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.

Earnings data Q3 2021

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Earnings data Q1 2023

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Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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 Holdings Inc.(the “Company”) (NYSE: CCCS) today announced that the Company will redeem all of its outstanding Warrants (other than Private Placement Warrants held by the Sponsor or its Permitted Transferees through and including the Redemption Date) (in each case, as defined in the Warrant Agreement) to purchase shares of the Company's common stock, par value $0.0001 per share (the “Common Stock”), that were issued under the Warrant Agreement,

CCC Intelligent Solutions Holdings Inc. Announces Redemption of Warrants

This under-the-radar stock is an innovative leader in the insurance space.

1 Strong AI-Based Insurance Stock That Isn't Lemonade

CCC Intelligent Solutions Holdings Inc. (CCCS) CEO Githesh Ramamurthy on Q3 2021 Results - Earnings Call Transcript

CHICAGO--(BUSINESS WIRE)--CCC Intelligent Solutions Holdings Inc. (CCC) (NYSE: CCCS), a leading SaaS platform for the P&C insurance economy, today announced its financial results for the three months ended September 30, 2021. “CCC continued to perform at a high level in the third quarter, highlighted by 18% adjusted revenue growth and 31% adjusted EBITDA growth. We continue to see strong adoption of our expanding product portfolio as demand for cloud-based solutions to digitize workflows in

CCC Intelligent Solutions Holdings Inc. Announces Third Quarter Fiscal 2021 Financial Results

CHICAGO--(BUSINESS WIRE)--CCC Intelligent Solutions (CCC), a leading SaaS platform for the P&C insurance economy, announces today an extension of its relationship with Amica Mutual Insurance Company (Amica). From first notice of loss to resolution, Amica will leverage CCC's advanced AI and mobile solutions to meet the evolving needs of its policyholders. “Amica has built its reputation by delivering exceptional claims experiences to our customers," said Hank Huling, Assistant Vice President

Amica Mutual Insurance Company Selects CCC to Accelerate Resolutions for Policyholders With AI-Powered Claims Technology

CHICAGO--(BUSINESS WIRE)--CCC Intelligent Solutions Inc. (“CCC”), a leading SaaS platform for the P&C insurance economy, announces it has made touchless estimating a reality. The AI-powered CCC® Estimate-STP uses advanced AI and insurer-driven rules to automatically initiate and populate detailed and actionable estimates in seconds. In market with four national insurers, including USAA, CCC Estimate – STP offers touchless line level estimates from photos and is part of CCC's broader offerin

CCC Intelligent Solutions Launches Industry First: Touchless Auto Estimates With Line Level Detail

CHICAGO--(BUSINESS WIRE)--CCC Intelligent Solutions Inc., a leading SaaS platform for the P&C insurance economy, introduces Recovery Assistant, the industry leader's first mobile experience for casualty claims resolution. Recovery Assistant creates a mobile channel to quickly and efficiently capture information to accelerate third-party claims resolution. Financial services company USAA collaborated with CCC to bring this innovative capability to reality and further enable the insurer's dig

CCC Launches Recovery Assistant to Accelerate Third-Party Casualty Claims Experience

CHICAGO--(BUSINESS WIRE)--CCC Intelligent Solutions Holdings Inc. (CCC), a leading SaaS platform for the P&C insurance economy, announced today it will release its financial results for the third quarter of fiscal year 2021, ended September 30, 2021, after the U.S. financial markets close on Wednesday, November 10, 2021. In conjunction with this announcement, CCC will host a conference call on Wednesday, November 10, 2021, at 5:00 p.m. (Eastern Time), to discuss the Company's financial resu

CCC Intelligent Solutions Announces Date of Third Quarter Fiscal 2021 Earnings Call

CHICAGO--(BUSINESS WIRE)--CCC Intelligent Solutions, a leading SaaS platform for the property and casualty insurance economy, has been named a top technology company in the software as a service sector by Business Intelligence and honored with a 2021 Stratus Award. The 2021 Stratus Awards recognizes companies and individuals innovating in the Cloud through differentiated technology offerings that advance industries and improve lives. “CCC is excited to be recognized for our work applying advanc

CCC Intelligent Solutions Named a Global Leader in Cloud Computing

CHICAGO--(BUSINESS WIRE)--CCC Intelligent Solutions Inc. (the “Company”), a wholly owned subsidiary of CCC Intelligent Solutions Holdings Inc. (CCC) (NYSE: CCCS), a leading SaaS platform for the Property & Casualty insurance economy, announced it has completed the successful refinancing of its existing secured credit facility with a new credit agreement comprised of an $800 million senior secured term loan facility (the “Term Loan”) and a $250 million senior secured revolving credit facilit

CCC Intelligent Solutions Inc. Announces Closing of New Senior Secured Credit Facility

CHICAGO--(BUSINESS WIRE)--CCC Intelligent Solutions Inc. (CCC) (NYSE: CCCS), a leading SaaS platform for the Property & Casualty insurance economy, today announced its financial results for the three months ended June 30, 2021. “We saw continued adoption of digital and AI solutions that accelerated top-line performance in the second quarter. Our continuous focus on innovation and customer success has CCC in a terrific position to support the digitization of the P&C insurance economy by

CCC Intelligent Solutions Inc. Announces Second Quarter Fiscal 2021 Financial Results

Toyota Motor

PLANO, Texas, Aug. 11, 2021 /PRNewswire/ -- Toyota and Lexus drivers now have a new assistance service available to them in the moments following a collision. Collision Assistance, a just-in-time support service, is now available to drivers within the Toyota and Lexus mobile app.

Toyota Debuts Mobile Collision Assistance Service

CHICAGO--(BUSINESS WIRE)--CCC Intelligent Solutions Inc. (CCC), a leading SaaS platform digitizing the multi-trillion-dollar P&C insurance economy, announces the release of its 2021 Crash Course Midyear Report. This edition of Crash Course examines how permanent changes to consumer expectations and the desire for personalized experiences continue to accelerate the deployment of AI, IoT, and mobile technology in the auto claim and repair process. The report also explores changing driving beh

CCC Releases Research on Driver Sentiment on ADAS Features Included in Newer Vehicles

CHICAGO--(BUSINESS WIRE)--CCC Intelligent Solutions Inc. (CCC), a leading SaaS platform for the P&C insurance economy, names John Goodson Senior Vice President and Chief Technology Officer. Goodson joined CCC in 2020 successfully driving innovation across the business, accelerating application of AI throughout solutions, and expanding industries served by the CCC Cloud platform which today serves 30,000 businesses. Goodson succeeds Pete Morowski who is retiring after eight years with the co

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