initial public offerings (IPOs) trading on American exchanges

Wednesday, June 6, 2012

Earnings: Guidewire Software Inc. (GWRE)

 ** weekly **

Guidewire Software Inc.'s (GWRE) fiscal third-quarter earnings fell 89% amid a year-earlier tax benefit, masking double-digit percentage revenue growth across the insurance-software maker's business segments. Shares rose 2.9% to $24.96 in after-hours trading as the company's adjusted earnings exceeded expectations of analysts, which had expected an adjusted loss.

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