To the extent that the Company provides guidance on a non-GAAP basis, it does not provide reconciliations of such forward-looking non-GAAP measures to GAAP due to the inherent difficulty in forecasting and quantifying certain amounts that are necessary for such reconciliation, including adjustments that could be made for the charges reflected in the Companys reconciliation of historic numbers, the amount of which, based on historical experience, could be significant. In order to facilitate a clear understanding of its consolidated historical operating results, readers should examine Duck Creeks non-GAAP financial measures in conjunction with its historical GAAP financial information. Non-GAAP net income per share was $0.03 for the fourth quarter of fiscal year 2022, compared with a non-GAAP net income per share of $0.02 for the comparable period in the fiscal year 2021, based on fully diluted weighted average shares outstanding of approximately 133.9 million shares and 134.8 million shares, respectively. Duck Creek is providing certain guidance on a non-GAAP basis, but is not providing reconciliations of such forward-looking non-GAAP measures to GAAP due to the inherent difficulty in forecasting and quantifying certain amounts that are necessary for such reconciliation, including adjustments that could be made for the charges reflected in Duck Creeks reconciliation of historic numbers, the amount of which, based on historical experience, could be significant. These non-GAAP financial measures are not universally consistent calculations, limiting their usefulness as comparative measures. Authenticity, purpose, and transparency are core to Duck Creek, and we believe insurance should be there for individuals and businesses when, where, and how they need it most. Any forward-looking statement in this release speaks only as of the date of this release. During the quarter we signed eight Duck Creek OnDemand wins, with a healthy mix of new and existing customers and a number of multi-product wins. Black Canyon Creek Distance: 74.24km Recommended Sightseeing Time: 0.5-1 day Address: Black Canyon Creek, Arizona 85324, USA What travelers say: Racepoint Global Our market-leading solutions are available on a standalone basis or as a full suite, and all are available via Duck Creek OnDemand. Duck Creek Technologies (NYSE:DCT) Coverage Initiated by Analysts at Non-GAAP net income per share was $0.06, based on basic weighted average shares outstanding of 127.4 million. We are at an exciting time in our history with the global P&C insurance industry at what we believe is the early stages of a generational shift to cloud technologies for their core systems. Duck Creek believes that these non-GAAP financial measures and other metrics provide useful information to management and investors regarding certain financial and business trends relating to Duck Creeks financial condition and results of operations. Molly Brown House Museum Opening Hours: Open on 10:00-17:00 Distance: 7.81km Recommended Sightseeing Time: 1 hour Address: 1340 Pennsylvania St, Denver, CO 80203, USA What travelers say: : "A museum on the side of the park is a very beautiful old house. Recommended Sightseeing Time: 2-3 hours. Great places to go near Montezuma Well (Montezuma Castle National Duck Creek is proud to have pioneered cloud-based mission-critical systems for the P&C insurance industry to deliver a best-in-class customer experience. Get started Development & IT Talent Software QA Testers United States Florida US$15/hr Michelle H. Software QA Tester 5.0 (54 jobs) Software QA Testing Mobile App Testing Smartphone Communications Manual Testing Duck Creeks fourth quarter was an excellent finish to an incredible year for the company, highlighted by 54% growth in subscription revenue, said Michael Jackowski, Duck Creeks Chief Executive Officer. Bago Maze & Vineyards Opening Hours: Open tomorrow at 09:00 Distance: 7.8km Address: Milligan's Road, Wauchope, New South Wales 2444, Australia Bago Maze & Vineyards No comments yet View Great places to go near Hercules Field in July (updated in 2023) Hire the best QA Manual Testing Freelancers in Florida - Upwork 617 624 3295 Important factors, risks and uncertainties that could cause actual results to differ materially from such plans, estimates or expectations include but are not limited to: (i) the completion of the merger on the anticipated terms and timing, including obtaining required stockholder and regulatory approvals, and the satisfaction of other conditions to the completion of the merger; (ii) potential litigation relating to the merger that could be instituted against Duck Creek (the Company) or its directors, managers or officers, including the effects of any outcomes related thereto; (iii) the risk that disruptions from the merger (including the ability of certain customers to terminate or amend contracts upon a change of control) will harm the Companys business, including current plans and operations, including during the pendency of the merger; (iv) the ability of the Company