Duck Creek Technologies (DCT) Shares Fall 9% on Weak Q3 Revenue Guidance
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Duck Creek Technologies Announces Second Quarter Fiscal 2022 Financial Results
March 31, 2022 4:05 PM EDTSecond Quarter Fiscal 2022 revenue grew 22% year-over-yearSaaS Annual Recurring Revenue grew 28% year-over-year
BOSTON, March 31, 2022 (GLOBE NEWSWIRE) -- Duck Creek Technologies (NASDAQ: DCT), a provider of SaaS-delivered enterprise software to the property & casualty (P&C) insurance industry, today announced its financial results for the three and six months ended February 28, 2022.
Duck Creeks second quarter results reflected continued adoption of Duck Creek OnDemand by customers across all tiers. New and existing customer interest on moving their critical core systems to the cloud remains very strong and is viewed as essential to their success, said Michael Jackowski, Duck Creeks Chief Executive... More

