CCC Intelligent Solutions Holdings

CCC Intelligent Solutions Holdings, Inc. is a provider of innovative cloud, mobile, telematics, hyperscale technologies, and applications for the property and casualty (“P&C”) insurance economy. It is cloud-based software as a service (“SaaS”) platform connects trading partners, facilitates commerce, and supports mission-critical, artificial intelligence enabled digital workflows. The firm platform digitizes workflows and connects companies across the P&C insurance economy, including insurance carriers, collision repairers, parts suppliers, automotive manufacturers, financial institutions, and others. The company founded in 1980 and is headquartered in Chicago, IL.

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CCC Intelligent Solutions Holdings reports strong Q4 earnings and growth

CCC Intelligent Solutions Holdings delivered robust financial performance in Q4 2022 and full-year 2022, showcasing growth and profitability.
The company's emphasis on innovation, AI capabilities, and customer value underpins its strategic objectives for 2023 and beyond.
Despite challenges in the insurance economy and data management, CCC's focus on expansion, retention, and revenue mix optimization presents promising opportunities.

CCC Intelligent Solutions Holdings reports strong Q1 performance and growth outlook

CCC's Q1 performance was strong, driven by revenue growth and high software adoption rates.
The company's focus on innovation and AI technology positions it well for future growth.
While facing challenges like macroeconomic volatility, CCCS has opportunities for expansion and revenue growth.
Overall, CCCS's solid financials, strategic strengths, and growth opportunities paint a positive outlook for investors.

CCC Intelligent Solutions Holdings reports robust Q2 performance and eyes AI-driven growth opportunities

CCC Intelligent Solutions Holdings (CCCS) delivered strong Q2 results, showcasing revenue growth, operational efficiency, and strategic investments in AI solutions.
The company faces challenges in the auto insurance sector but is well-positioned to capitalize on opportunities in expanding solutions and driving long-term growth.
With a focus on innovation, customer engagement, and financial discipline, CCC is poised to navigate challenges, leverage opportunities, and deliver on its growth targets.

CCC Intelligent Solutions Holdings reports robust Q3 performance and eyes growth opportunities in emerging solutions

CCC's Q3 performance reflects strong financial growth, underpinned by innovation and strategic focus. While facing industry challenges and varying customer adoption rates, the company is well-positioned to capitalize on opportunities in emerging solutions and parts ordering adoption.

CCC Intelligent Solutions Holdings reports strong Q4 performance and growth outlook

CCC Intelligent Solutions Holdings (CCCS) delivered strong financial performance in Q4 2023 and full-year 2023, with revenue and adjusted EBITDA showing significant growth. The company's focus on innovation, network expansion, and investment in growth capacity positions it well for future success.
While facing challenges such as increased costs in the auto market and slower payments adoption, CCCS has opportunities to capitalize on emerging solutions, improve product offerings, and drive continued growth in repair facility services.
Overall, CCC Intelligent Solutions Holdings (CCCS) is poised for growth in 2024, with a strategic focus on organic growth, new client acquisition, and enhancing AI solutions. The company's financial strength and commitment to innovation bode well for its future performance.

CCC Intelligent Solutions reports solid Q1 performance and growth strategies

CCC Intelligent Solutions Holdings (CCCS) delivered strong Q1 results, focusing on organic growth, emerging solutions, and financial stability.
While facing challenges in competitive markets and operational impacts, CCCS is strategically positioned to capitalize on opportunities in digital transformation and customer needs.
With a clear growth strategy and emphasis on innovation, CCCS aims to drive revenue expansion, enhance customer outcomes, and maintain a healthy financial profile.

CCC Intelligent Solutions Holdings reports robust Q2 performance and eyes growth through innovation and AI solutions

CCC Intelligent Solutions Holdings delivered strong financial performance in Q2 2024, showcasing revenue growth, profitability, and strategic investments in innovation.
The company's focus on AI solutions, expanding repair facilities, and margin expansion underscores its commitment to sustainable growth and market leadership.
While challenges exist in adoption pace and market transformation, CCC's strategic strengths and opportunities position it well for future growth and value creation.

CCC Intelligent Solutions Holdings reports solid Q3 performance and optimistic outlook

CCC Intelligent Solutions Holdings demonstrated strong financial performance in Q3 2024, with revenue growth and margin expansion driven by operational excellence.
While facing challenges in revenue conversion and market dynamics, CCC's strategic focus on innovation and customer engagement presents opportunities for future growth.
Overall, CCC remains optimistic about its strategic positioning and commitment to long-term objectives, signaling a positive outlook for continued success.

