CCC Earnings Reports

CCC Intelligent Solutions Holdings Inc. delivered strong financial results in Q4 2024, highlighted by revenue growth and improvements in adjusted net income and operating income.

CCC Intelligent Solutions Holdings Inc. announced its Q3 2024 financial results, reporting a revenue of $238.5 million, an 8% increase year-over-year. The company's adjusted EBITDA margin was 43%. They also launched new solutions and saw high customer engagement with their Emerging Solutions.

CCC Intelligent Solutions Holdings Inc. announced its financial results for the three months ended June 30, 2024. The company reported a 10% year-over-year increase in revenue and a 41% adjusted EBITDA margin.

CCC Intelligent Solutions Holdings Inc. reported a 12% increase in revenue for Q4 2023, reaching $228.6 million. The company's GAAP net income significantly improved to $26.3 million, and adjusted EBITDA grew by 25% to $100.1 million.

CCC Intelligent Solutions Holdings Inc. reported an 11% increase in revenue to $221.1 million for Q3 2023, compared to $198.7 million in Q3 2022. The company's adjusted EBITDA grew by 19% year-over-year, reaching $92.9 million, with an adjusted EBITDA margin of 42%. GAAP net loss was $21.2 million, compared to GAAP net income of $9.8 million for the same period last year.

CCC Intelligent Solutions Holdings Inc. announced its financial results for the three months ended June 30, 2023. The company reported a 10% year-over-year increase in revenue and a 38% adjusted EBITDA margin.

CCC Intelligent Solutions Holdings Inc. reported strong first quarter results with a 10% year-over-year revenue growth, reaching $204.9 million, and a 39% adjusted EBITDA margin. The company's AI-based system, Estimate-STP, processed over $1 billion in annualized run rate value of auto claims in March 2023, a tenfold increase from the previous year. The growing adoption of CCC® Diagnostics also contributed to the positive results, with a significant increase in the number of repair facilities using the solution and the volume of scanned vehicles being verified.

CCC Intelligent Solutions Holdings Inc. reported a revenue of $204.1 million for Q4 2022, compared to $187.1 million for Q4 2021. GAAP gross profit was $145.5 million, with a gross margin of 71%. GAAP operating income was $9.7 million, and GAAP net income was $1.1 million. Adjusted EBITDA was $80.1 million, a 6% increase compared to the previous year. The company continues to focus on AI and digital solutions to improve customer experience and operational efficiency.

CCC Intelligent Solutions Holdings Inc. reported strong third-quarter results with a 13% increase in revenue compared to the previous year. The company's adjusted EBITDA margin was 39%. CCC also raised revenue and adjusted EBITDA guidance for fiscal year 2022.

CCC Intelligent Solutions Holdings Inc. announced its financial results for the second quarter of 2022, reporting a 16% increase in revenue and a 22% increase in adjusted EBITDA. The company also raised its revenue and adjusted EBITDA guidance for fiscal year 2022.

CCC Intelligent Solutions Holdings Inc. reported an 18% increase in revenue and a 33% increase in adjusted EBITDA for the first quarter of 2022. The company's CEO highlighted the early stages of digitization in the P&C insurance industry and CCC's ongoing investment in innovation.