Duck Creek Technology reports EPS in-line, beats on revs; guides NovQ revs in-line; guides FY22 revs below consensus
- Reports Q4 (Aug) earnings of $0.02 per share, excluding non-recurring items, in-line with the S&P Capital IQ Consensus of $0.02; revenues rose 21.5% year/year to $70.85 mln vs the $69.09 mln S&P Capital IQ Consensus.
- Co issues in-line guidance for Q1 (Nov), sees Q1 revs of $68-70 mln vs. $68.77 mln S&P Capital IQ Consensus. Guides to adjusted EBITDA of $2.5-3.5 mln.
- Co issues downside guidance for FY22, sees FY22 revs of $292-300 mln vs. $303.49 mln S&P Capital IQ Consensus. Guides to adjusted EBITDA of $16-18 mln.
