CCC Intelligent Solutions Holdings Inc Stock News

CHICAGO--(BUSINESS WIRE)--CCC Intelligent Solutions Inc. (“CCC”), a leading cloud platform provider powering the P&C insurance economy and a subsidiary of CCC Intelligent Solutions Holdings Inc. (NASDAQ: CCCS) (“CCCS”), announced today that it has signed a definitive agreement to acquire EvolutionIQ, Inc. (“EvolutionIQ”), the leading platform for AI-powered guidance for disability and injury cl...

CHICAGO--(BUSINESS WIRE)--CCC Intelligent Solutions Holdings Inc. (the “Company”) (NASDAQ: CCCS), a leading cloud platform provider for the P&C insurance economy, today announced that its board of directors has approved a new share repurchase authorization to repurchase up to $300 million of the Company's outstanding common stock. Under the repurchase authorization, the Company is authorized to...

Partnership to streamline ADAS detection, improve repair accuracy and enhance efficiency for CCC ONE® users PLANO, Texas , Nov. 13, 2024 /PRNewswire/ -- Repairify , the global leader in remote diagnostics, calibrations, programming, and automotive intelligence for the collision and mechanical repair industries, announced today a new integration between its ADAS-focused platform, adasThink, and ...

CHICAGO--(BUSINESS WIRE)--CCC Intelligent Solutions Holdings Inc. (CCC) (NASDAQ:CCCS), a leading cloud platform provider powering the P&C insurance economy, is pleased to announce the appointment of Neil de Crescenzo to its Board of Directors. Mr. de Crescenzo brings decades of expertise in the healthcare and technology sectors and proven success in deploying technology at scale across industri...

CCC Intelligent Solutions Holdings Inc. recently reported slightly better-than-expected financial results for Q3 2024. The firm provides insurance company software. CCCS has produced stable growth, but its clients continue to experience headwinds and its net revenue retention results are concerning.

I maintain a hold rating for CCC Intelligent Solutions due to insufficient evidence of emerging solutions significantly contributing to revenue growth. CCCS reported decelerating revenue growth, with 3Q24 revenue up 8% y/y but below expectations when adjusted for one-off benefits. Emerging solutions' adoption remains slow, contributing only 100 bps to growth, despite increased sales efforts and...

CCC Intelligent Solutions Holdings Inc. (NASDAQ:CCCS ) Q3 2024 Earnings Conference Call October 28, 2024 5:00 PM ET Company Participants Bill Warmington - VP, IR Githesh Ramamurthy - Chairman and CEO Brian Herb - CFO Conference Call Participants Kirk Materne - Evercore ISI Michael Funk - Bank of America Dylan Becker - William Blair Gabriela Borges - Goldman Sachs Josh Baer - Morgan Stanley Sama...

CHICAGO--(BUSINESS WIRE)--CCC Intelligent Solutions Inc. (CCC), a leading cloud platform powering the P&C insurance economy, announces today that it has been named to PropertyCasualty360's Insurance Luminaries Class of 2024 in the category of Technology Innovation. This recognition highlights the CCC Intelligent Experience (IX) Cloud™ platform, which delivers real-time insights and AI-powered a...