Guidewire Software Q2 Earnings Call Highlights

Revenue for the quarter totaled $359 million, up 24% year-over-year and above the high end of the company’s outlook. Subscription and support revenue was $237 million, up 33%, which Cooper attributed to continued InsuranceSuite cloud momentum. Services revenue was $62 million, up 30% and ahead of expectations, driven by strong demand for Guidewire-led services programs, including increased field engineering activity delivered via the professional services organization.Cooper reported ARR of $1.121 billion a ...

Guidewire Software Q2 Earnings Call Highlights - Reportify