5 Notable Earnings Reports to Watch

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In this article, we discuss the 5 notable earnings reports to watch. If you want to read our detailed analysis of these companies, go directly to the 11 Notable Earnings Reports to Watch.  

5. Guidewire Software, Inc. (NYSE:GWRE)

Number of Hedge Fund Holders: 27

Shares of Guidewire Software, Inc. (NYSE:GWRE) rose more than three percent in the after-hours trading session on Tuesday, March 8, 2022, after posting a narrower-than-expected loss for its fiscal second quarter.

Guidewire Software, Inc. (NYSE:GWRE) reported an adjusted loss of 6 cents per share, lower than the consensus forecast for a loss of 11 cents per share. Revenue came in at $204.6 million, topping expectations of $197.48 million.

Follow Guidewire Software Inc. (NYSE:GWRE)

In addition, Guidewire Software, Inc. (NYSE:GWRE) disclosed its segment-wise sales performance. Its subscription and support revenue climbed 42 percent to $84.3 million, while services revenue jumped 19 percent to $50.5 million in the quarter. On the downside, license revenue for the quarter fell 10 percent to $69.8 million.

The California-based software company also released the sales outlook for its fiscal third quarter. Guidewire Software, Inc. (NYSE:GWRE) expects to generate revenue in the range of $186 – $190 million.

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