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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CHICAGO--(BUSINESS WIRE)--CCC Intelligent Solutions Inc. (“CCC”), a leading cloud platform provider powering the P&C insurance economy and a subsidiary of CCC Intelligent Solutions Holdings Inc. (NASDAQ: CCCS) (“CCCS”), announced today that it has signed a definitive agreement to acquire EvolutionIQ, Inc. (“EvolutionIQ”), the leading platform for AI-powered guidance for disability and injury claims management. The acquisition expands CCC's market reach into strategic adjacencies and strengt.

CCC Intelligent Solutions Announces the Acquisition of EvolutionIQ, the Leading AI Guidance Platform for Disability and Injury Claims Management

CHICAGO--(BUSINESS WIRE)--CCC Intelligent Solutions Holdings Inc. (the “Company”) (NASDAQ: CCCS), a leading cloud platform provider for the P&C insurance economy, today announced that its board of directors has approved a new share repurchase authorization to repurchase up to $300 million of the Company's outstanding common stock. Under the repurchase authorization, the Company is authorized to repurchase shares through open market purchases, privately negotiated transactions, or accelerate.

CCC Board Approves New $300 Million Share Repurchase Authorization

Travelers

Investors interested in Insurance - Property and Casualty stocks are likely familiar with Travelers (TRV) and CCC Intelligent Solutions Holdings Inc. (CCCS). But which of these two stocks presents investors with the better value opportunity right now?

TRV or CCCS: Which Is the Better Value Stock Right Now?

CCC Intelligent Solutions Holdings Inc. (CCCS) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, CCCS's 50-day simple moving average broke out above its 200-day moving average; this is known as a "golden cross.

CCC Intelligent Solutions Holdings Inc. (CCCS)'s Technical Outlook is Bright After Key Golden Cross

Investors with an interest in Insurance - Property and Casualty stocks have likely encountered both Travelers (TRV) and CCC Intelligent Solutions Holdings Inc. (CCCS). But which of these two stocks offers value investors a better bang for their buck right now?

TRV vs. CCCS: Which Stock Is the Better Value Option?

Partnership to streamline ADAS detection, improve repair accuracy and enhance efficiency for CCC ONE® users PLANO, Texas , Nov. 13, 2024 /PRNewswire/ -- Repairify , the global leader in remote diagnostics, calibrations, programming, and automotive intelligence for the collision and mechanical repair industries, announced today a new integration between its ADAS-focused platform, adasThink, and CCC  ONE® , the premier estimating and repair management software from CCC Intelligent Solutions Inc. (CCC). This collaboration aims to provide collision repair shops with seamless access to advanced driver assistance systems (ADAS) insights, helping to enhance repair precision, increase efficiency and reduce cycle times.

asTech® Driven by Repairify Integrates adasThink with CCC, Expanding Access to Advanced ADAS Insights for Collision Repair Shops

CHICAGO--(BUSINESS WIRE)--CCC Intelligent Solutions Holdings Inc. (CCC) (NASDAQ:CCCS), a leading cloud platform provider powering the P&C insurance economy, is pleased to announce the appointment of Neil de Crescenzo to its Board of Directors. Mr. de Crescenzo brings decades of expertise in the healthcare and technology sectors and proven success in deploying technology at scale across industries. His addition strengthens CCC's commitment to bolstering its market position and driving long-t.

CCC Announces Appointment of New Board Member

CCC Intelligent Solutions Holdings Inc. recently reported slightly better-than-expected financial results for Q3 2024. The firm provides insurance company software. CCCS has produced stable growth, but its clients continue to experience headwinds and its net revenue retention results are concerning.

CCC Intelligent Solutions Shows Growth But Industry Caution Remains A Drag

I maintain a hold rating for CCC Intelligent Solutions due to insufficient evidence of emerging solutions significantly contributing to revenue growth. CCCS reported decelerating revenue growth, with 3Q24 revenue up 8% y/y but below expectations when adjusted for one-off benefits. Emerging solutions' adoption remains slow, contributing only 100 bps to growth, despite increased sales efforts and new product launches.

CCC Intelligent Solutions: Valuation Likely To Stay Rangebound For The Time Being

CCC Intelligent Solutions Holdings Inc. (NASDAQ:CCCS ) Q3 2024 Earnings Conference Call October 28, 2024 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 Michael Funk - Bank of America Dylan Becker - William Blair Gabriela Borges - Goldman Sachs Josh Baer - Morgan Stanley Samad Samana - Jefferies Saket Kalia - Barclays Elyse Kanner - JPMorgan Chris Moore - CJS Securities Shlomo Rosenbaum - Stifel Gary Prestopino - Barrington Operator Good day, and thank you for standing by, and welcome to CCC Intelligent Solutions' Third Quarter Fiscal 2024 Earnings Call. [Operator Instructions] Please be advised that today's conference is being recorded.

CCC Intelligent Solutions Holdings Inc. (CCCS) Q3 2024 Earnings Call Transcript

CHICAGO--(BUSINESS WIRE)--CCC Intelligent Solutions Inc. (CCC), a leading cloud platform powering the P&C insurance economy, announces today that it has been named to PropertyCasualty360's Insurance Luminaries Class of 2024 in the category of Technology Innovation. This recognition highlights the CCC Intelligent Experience (IX) Cloud™ platform, which delivers real-time insights and AI-powered automation to enable faster, more informed business decisions across the ecosystem of providers tha.

CCC Intelligent Solutions Selected for PropertyCasualty360's 2024 Insurance Luminaries Recognition

CCC Intelligent Solutions Holdings Inc. (CCCS) came out with quarterly earnings of $0.10 per share, beating the Zacks Consensus Estimate of $0.09 per share. This compares to earnings of $0.09 per share a year ago.

