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Duck Creek Technologies Announces Second Quarter Fiscal 2021 Financial Results

Published Apr 05 2021 at 8:05 PM GMT
Benzinga

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  • Second Quarter Fiscal 2021 Subscription revenue grew 51% year-over-year SaaS Annual Recurring Revenue grew 75% year-over-year BOSTON, April 05, 2021 (GLOBE NEWSWIRE) -- Duck Creek Technologies (NASDAQ:DCT), a provider of SaaS-delivered enterprise software to the property"& casualty ("P&C") insurance industry, today announced its financial results for the three and six months ended February"28, 2021.
  • "Duck Creek delivered strong second quarter results, as our continued market momentum drove 51% subscription revenue growth," said Michael Jackowski, Duck Creek's Chief Executive Officer.
  • "Our growing number of SaaS wins, across all segments of the market, highlights that Duck Creek OnDemand can successfully scale from solutions for regional insurers to serving as the global platform for the most demanding Tier 1 Insurers.
  • "?????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????"' Mr.
  • Jackowski added, "Many P&C carriers have embraced the need for true digital transformation and have recognized that a SaaS-based core systems platform is a competitive differentiator.
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  • Published Apr 5, 2021 8:05 PM GMT