to retain and hire key personnel; (v) potential adverse reactions or changes to business relationships resulting from the announcement or completion of the merger; (vi) legislative, regulatory and economic developments; (vii) potential business uncertainty, including changes to existing business relationships, during the pendency of the merger that could affect the Companys financial performance; (viii) certain restrictions during the pendency of the merger that may impact the Companys ability to pursue certain business opportunities or strategic transactions; (ix) unpredictability and severity of catastrophic events, including but not limited to acts of terrorism, outbreaks of war or hostilities or the COVID-19 pandemic, as well as managements response to any of the aforementioned factors; (x) the possibility that the merger may be more expensive to complete than anticipated, including as a result of unexpected factors or events; (xi) the occurrence of any event, change or other circumstance that could give rise to the termination of the merger, including in circumstances requiring the Company to pay a termination fee; (xii) those risks and uncertainties set forth under the headings Special Note Regarding Forward Looking Statements and Risk Factors in the Companys most recent Annual Report on Form 10-K, as such risk factors may be amended, supplemented or superseded from time to time by other reports filed by the Company with the Securities and Exchange Commission (the SEC) from time to time, which are available via the SECs website at www.sec.gov; and (xiii) those risks that will be described in the proxy statement that will be filed with the SEC and available from the sources indicated below. GAAP loss from operations was $5.4 million for the fiscal year 2022, compared with a GAAP loss from operations of $15.4 million in fiscal year 2021. In particular, the following factors, among others, could cause results to differ materially from those expressed or implied by such forward-looking statements: the impact of pandemics, including the on-going COVID-19 pandemic, on U.S. and global economies, Duck Creeks business and results and financial condition, its employees, demand for its products, sales and implementation cycles, and the health of its customers and partners businesses; Duck Creeks history of losses; changes in Duck Creeks product revenue mix as it continues to focus on sales of its SaaS solutions, which will cause fluctuations in its results of operations and cash flows between periods; Duck Creeks reliance on orders and renewals from a relatively small number of customers for a substantial portion of its revenue, and the substantial negotiating leverage customers have in renewing and expanding their contracts for Duck Creeks solutions; the success of Duck Creeks growth strategy focused on SaaS solutions and its ability to develop or sell its solutions into new markets or further penetrate existing markets; Duck Creeks ability to manage its expanding operations; intense competition in Duck Creeks market; third parties may assert Duck Creek is infringing or violating their intellectual property rights; U.S. and global market and economic conditions, particularly adverse in the insurance industry; additional complexity, burdens and volatility in connection with Duck Creeks international sales and operations; the length and variability of Duck Creeks sales and implementation cycles; data breaches, unauthorized access to customer data or other disruptions of Duck Creeks solutions; control of Duck Creek by its controlling shareholders and perceived conflicts of interests; and Duck Creeks status as a controlled company within the meaning of the corporate governance standards of Nasdaq. These factors should not be construed as exhaustive and should be read in conjunction with the other forward-looking statements. Authenticity, purpose, and transparency are core to Duck Creek, and we believe insurance should be there for individuals and businesses when, where, and how they need it most. These non-GAAP financial measures have limitations as analytical tools and should not be considered in isolation from, or as a substitute for, the analysis of other GAAP financial measures, including net income and cash flows from operating activities. Visit www.duckcreek.com to learn more. This communication includes certain disclosures which contain forward-looking statements within the meaning of the federal securities laws, including but not limited to those statements related to the merger, including financial estimates and statements as to the expected timing, completion and effects of the merger. Duck Creek Technologies (NASDAQ: DCT) is the intelligent solutions provider defining the future of the property and casualty (P&C) and general insurance industry. Visitwww.duckcreek.comto learn more. GAAP loss from operations was $21.6 million for the fourth quarter of fiscal year 2020, compared with a GAAP loss from operations of $2.4 million for the comparable period in fiscal year 2019. Follow