Guidewire Software Q4 Income Declines; Issues FY27 Outlook; Shares Down
India, Sept. 4 -- Guidewire Software, Inc. (GWRE), a P&C software company, reported lower income but higher adjusted earnings in the fourth quarter of 2026, compared to the same quarter previous year, mainly due to higher other expenses and the lack of tax benefit. Additionally, the company issued guidance for the first quarter of 2027 and the full year of 2027. In the overnight activity on the NYSE, the shares were trading 15.61 percent down at $171.19, after closing Thursday's trading 5.24 percent up. Net income for the period dropped to $31.40 million or $0.38 per share from $51.95 million or $0.60 per share in the same quarter last year. Excluding one-time items, adjusted income, on the other hand, rose to $83.14 million or $0.99 per sh...
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