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Duck Creek Technologies Inc ( NASDAQ: DCT ) opened nearly 50% up this morning after Vista Equity Partners said it will buy the insurance software company for $2.6 billion. Details of the Duck Creek-Vista Equity deal The agreement translates to $19 a share – about a 46% premium ...
DCT SPECIAL ALERT: Julie & Holleman Investigates Potential Legal Claims Related to Acquisition of Duck Creek Technologies, Inc. DCT SPECIAL ALERT: Julie & Holleman Investigates Potential Legal Claims Related to Acquisition of Duck Creek Technologies, Inc. PR Newswire ...
Duck Creek Technologies ( NASDAQ: DCT ) planned sale to private equity firm Vista Equity Partners was part of a competitive sales process, according to CNBC. Duck Creek ( DCT ) shares surged 47% after the company's $19/share sale to Vista Equity was announced earlier Monda...
Duck Creek Technologies' shares rose ~50% after the company announced an acquisition interest by the investment firm Vista Equity Partners. Vista is set to acquire the property and casualty insurance provider Duck Creek Technologies ( NASDAQ: DCT ) in ~$2.6B all-cash transaction. ...
Duck Creek shareholders to receive $19.00 per share in cash Deal price represents a 64% premium to the 30-day VWAP Duck Creek to become a privately held company upon completion of the transaction BOSTON, Jan. 09, 2023 (GLOBE NEWSWIRE) -- Duck Creek Technologies (NASDAQ: DCT),...
Summary The P&C industry is large, which means multiple players can coexist. Duck Creek Technologies' software addresses the challenges faced by legacy systems. The Duck Creek Technologies management outlook for FY23 seems good, despite the challenging macro environment. ...
Duck Creek Technologies, Inc. (DCT) Q1 2023 Results Conference Call January 05, 2023 05:00 PM ET Company Participants Brian Denyeau - IR, ICR Mike Jackowski - CEO Kevin Rhodes - CFO Conference Call Participants Dylan Becker - William Blair Saket Kalia -...
Duck Creek Technologies press release ( NASDAQ: DCT ): Q1 Non-GAAP EPS of $0.02 beats by $0.02 . Revenue of $80.6M (+9.8% Y/Y) beats by $4M . outlook for the second quarter of fiscal 2023 - Revenue is expected between $79.5M TO $81.5M vs $81.52M Consensus. Non-...
First Quarter Fiscal 2023 Subscription revenue increased to $43.8 million, up 23% year-over-year SaaS Annual Recurring Revenue (“SaaS ARR”) increased to $180.6 million, up 24% year-over-year BOSTON, Jan. 05, 2023 (GLOBE NEWSWIRE) -- Duck Creek Technologies (NASDA...
Duck Creek Technologies ( NASDAQ: DCT ) to acquire Imburse Payments, a Swiss-based modern payments platform. Imburse’s cloud-native software-as-a-service (or SaaS) payment solution is built for the insurance industry. The modern payments platform brings greater ease and...
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BOSTON, Oct. 02, 2023 (GLOBE NEWSWIRE) -- Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, extends support to ecosystem partner Hyland and sponsors its CommunityLIVE user conference , which takes place Oc...
BOSTON, Sept. 21, 2023 (GLOBE NEWSWIRE) -- Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, announces today the winners for the company’s inaugural 2023 Duck Creek Technologies Partner of the Year Awar...
Boston, Aug. 31, 2023 (GLOBE NEWSWIRE) -- Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, announces Southern Trust Insurance (“Southern Trust”) as the latest insurance carrier to embrace Duck...