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Guidewire Software Inc. (GWRE) Set A New High After Q2 Report

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3/15/2012 7:20 AM ET

Guidewire Software Inc. (GWRE: Quote) reported second quarter adjusted net income of $0.16 per share after the bell Tuesday, compared to $0.17 per share last year. The consensus estimate was for a loss of $0.03.

Guidewire Software gapped up sharply Wednesday and climbed in early trade, but settled into a narrow range for the majority of the session. Shares finished up by 4.39 at $30.04. The stock rose to its highest level since it began trading on January 25.

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by RTT Staff Writer

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