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CCC Intelligent Solutions reported 11% revenue growth in 1Q24, beating estimates, and raised its FY24 revenue guidance. CCCS has a long growth runway and significant opportunities for cross-selling in the auto-claims process and the broader P&C insurance market. The introduction of the IX Cloud platform will make CCCS more sticky and drive further cross-selling opportunities, while AI-related products and payments offer additional growth potential.

CCC Intelligent Solutions: IX Cloud To Provide More Cross-Selling Opportunities

CHICAGO--(BUSINESS WIRE)--CCC Intelligent Solutions Inc. (CCC), a leading cloud platform powering the P&C insurance economy, announces today that it has been recognized by Business Intelligence with a 2024 Artificial Intelligence Award for its innovative use of computer vision. The business awards program sets out to recognize those organizations, products and people who bring artificial intelligence (AI) to life and apply it to solve real problems. “CCC is honored to receive recognition fo.

CCC Intelligent Solutions Named Winner of 2024 Artificial Intelligence Excellence Award

CCC Intelligent Solutions Holdings, Inc. (NASDAQ:CCCS ) Q1 2024 Earnings Conference Call April 30, 2024 5:00 PM ET Company Participants William Warmington - VP, IR Githesh Ramamurthy - Chairman & CEO Brian Herb - EVP, CFO & Chief Administrative Officer Conference Call Participants Saket Kalia - Barclays Bank Michael Funk - Bank of America Merrill Lynch Tyler Radke - Citigroup Christopher Moore - CJS Securities Joshua Baer - Morgan Stanley Alexei Gogolev - JPMorgan Chase & Co. Gabriela Borges - Goldman Sachs Group Gary Prestopino - Barrington Research Associates Faith Brunner - William Blair & Company Jeremy Sahler - Jefferies Operator Good day, and thank you for standing by. Welcome to the CCC Intelligent Solutions First Quarter Fiscal 2024 Earnings Conference Call.

CCC Intelligent Solutions Holdings, Inc. (CCCS) Q1 2024 Earnings Call Transcript

CCC Intelligent Solutions Holdings Inc. (CCCS) came out with quarterly earnings of $0.09 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.07 per share a year ago.

CCC Intelligent Solutions Holdings Inc. (CCCS) Q1 Earnings Meet Estimates

CHICAGO--(BUSINESS WIRE)--CCC Intelligent Solutions Holdings Inc. (“CCC” or the “Company”) (NASDAQ: CCCS), a leading cloud platform for the P&C insurance economy, today announced its financial results for the three months ended March 31, 2024. “CCC delivered strong first quarter results, highlighted by 11% year-over-year revenue growth and 41% adjusted EBITDA margin –both above our guidance ranges. We believe our solid start to 2024 reflects our durable business model and ongoing innovation.

CCC Intelligent Solutions Holdings Inc. Announces First Quarter 2024 Financial Results

CHICAGO--(BUSINESS WIRE)--CCC Intelligent Solutions Holdings Inc. (CCC) (NASDAQ: CCCS), a leading cloud platform powering the P&C insurance economy, announced today it will release its financial results for the first quarter of 2024, ended March 31, 2024, after the U.S. financial markets close on Tuesday, April 30, 2024. In conjunction with this announcement, CCC will host a conference call on Tuesday, April 30, 2024 at 5:00 p.m. (Eastern Time), to discuss the Company's financial results an.

CCC Intelligent Solutions Announces Date of First Quarter 2024 Earnings Call

CHICAGO--(BUSINESS WIRE)--Irreversible shifts in the P&C insurance economy, marked by increasing vehicle complexity and labor shortages, require bold thinking and the use of modern, flexible technology. CCC Intelligent Solutions (CCC) stands ready, announcing its technology-backed vision to power the next evolution of the industry, shaping a world where Life Just Works for customers and the millions of their consumers involved in auto claims and repairs each year. CCC is an industry and tec.

CCC Sets Bold Vision to Make Life Just Work for Customers and the Millions of Consumers Involved in Auto Claims, Repairs Each Year

CHICAGO--(BUSINESS WIRE)--CCC Intelligent Solutions Holdings Inc. (the “Company”) (NASDAQ: CCCS) today announced the proposed secondary offering of 20 million shares of the Company's common stock (the “Offering”) by affiliates of Advent International, L.P. and Oak Hill Capital Partners (collectively, the “Selling Stockholders”). The shares will be offered from time to time for sale through negotiated transactions or otherwise at market prices prevailing at the time of sale. The Offering consist.

