SAN MATEO, Calif. (AP) _ Guidewire Software Inc. (GWRE) on Tuesday reported a loss of $40.7 million in its fiscal second quarter.

On a per-share basis, the San Mateo, California-based company said it had a loss of 49 cents. Losses, adjusted for stock option expense and non-recurring costs, came to 6 cents per share.

The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 11 cents per share.

The provider of software to the insurance industry posted revenue of $204.6 million in the period, which also beat Street forecasts. Three analysts surveyed by Zacks expected $197.5 million.

For the current quarter ending in May, Guidewire Software said it expects revenue in the range of $186 million to $190 million. Analysts surveyed by Zacks had expected revenue of $182.9 million.

The company expects full-year revenue in the range of $784 million to $792 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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