CORRECTION: Guidewire Software Sees FY24 Revenue $968M-$976M Vs $965.104M Est.
Portfolio Pulse from Benzinga Newsdesk
Guidewire Software has updated its FY24 revenue guidance to a range of $968 million to $976 million, surpassing the previous estimate of $965.104 million.
June 04, 2024 | 8:23 pm
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POSITIVE IMPACT
Guidewire Software has increased its FY24 revenue guidance to $968 million to $976 million, which is higher than the previous estimate of $965.104 million. This positive revision indicates strong business performance and could boost investor confidence.
The upward revision in revenue guidance suggests that Guidewire Software is performing better than expected. This is likely to be viewed positively by investors, potentially leading to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100