Guidewire Sees Q4 Revenue $255M-$265M vs $258.63M Est., Sees FY23 Revenue $890M-$900M vs $903.43M Est.
Portfolio Pulse from Benzinga Newsdesk
Guidewire Software (GWRE) expects Q4 revenue to be between $255M-$265M, compared to the estimated $258.63M, and FY23 revenue to be between $890M-$900M, lower than the estimated $903.43M.
June 01, 2023 | 8:19 pm
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NEGATIVE IMPACT
Guidewire Software's Q4 and FY23 revenue projections are slightly below estimates, which may impact its stock price.
Guidewire Software's projected Q4 and FY23 revenues are below the estimates, which may lead investors to believe that the company is underperforming. This could result in a negative impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100