Duck Creek on our social channels for the latest information LinkedInandTwitter. You can identify forward-looking statements because they contain words such as expect, believe, target, project, goals, estimate, potential, predict, may, will, might, could, forecast, outlook and variations of these terms or the negative of these terms and similar expressions. BOSTON, Mass., January 26, 2021 (GLOBE NEWSWIRE) Duck Creek Technologies, Inc. (Nasdaq: DCT) ("Duck Creek"), a provider of SaaS-delivered enterprise software to the property & casualty ("P&C") insurance industry, announced today that it and certain of its stockholders have commenced a proposed underwritten public offering of a total of 8,000,0. Life at Duck Creek Today's insurance marketplace requires that carriers be faster, nimbler, and more creative than ever before. Project 2: Westfield Insurance, Duck Creek Technologies Conducted comprehensive testing by creating and executing test cases and scenarios, including functional and regression tests, to ensure the quality and reliability of software applications. Duck Creek Agrees to be Acquired by Vista Equity Partners for $2.6 Duck Creek Technologies (NYSE:DCT) Research Coverage Started at This communication is being made in connection with the merger. To avoid delays, we encourage participants to dial into the conference call fifteen minutes ahead of the scheduled start time. BOSTON, Oct. 20, 2020 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 fourth quarter and fiscal year ended August 31, 2020. Adjusted EBITDA excludes provision for income taxes, other (income) expense, interest (income) expense, net, depreciation of property and equipment, amortization of intangible assets, share-based compensation expense, change in fair value of contingent earnout liability, acquisition-related expenses, and severance expenses related to a workforce reduction. Forward-looking statements, including statements regarding the merger, are based on Duck Creeks current expectations and assumptions. Vista's investments are anchored by a sizable long-term capital base, experience in structuring technology-oriented transactions and proven, flexible management techniques that drive sustainable growth. DUCK CREEK TECHNOLOGIES, INC. : Industry and Sector Chart | DCT Duck Creek Technologies (NASDAQ: DCT) is the intelligent solutions provider defining the future of the property and casualty (P&C) and general insurance industry. Learn all about the innovation strategies P&C insurers are taking to scale new products globally. (RTTNews) - Duck Creek Technologies (DCT) has entered into a definitive agreement to be acquired by Vista Equity Partners for $19.00 per share, in an all-cash deal valued at approximately $2.6. 1.00 Acres Zoning Active Status MLS# 23-242606 Two lots have been combined to make this 1.01 acre lot that backs to Forest Service Land and ALL UTILITIES ARE IN PLACE INCLUDING THE SEPTIC! Basic and diluted weighted average shares outstanding were approximately 132.7 million shares for the quarter ended November 30, 2022. Non-GAAP gross margin excludes share-based compensation expense, amortization of intangible assets, amortization of capitalized internal-use software, and severance expenses related to a workforce reduction. The delivery of a record-breaking, full end-to-end small and medium-sized enterprises commercial Total revenue for the fourth quarter of fiscal year 2020 was $58.3 million, an increase of 22% from the fourth quarter in fiscal year 2019. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that may differ materially from those contemplated by the forward-looking statements, which are neither statements of historical fact nor guarantees or assurances of future performance. BEFORE MAKING ANY VOTING OR INVESTMENT DECISION, STOCKHOLDERS ARE URGED TO READ THE PROXY STATEMENT THAT WILL BE FILED WITH THE SEC (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) AND ANY OTHER RELEVANT DOCUMENTS THAT ARE FILED OR WILL BE FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE MERGER. ICR SaaS Net Dollar Retention is a rate calculated by annualizing recurring revenue recorded in the last month of the measurement period for those customers in place throughout the entire measurement period. A live webcast of the call will be available on the Investor Relations page of the Duck Creeks website at https://ir.duckcreek.com/. Evercore is acting as financial advisor to the Special Committee, and Paul, Weiss, Rifkind, Wharton & Garrison LLP is acting as legal counsel to the Special Committee. Non-GAAP income from operations excludes share-based compensation expense, amortization of intangible assets, change in fair value of contingent earnout liability, and acquisition-related expenses. Forward-looking statements, including statements regarding Duck Creeks expected outlook for second quarter fiscal 2023 and full year fiscal 2023, are based on Duck Creeks current expectations and assumptions. We are mindful of how fluid the macro environment is, but we are confident in Duck Creeks ability