Guidewire Beats Earnings but Shares Drop on Revenue Number
Guidewire Software tumbled after hours Thursday, dropping 13.77% to $130.36 by 18:57 EDT, according to MarketScreener. The insurance-software firm beat estimates for the quarter, but recurring revenue guidance was a little soft and weighed on the stock. Shares had ended the regular NYSE trading down 2.48% at $151.17.
