Guidewire Q3 revenue up 16% to $240.7M, non-GAAP net income $0.26/share vs loss of $0.08

Guidewire Software, Inc.

2024-Q3 EPS reported -$0.28 revenue$688,982,000

Total revenue $240.7M (+16% YoY); subscription & support revenue $138.0M (+28%).
GAAP net loss narrowed to $5.5M ($0.07/share) from $45.6M loss ($0.56/share) YoY.
Non-GAAP net income $21.7M ($0.26/share) vs prior-year loss of $6.4M ($0.08/share loss).
ARR reached $828M as of April 30, 2024, up from $763M at July 31, 2023.
Q4 FY2024 outlook: revenue $279-287M; non-GAAP operating income $43-51M.

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