DCT Stock Recent News

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.

Guidewire Software Inc. ( GWRE , Financial) is a stock I looked at in the past but had passed over at the time because I thought it was too expensive. Recently, it popped up on my radar again because the price looks much more reasonable now.

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.

Duck Creek Technologies is a vendor of core systems for the property and casualty insurance business that offers software as a service. Overall, I believe that they seem to offer an okay product to the market, but nothing extraordinary.

Duck Creek Technologies (NASDAQ: DCT) stock dropped almost 20% after the corporation trimmed its revenue guidance outlook for its full fiscal year, missing analyst consensus estimates. Duck Creek recorded an adjusted EPS of $0.01 in the third quarter, which was down 3 cents.