CCC Intelligent Solutions Holdings Inc. (CCCS) Surpasses Q3 Earnings and Revenue Estimates

CHICAGO--(BUSINESS WIRE)--CCC Intelligent Solutions Holdings Inc. (“CCC” or the “Company”) (NASDAQ: CCCS), a leading cloud platform provider for the P&C insurance economy, today announced its financial results for the three months ended September 30, 2024. “CCC delivered solid third quarter results, highlighted by 8% year-over-year revenue growth and 43% adjusted EBITDA margin. Our sustained performance in 2024 year-to-date reflects multiple new business wins, renewals, and contract expansi.

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

CHICAGO--(BUSINESS WIRE)--CCC Intelligent Solutions Inc. (CCC), a leading cloud platform powering the P&C insurance economy, today released the findings from its Moments of Truth study identifying the key drivers of customer satisfaction and retention in the auto claims and repair process. The study defines “moments of truth" as critical points in the customer journey that have a significant impact on satisfaction and loyalty. The study reveals that consumer satisfaction with insurers and r.

CCC Intelligent Solutions Study Identifies Key Drivers of Customer Satisfaction and Retention in the Auto Claims and Repair Process

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 of 2024, ended September 30, 2024, after the U.S. financial markets close on Monday, October 28, 2024. In conjunction with this announcement, CCC will host a conference call on Monday, October 28, 2024, at 5:00 p.m. (Eastern Time), to discuss the Company's financial res.

CCC Intelligent Solutions Announces Date of Third Quarter 2024 Earnings Call

Cincinnati Financial

Investors interested in stocks from the Insurance - Property and Casualty sector have probably already heard of Cincinnati Financial (CINF) and CCC Intelligent Solutions Holdings Inc. (CCCS). But which of these two stocks is more attractive to value investors?

CINF or CCCS: Which Is the Better Value Stock Right Now?

W. R. Berkley

Investors with an interest in Insurance - Property and Casualty stocks have likely encountered both W.R. Berkley (WRB) and CCC Intelligent Solutions Holdings Inc. (CCCS).

WRB vs. CCCS: Which Stock Is the Better Value Option?

CHICAGO--(BUSINESS WIRE)--CCC Intelligent Solutions Holdings Inc. (CCC) (NASDAQ: CCCS), a leading cloud platform powering the P&C insurance economy, today announced that management will present at the following investor conferences: The Citi Global TMT Conference in New York, NY. The presentation is scheduled for Wednesday, September 4, 2024, at 7:30 a.m. ET. The Goldman Sachs Communacopia and Technology Conference in San Francisco, CA. The presentation is scheduled for Tuesday, September 1.

CCC Intelligent Solutions Inc. to Present at Upcoming Investor Conferences

CCC Intelligent Solutions is recommended with a hold rating. Positive highlights include strong 2Q24 performance, solid software retention metrics, and adoption of Estimate-STP. Downgrade to hold rating due to management reducing expectations for emerging solutions growth and weaker-than-expected contribution to revenue.

CCC Intelligent Solutions: Waiting For Evidence That Emerging Solutions Demand Is Intact

CCC Intelligent Solutions Holdings, Inc. (NASDAQ:CCCS ) Q2 2024 Earnings Conference Call July 30, 2024 5:00 PM ET Corporate Participants Bill Warmington - Vice President, Investor Relations Githesh Ramamurthy - Chairman and Chief Executive Officer Brian Herb - Chief Financial Officer Conference Call Participants Dylan Becker - William Blair Alexei Gogolev - JPMorgan Samad Samana - Jefferies Saket Kalia - Barclays Gabriela Borges - Goldman Sachs Shlomo Rosenbaum - Stifel Chris Moore - CJS Securities Gary Prestopino - Barrington Research Operator Good day and thank you for standing by. Welcome to the CCC Intelligent Solutions Second Quarter Fiscal 2024 Earnings Conference Call.

CCC Intelligent Solutions Holdings, Inc. (CCCS) Q2 2024 Earnings Call Transcript

CCC Intelligent Solutions Holdings Inc. (CCCS) came out with quarterly earnings of $0.09 per share, beating the Zacks Consensus Estimate of $0.08 per share. This compares to earnings of $0.07 per share a year ago.

CCC Intelligent Solutions Holdings Inc. (CCCS) Q2 Earnings and Revenues Surpass 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 June 30, 2024. “CCC delivered strong second quarter results, highlighted by 10% year-over-year revenue growth and 41% adjusted EBITDA margin. Our solid performance in the first half of 2024 reinforces our confidence in our durable business model, multisided network,.

CCC Intelligent Solutions Holdings Inc. Announces Second 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 second quarter of 2024, ended June 30, 2024, after the U.S. financial markets close on Tuesday, July 30, 2024. In conjunction with this announcement, CCC will host a conference call on Tuesday, July 30, 2024 at 5:00 p.m. (Eastern Time), to discuss the Company's financial results and.

CCC Intelligent Solutions Announces Date of Second Quarter 2024 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 the Company's common stock (the “Offering”) by affiliates of Advent International, L.P. and Oak Hill Capital Partners (collectively, the “Selling Stockholders”). The Offering consists of 30 million shares of the Company's common stock. The shares will be offered from time to time for sale through negotiated transactions or.

CCC Intelligent Solutions Announces Pricing of Secondary Offering of 30 Million Shares of Common Stock

CHICAGO--(BUSINESS WIRE)--CCC Intelligent Solutions Holdings Inc. (the “Company”) (NASDAQ: CCCS) today announced the proposed secondary offering of 30 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.

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