Despite beating Q1 FY2024 revenue expectations, Guidewire's ...

Moomoo AI Dec 8, 2023 05:47

Despite beating Q1 FY2024 revenue expectations, Guidewire's softer Q2 2024 guidance and dwindling free cash flow signal future obstacles. The unimpressive ARR growth reveals limited dynamism, despite improving gross margins. Mixed results, despite potential shown in cash reserves and near break-even free cash flow margins.

Guidewire's (NYSE:GWRE) Q1 Sales Top Estimates But Quarterly Guidance Underwhelms

Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates. Read more

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