$GWRE - Guidewire Software Raises Guidance but Remains In-line with Fiscal Year Estimates

Guidewire Software, Inc. said it expects second quarter non-GAAP earnings of $0.09 to $0.12 per share on revenue of $81.6 million to $88.6 million and fiscal 2015 earnings of $0.43 to $0.50 per share on revenue of $366.7 million to $382.4 million. The company's previous guidance was for fiscal year earnings of $0.35 to $0.45 per share on revenue of $364.2 million to $381.9 million. The current consensus earnings estimate is $0.08 per share on revenue of $87.1 million for the quarter ending January 31, 2015 and $0.44 per share on revenue of $417.0 million for the year ending July 31, 2015.