secwatch.observer — SEC 8-K summary
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Issuer:     Guidewire Software, Inc. (GWRE)
CIK:        0001528396
Form:       8-K
Filed at:   2024-03-07T23:59:59+00:00
Accession:  0001528396-24-000016
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Guidewire Q2 revenue $240.9M; ARR $800M; raises FY2024 ARR outlook to $852-862M
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- Total revenue $240.9M (+4% YoY); subscription & support revenue $131.6M (+24% YoY).
- ARR $800M (up from $763M Jul 2023); FY2024 ARR outlook raised to $852-862M.
- GAAP net income $9.7M ($0.12 EPS) vs net loss $9.2M; non-GAAP EPS $0.46.
- Non-GAAP operating income $25.7M vs $15.1M; operating cash flow outlook $120-140M.
- Completed 11 cloud deals in Q2; services revenue down 29% as SI partners lead more engagements.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1528396/000152839624000016/0001528396-24-000016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1528396/000152839624000016/gwre-20240307.htm
  HTML page:      https://secwatch.observer/filing/0001528396-24-000016

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