DCT Stock Recent News

Duck Creek Technologies DCT, +15.16% stock rose 39% in premarket trades Monday after the property and casualty insurance software and services provider agreed to be taken private by Vista Equity Partners for $19 a share in a deal valued at $2.6 billion. The price of $19 a share is a 46% premium to Duck Creek's closing stock level on Friday.

Duck Creek Technologies, Inc. (NASDAQ:DCT ) Q1 2023 Results Conference Call January 5, 2023 5:00 PM ET Company Participants Brian Denyeau - IR, ICR Mike Jackowski - CEO Kevin Rhodes - CFO Conference Call Participants Dylan Becker - William Blair Saket Kalia - Barclays Parker Lane - Stifel Strecker Backe - Wolfe Research Peter Heckmann - D.A. Davidson Rishi Jaluria - RBC Alex Sklar - Raymond James Operator Thank you for standing by, and welcome to Duck Creek Technologies' First Quarter Fiscal Year 2023 Earnings Call.

Duck Creek Technologies plans to acquire Imburse Payments to add digital transformation tools for insurers. The acquisition will add Imburse's digital payments capabilities built for insurers to Duck Creek's range of Software-as-a-Service (SaaS) solutions for property and casualty (P&C) and general insurers, the companies said in a Thursday (Jan. 5) press release.

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DCT is the second largest provider with strong SaaS capabilities and low-code configurability. The business is still growing at double digits during the economic downturn without debt and share dilution.

BOSTON, Dec. 15, 2022 (GLOBE NEWSWIRE) -- Duck Creek Technologies, Inc. (NASDAQ: DCT) (“Duck Creek”), the intelligent solutions provider defining the future of property and casualty (P&C) insurance, announced today it will release its financial results for the first quarter of fiscal 2023, ended November 30, 2022, after the U.S. financial markets close on Thursday, January 5, 2023.

Duck Creek Technologies, Inc. (NASDAQ:DCT ) Q4 2022 Earnings Conference Call October 12, 2022 5:00 PM ET Company Participants Brian Denyeau - IR, ICR, Inc. Michael Jackowski - Chief Executive Officer Kevin Rhodes - Chief Financial Officer Conference Call Participants Dylan Becker - William Blair Alex Sklar - Raymond James Rishi Jaluria - RBC Capital Markets Parker Lane - Stifel Saket Kalia - Barclays Alex Zukin - Wolfe Research Peter Heckman - D.A. Davidson Kyle Peterson - Needham & Company Presentation Operator Good day, and thank you for standing by.

SBS, a prominent provider of claims replacement solutions, is the newest member of Duck Creek's powerful partner ecosystem SBS, a prominent provider of claims replacement solutions, is the newest member of Duck Creek's powerful partner ecosystem

BOSTON, Sept. 21, 2022 (GLOBE NEWSWIRE) -- Duck Creek Technologies, Inc. (NASDAQ: DCT) (“Duck Creek”), the intelligent solutions provider defining the future of property and casualty (P&C) insurance, announced today it will release its financial results for the fourth quarter and full year, ended August 31, 2022, after the U.S. financial markets close on Wednesday, October 12, 2022.

Duck Creek is the leader in cloud-based core business solutions for the short-term insurance industry. It serves an underpenetrated market (only 10% penetrated) and has low market share (only 8%). This means its runway for revenue growth is substantial.