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Duck Creek Technologies (NASDAQ: DCT) announced it is buying Prima XL. This is why.
BOSTON, June 08, 2022 (GLOBE NEWSWIRE) -- Duck Creek Technologies, Inc. (NASDAQ: DCT) (“Duck Creek”), a leading, global technology solutions provider to the property and casualty (P&C) insurance industry, announced today it will release its financial results for the third quarter of fiscal year 2022, ended May 31, 2022, after the U.S. financial markets close on Wednesday, June 29, 2022.
A rapid rise in spending on cloud infrastructure services is helping companies like 8x8, Inc. (EGHT), Duck Creek Technologies, Inc. (DCT), Paycom Software, Inc. (PAYC) and Veeva Systems Inc. (VEEV).
Duck Creek (DCT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).