CCC Intelligent Solutions Holdings Inc.（CCC）のニュースとイベントCCCCCC Intelligent Solutions Holdings Inc.

CCC Reports Q3 Revenue of $294.09M

Reports Q3 revenue $294.09M, consensus $290.61M. "CCC delivered strong third quarter results, with revenue growth of 10% and adjusted EBITDA margin of approximately 44%. Our performance reflects the durability of our business, the trust customers place in us, and the increasing role our platform plays in helping participants across the insurance economy operate more efficiently and achieve better outcomes," said Githesh Ramamurthy, Chairman & CEO of CCC.

Company Suspends Guidance and Conference Call

The company said, "In light of the proposed transaction, the Company is suspending its practice of providing guidance and will not be hosting a conference call or webcast to discuss the Company's financial results."

Salesforce Acquires Braze for $47.50 per Share

After Salesforce (CRM) announced an agreement to acquire Braze (BRZE) for $47.50 per share in cash, or a $5.66B enterprise value, Jefferies said this deal marks the third major transaction in small-to-mid cap software since the start of last week after deals for CCC Intelligent Solutions (CCC) and Varonis (VRNS). The firm calls this latest deal "the spark that could lead to a strategic takeout" of MarTech peer Klaviyo (KVYO) should there be further consolidation in the category, adding that it views an acquisition of HubSpot (HUBS) as "low likelihood," but sees a private equity buyer as a more likely acquirer if a deal were to happen. For Twilio (TWLO), the deal underscores the strategic importance of CX infrastructure, but also creates concerns that Salesforce could look to disintermediate the company for messaging or pressure it on pricing, the analyst added.