Guidewire Software is delivered a mixed set of results in the recent quarter with revenues above Wall Street expectations. However, the company’s bottom-line losses were significantly wider than analyst expectations. Both ARR and subscription revenue and particularly subscription and support gross margin, finished ahead of the expectations of the management. In the quarter, Guidewire added another four cloud platform wins. HazardHub was also seen to accelerate in the quarter, highlighted by an expressive deal at Frontline Insurance Company. There was a growth in the number of Guidewire consultants at the systems integrators. Nineteen solution partners joined the marketplace of Guidewire. At Connections, the company announced Faline, its sixth platform release. Flaine introduces a new approach to releasing updates and delivering improved self-service tooling for faster production. Also, the company released its digital framework, Jutro which enables customers to launch innovative digital experiences built on InsuranceSuite easily and quickly. In the quarter, Guidewire Software executed several new InsuranceSuite production deployments on the Guidewire Cloud Platform, including DEFINITY Insurance. We give Guidewire Software a ‘Hold’ rating with a revised target price.
Our Report Structure:
⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
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