Previous Close | 4.0000 |
Open | 0.2500 |
Bid | 0.0000 |
Ask | 0.6500 |
Strike | 105.00 |
Expire Date | 2024-07-19 |
Day's Range | 0.2500 - 0.3000 |
Contract Range | N/A |
Volume | |
Open Interest | 255 |
Q3 2024 Guidewire Software Inc Earnings Call
Stocks were rising Wednesday as expectations for Federal Reserve interest-rate cuts increased. Stitch Fix rose 23%. Not only did the personal styling company’s quarterly earnings come in stronger than expected, management raised its financial guidance for the fiscal year.
Shares of insurance industry-focused software maker Guidewire (NYSE:GWRE) jumped 16.3% in the morning session after the company announced a "beat and raise" quarter. Guidewire beat analysts' revenue, billings, and ARR (annual recurring revenue) expectations. Its full-year ARR guidance also beat Wall Street's estimates. One negative was that its gross margin decreased, but it didn't matter much in the face of a "beat-and-raise" quarter. Zooming out, we think this was a solid quarter, showing the