to drive continued, profitable growth. GAAP net loss was $5.2 million for the first quarter of fiscal year 2023, compared with GAAP net income of $0.7 million for the comparable period in fiscal year 2022. DUCK CREEK TECHNOLOGIES, INC. : Stock Chart Comparison | DCT Good afternoon, and welcome to Duck Creek's earnings conference call for the fourth quarter of fiscal year 2022, which ended on August 31. GAAP net loss was $8.3 million for the fiscal year 2022, compared with GAAP net loss of $16.9 million in fiscal year 2021. SaaS ARR was $180.6 million as of November 30, 2022, an increase of 24% from the comparable period in fiscal year 2022. We caution that you should not place undue reliance on any of our forward-looking statements. You should specifically consider the factors identified in this communication that could cause actual results to differ. The firm exclusively invests in enterprise software, data and technology-enabled organizations across private equity, permanent capital, credit and public equity strategies, bringing an approach that prioritizes creating enduring market value for the benefit of its global ecosystem of investors, companies, customers and employees. Prepaid expenses and other current assets, Common stock, 135,370,279 shares issued and 132,685,963 shares outstanding at, Treasury stock, common shares at cost; 2,684,316 shares at August 31, 2022 and, Accumulated other comprehensive (loss) income, Total liabilities and stockholders' equity, Change in fair value of contingent consideration, Net loss per share of common stock, basic and diluted, Weighted average shares of common stock, basic and diluted. Brian Denyeau Other metrics include SaaS ARR and SaaS Net Dollar Retention, which are calculated for all SaaS continuing software services, excluding the subscription revenue related to one legacy contract for a service no longer offered separately by Duck Creek. BOSTON, Oct. 12, 2022 (GLOBE NEWSWIRE) -- Duck Creek Technologies (NASDAQ: DCT), the intelligent SaaS solutions provider defining the future of property and casualty ("P&C") insurance, today announced its financial results for the fourth quarter and fiscal year ended August 31, 2022. Get started Development & IT Talent QA Manual Testing Freelancers United States Florida US$15/hr This press release includes certain disclosures which contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including the Companys business outlook. Duck Creek Technologies, Inc. (DCT) CEO Michael Jackowski on Q1 2021 Other companies may calculate similarly titled financial measures differently than Duck Creek does or may not calculate them at all. Other companies may calculate similarly titled financial measures differently than Duck Creek does or may not calculate them at all. BOSTON, Jan. 09, 2023 (GLOBE NEWSWIRE) -- Duck Creek Technologies (NASDAQ: DCT), the intelligent solutions provider defining the future of property and casualty (P&C) insurance, today announces. Duck Creek Technologies will host a conference call today, October 12, 2022, at 5:00 p.m. (Eastern Time) to discuss Duck Creeks financial results and business outlook. Duck Creeks fourth quarter performance was highlighted by improved deal activity as customer demand and interest in modernizing their core systems to Duck Creek OnDemand, our industry-leading SaaS cloud platform, remained strong. The Company believes that the use of these non-GAAP financial measures and other metrics help investors and analysts in comparing its results across reporting periods on a consistent basis by excluding items that the Company does not believe are indicative of its core operating performance. Duck Creek believes that the use of these non-GAAP financial measures and other metrics help investors and analysts in comparing its results across reporting periods on a consistent basis by excluding items that Duck Creek does not believe are indicative of its core operating performance. Non-GAAP net income per share was $0.11 for the fiscal year 2022, compared with a non-GAAP net income per share of $0.08 in fiscal year 2021, based on fully diluted weighted average shares outstanding of approximately 133.5 million shares and 134.1 million shares, respectively. A replay of the webcast will also be available for a limited time at https://ir.duckcreek.com/. This press release contains the following non-GAAP financial measures: non-GAAP gross margin, non-GAAP income from operations, adjusted EBITDA, non-GAAP net income, non-GAAP net income per share, and free cash flow. Shares used in computing Non-GAAP net income per shareamounts: Non-GAAP dilutive shares (using the treasury stock method), Non-GAAP weighted-average shares diluted. Great places to go near Cowarra Off Creek Storage Dam in July (updated ET). $65,000 in . The announcement comes less than three years after Duck Creek went public with a market valuation of about $5 billion. Furthermore, new risks and uncertainties arise from time to time, and it is impossible for us to predict those events or how they may affect the Company.