CCC Intelligent Solutions Announces Proposed Secondary Offering of 20 Million Shares of Common Stock

CCC Intelligent Solutions Holdings Inc. (CCCS) Q4 2023 Earnings Call Transcript

CHICAGO--(BUSINESS WIRE)--CCC Intelligent Solutions Holdings Inc. (the “Company”) (NASDAQ: CCCS) today announced the pricing of the previously announced secondary offering of the Company's common stock (the “Offering”) by affiliates of Advent International, L.P. and Oak Hill Capital Partners (collectively, the “Selling Stockholders”) at a price to the public of $11.42 per share. The Offering consists of 43 million shares of the Company's common stock, upsized from the previously announced size.

CCC Intelligent Solutions Announces Pricing of Upsized Secondary Offering of 43 Million Shares of Common Stock

CHICAGO--(BUSINESS WIRE)--CCC Intelligent Solutions Holdings Inc. (the “Company”) (NASDAQ: CCCS) today announced the proposed secondary offering of 40 million shares of the Company's common stock (the “Offering”) by affiliates of Advent International, L.P. and Oak Hill Capital Partners (collectively, the “Selling Stockholders”). The Selling Stockholders intend to grant the underwriters a 30-day option to purchase up to an additional 6 million shares of the Company's common stock. The Offering c.

CCC Intelligent Solutions Announces Proposed Secondary Offering of 40 Million Shares of Common Stock

CCC Intelligent Solutions Holdings Inc. (CCCS) Q4 Earnings Meet Estimates

CHICAGO--(BUSINESS WIRE)--CCC Intelligent Solutions Holdings Inc. (“CCC” or the “Company”) (NASDAQ: CCCS), a leading SaaS platform for the P&C insurance economy, today announced its financial results for the three months and year ended December 31, 2023. “CCC delivered another year of strong financial performance, with year-over-year revenue growth in 2023 of 11% and adjusted EBITDA margin of 41% – both above our guidance ranges. We believe our strong performance is the result of a growing.

CCC Intelligent Solutions Holdings Inc. Announces Fourth Quarter and Fiscal Year 2023 Financial Results

CHICAGO--(BUSINESS WIRE)--CCC Intelligent Solutions Holdings Inc. (CCC) (NASDAQ: CCCS), a leading cloud platform powering the P&C insurance economy, announced today it will release its financial results for the fourth quarter and fiscal year 2023, ended December 31, 2023, after the U.S. financial markets close on Wednesday, February 28, 2024. In conjunction with this announcement, CCC will host a conference call on Wednesday, February 28, 2024 at 5:00 p.m. (Eastern Time), to discuss the Com.

CCC Intelligent Solutions Announces Date of Fourth Quarter and Fiscal Year 2023 Earnings Call

CHICAGO--(BUSINESS WIRE)--CCC Intelligent Solutions Holdings Inc. (the “Company”) (NASDAQ: CCCS) today announced the pricing of the previously announced secondary offering of shares of the Company's common stock (the “Offering”) by affiliates of Advent International, L.P. (the “Selling Stockholders”). The Offering consists of 22 million shares of the Company's common stock, upsized from the previously announced 20 million shares. The shares will be offered from time to time for sale through neg.

CCC Intelligent Solutions Announces Pricing of Upsized Secondary Offering of 22 Million Shares of Common Stock

CCC Intelligent Solutions had a strong 3Q23, with total revenue growing 11.3% and exceeding consensus estimates. CCCS launched several new products, including Impact Dynamics and CCC Amplify, which are expected to drive growth and increase customer adoption. The Parts segment of CCCS saw positive developments with the addition of new Lexus and Toyota dealers, strengthening its position in the market.

CCC Intelligent Solutions: Product Launches To Continue Driving Growth

CHICAGO--(BUSINESS WIRE)--CCC Intelligent Solutions Holdings Inc. (the “Company”) (NASDAQ: CCCS) today announced the pricing of the previously announced secondary offering of 65 million shares of the Company's common stock (the “Offering”) by affiliates of Advent International, L.P. (the “Selling Stockholders”) at a price to the public of $10.50 per share, which represents an increase of 15 million shares from the previously announced size of the Offering. The Selling Stockholders granted the u.

