secwatch.observer — SEC 8-K summary
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Issuer:     Guidewire Software, Inc. (GWRE)
CIK:        0001528396
Form:       8-K
Filed at:   2023-09-07T23:59:59+00:00
Accession:  0001528396-23-000075
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Guidewire reports record cloud demand in Q4; FY2023 revenue $905M (+11%), GAAP net loss narrows
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- FY2023 total revenue $905.3M, up 11% YoY; subscription & support revenue $429.7M, up 25%.
- GAAP net loss $111.9M ($1.36/share) vs loss $180.4M ($2.16) prior year; non-GAAP net income $29.2M ($0.35).
- Q4 cloud deals closed: 17 (11 Tier-1); ARR $763M, up 15% YoY constant currency.
- FY2024 guidance: ARR $846M–$858M, revenue $976M–$986M, non-GAAP op income $62M–$72M, op cash flow $95M–$125M.
- Repurchased 4.04M shares for $261.8M in FY2023; $138.2M remains under $400M buyback program.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1528396/000152839623000075/0001528396-23-000075-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1528396/000152839623000075/gwre-20230907.htm
  HTML page:      https://secwatch.observer/filing/0001528396-23-000075

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