SAN MATEO, Calif. (AP) _ Guidewire Software Inc. (GWRE) on Tuesday reported a loss of $69.3 million in its fiscal first quarter.

On a per-share basis, the San Mateo, California-based company said it had a loss of 83 cents. Losses, adjusted for stock option expense and pretax expenses, were 12 cents per share.

The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 39 cents per share.

The provider of software to the insurance industry posted revenue of $195.3 million in the period, which also beat Street forecasts. Five analysts surveyed by Zacks expected $190.5 million.

For the current quarter ending in January, Guidewire Software said it expects revenue in the range of $221 million to $226 million. Analysts surveyed by Zacks had expected revenue of $189.1 million.

The company expects full-year revenue in the range of $886 million to $896 million.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GWRE at https://www.zacks.com/ap/GWRE

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