CCC Intelligent Solutions Announces Pricing of Secondary Offering of 65 Million Shares of Common Stock, Including Concurrent Common Stock Repurchase

CHICAGO--(BUSINESS WIRE)--CCC Intelligent Solutions Holdings Inc. (the “Company”) (NASDAQ: CCCS) today announced the proposed secondary offering of 50 million shares of the Company's common stock (the “Offering”) by affiliates of Advent International, L.P. (the “Selling Stockholders”). The Selling Stockholders intend to grant the underwriters a 30-day option to purchase up to an additional 3,750,000 shares of the Company's common stock. The Offering consists entirely of shares of the Company's.

CCC Intelligent Solutions Announces Proposed Secondary Offering of 50 Million Shares of Common Stock, including Concurrent Common Stock Repurchase

CCC Intelligent Solutions Holdings Inc. (NASDAQ:CCCS ) Q3 2023 Earnings Conference Call November 6, 2023 5:00 PM ET Company Participants Bill Warmington - Vice President, Investor Relations Githesh Ramamurthy - Chairman and Chief Executive Officer Brian Herb - Chief Financial Officer Conference Call Participants Matt Bullock - Bank of America Alexei Gogolev - JPMorgan Shlomo Rosenbaum - Stifel Dylan Becker - William Blair Kirk Materne - Evercore Saket Kalia - Barclays Arvind Ramnani - Piper Sandler Operator Thank you for standing by and welcome to the CCC's Third Quarter 2023 Financial Results Conference Call. At this time, all participants are in listen-only mode.

CCC Intelligent Solutions Holdings Inc. (CCCS) Q3 2023 Earnings Call Transcript

CHICAGO--(BUSINESS WIRE)--CCC Intelligent Solutions Holdings Inc. (“CCC” or the “Company”) (NASDAQ: CCCS), a leading SaaS platform for the P&C insurance economy, today announced its financial results for the three months ended September 30, 2023. “CCC delivered strong third quarter results, highlighted by 11% year-over-year revenue growth, 19% year-over-year adjusted EBITDA growth, and an adjusted EBITDA margin of 42%. Our solid performance reflects positive momentum across our business fro.

CCC Intelligent Solutions Holdings Inc. Announces Third Quarter 2023 Financial Results

CCCS' shares are at below fair valuation based on a peer comparison. A number of CCC Intelligent Solutions' businesses have yet to realize their full growth potential. I maintain my Buy rating for CCCS, as the stock is undervalued and the company has favorable growth prospects.

CCC Intelligent: Valuations And Growth Potential In The Spotlight

CHICAGO--(BUSINESS WIRE)--CCC Intelligent Solutions Holdings Inc. (CCC) (NASDAQ: CCCS), a leading cloud platform powering the P&C insurance economy, announced today it will release its financial results for the third quarter fiscal year 2023, ended September 30, 2023, after the U.S. financial markets close on Monday, November 6, 2023. In conjunction with this announcement, CCC will host a conference call on Monday, November 6, 2023 at 5:00 p.m. (Eastern Time), to discuss the Company's finan.

CCC Intelligent Solutions Announces Date of Third Quarter Fiscal Year 2023 Earnings Call

CHICAGO--(BUSINESS WIRE)--CCC Intelligent Solutions Inc. (CCC), a leading cloud platform powering the P&C insurance economy, announces today that it has teamed up with Google to streamline the online appointment booking process for repair shops that use CCC® Engage. The collaboration introduces a user-friendly “Book Online” button added to Google Business Profiles, Search and Maps, helping participating repair shops stand out in search results and making it easier for consumers to schedule.

CCC and Google Collaborate to Make It Easier for Consumers to Schedule Online Appointments with Collision Repairers

A majority stake in the insurance-services provider seems to be for sale. The majority owner is apparently in discussions with potential suitors.

Why CCC Intelligent Solutions Holdings Topped the Market Today

CCC Intelligent Solutions Holdings Inc. (NASDAQ:CCCS ) Q2 2023 Earnings Conference Call August 1, 2023 5:00 PM ET Company Participants Bill Warmington - VP, IR Githesh Ramamurthy - Chairman and CEO Brian Herb - CFO Conference Call Participants Kirk Materne - Evercore ISI Dylan Becker - William Blair Gabriela Borges - Goldman Sachs Saket Kalia - Barclays Michael Funk - Bank of America Tyler Radke - Citi Chris Moore - CJS Securities Gary Prestopino - Barrington Research Arvind Ramnani - Piper Sandler Operator Good day, and thank you for standing by. Welcome to the CCC Intelligent Solutions' Second Quarter Fiscal 2023 Earnings Call.

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