Guidewire Software Inc. issued its outlook for the first fiscal quarter and fiscal year of 2020.
For the quarter, the company expects revenue to be between $149 million and $153 million, a GAAP net loss of between $23.4 million and $26.5 million, or a loss per-share range of 29 cents to 32 cents. Non-GAAP net income is expected to be between $600,000 and $4 million, or between 1 cent per share and 5 cents per share.
The S&P Global Market Intelligence normalized EPS estimate for the quarter is 3 cents per share.
For the year, Guidewire Software expects revenue of $759 million to $771 million and a GAAP net loss of $21.7 million to $30.7 million, or a per-share loss of 26 cents to 37 cents. Non-GAAP net income should be in the range of $92.4 million and $102.3 million, or $1.10 per share to $1.22 per share.
The S&P Global Market Intelligence normalized EPS estimate for the fiscal year is $1.17 per share.
