Duck Creek Technologies (DCT) Tops Q4 EPS by 1c, Offers Guidance

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Duck Creek Technologies Announces Fourth Quarter and Full Fiscal Year 2022 Financial Results

October 12, 2022 4:05 PM EDT

Fourth Quarter Fiscal 2022 Subscription revenue increased to $40.2 million, up 21% year-over-yearSaaS Annual Recurring Revenue (SaaS ARR) increased to $169.3 million, up 25% year-over-year

BOSTON, Oct. 12, 2022 (GLOBE NEWSWIRE) -- Duck Creek Technologies (NASDAQ: DCT), the intelligent SaaS solutions provider defining the future of property and casualty ("P&C") insurance, today announced its financial results for the fourth quarter and fiscal year ended August 31, 2022.

Duck Creeks fourth quarter performance was highlighted by improved deal activity as customer demand and interest in modernizing their core systems to Duck Creek... More