SAN MATEO, Calif. (AP) _ Guidewire Software Inc. (GWRE) on Tuesday reported a loss of $57.4 million in its fiscal third quarter.
On a per-share basis, the San Mateo, California-based company said it had a loss of 69 cents. Losses, adjusted for one-time gains and costs, were 26 cents per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 30 cents per share.
The provider of software to the insurance industry posted revenue of $197.4 million in the period.
For the current quarter ending in July, Guidewire Software said it expects revenue in the range of $226 million to $232 million. Analysts surveyed by Zacks had expected revenue of $228 million.
The company expects full-year revenue in the range of $794 million to $800 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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