$8.750
-0.253 (-2.89%)At close
CCCS News
CCCS Events
CCC Intelligent Solutions supports its FY25 revenue forecast of $1.05B-$1.06B.
Consensus $1.05B. Narrows FY25 adjusted EBITDA view to $423M-$428M from $420M-$428M. "This growing adoption supports our continued investment in innovation and organizational scale," continued Ramamurthy. "By deepening strategic partnerships, expanding our multi-sided network, and refining our go-to-market strategy, we're positioning CCC to lead in what we believe is a transformative period for the insurance economy - one where technology and collaboration drive better outcomes for businesses and the communities they serve."
CCC Intelligent Solutions projects Q4 revenue between $272M and $277M, with consensus at $274.87M.
Sees Q4 adjusted EBITDA $106M-$111M.
CCC Intelligent Solutions announces Q3 adjusted EPS of 9 cents, below consensus estimate of 10 cents.
Reports Q3 revenue $267.12M, consensus $275.39M. "CCC delivered strong third quarter results, highlighted by 12% year-over-year revenue growth and an adjusted EBITDA margin of 41%. Our financial performance reflects continued momentum across our platform - driven by multiple renewals, relationship expansions, and new business wins - as clients engage with CCC to help them navigate rising complexity and the use of AI to drive operational efficiency," said Githesh Ramamurthy, Chairman & CEO of CCC.
CCC Intelligent Solutions 30M share Spot Secondary priced at $9.89
The deal priced below last closing price of $9.97. Goldman Sachs is acting as sole book running manager for the offering.
CCC Intelligent Solutions announces offering of 30M common shares for holders
CCC Intelligent Solutions Holdings announced the proposed secondary offering of 30M shares of the company's common stock by affiliates of Advent International. The offering consists entirely of shares of the Company's common stock to be sold by the selling stockholders, and the company will not receive any proceeds from the sale of the shares being offered by the selling stockholders. Goldman Sachs & Co. is acting as book running manager for the offering.
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