ARR $673M, guides FY2023 ARR $745-760M
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- Total revenue $195.3M (+18% YoY); subscription & support revenue $99.1M (+25%).
- GAAP net loss $69.3M ($0.83/sh) vs $51.3M ($0.62/sh) a year ago; Non-GAAP net loss $9.9M ($0.12/sh) vs $18.1M ($0.21/sh).
- ARR $673M at Oct 31, up from $664M at Jul 31; Q2 FY2023 ARR outlook $695-700M, FY2023 ARR $745-760M.
- Board authorized $400M share repurchase; entered $200M ASR, received initial 2.58M shares.
- Cash and investments $0.9B, used $87.4M in operations in the quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1528396/000152839622000127/0001528396-22-000127-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1528396/000152839622000127/gwre-20221206.htm
  HTML page:      https://secwatch.observer/filing/0001528396-22-000127

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