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Guidewire Software climbs after strong earnings; guides FY22 revenue above estimates

  • Guidewire Software (NYSE:GWRE) up 7% after yesterday's fiscal fourth-quarter results beat top and bottom-line estimates.
  • Total revenue was down 6% Y/Y to $229.4M. Subscription and support revenue grew 29% to $70M. License revenue totaled $109.7M (-20%), and services sales were $49.8M, down 4%.

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