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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 p...
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 J.P. Morgan Global Technology, Media and Communications Conference in Boston, MA. The presentation is scheduled for Tuesday, May 21, 2024, at 11:30 a.m. ET. The...
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 intell...
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 ...
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 ran...
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 ...
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 mil...
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 nego...
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