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I maintain a hold rating on CCC Intelligent Solutions stock due to uncertain near-term growth, despite positive topline growth in 4Q24. Key concerns include slowing organic growth, declining net dollar retention, and lower insurance claims volume impacting CCCS's revenue. The EvolutionIQ acquisition offers long-term potential but will cause near-term margin dilution, further weighing on stock s...
CHICAGO--(BUSINESS WIRE)--CCC Intelligent Solutions Holdings Inc. (“CCC”) (NASDAQ: CCCS), a leading cloud platform provider for the P&C insurance economy, today announced that Chief Financial Officer, Brian Herb, and Vice President of Investor Relations, Bill Warmington, will present at the upcoming Morgan Stanley Technology, Media & Telecom Conference in San Francisco, CA. The presentation is ...
CHICAGO--(BUSINESS WIRE)--CCC Intelligent Solutions Holdings Inc. (the “Company”) (NASDAQ: CCCS) today announced the pricing of the previously announced secondary offering of the Company's common stock (the “Offering”) by affiliates of Advent International, L.P. (the “Selling Stockholders”). The Offering consists of 42 million shares of the Company's common stock. The shares will be offered fro...
CHICAGO--(BUSINESS WIRE)--CCC Intelligent Solutions Holdings Inc. (the “Company”) (NASDAQ: CCCS) today announced the proposed secondary offering of 42 million shares of the Company's common stock (the “Offering”) by affiliates of Advent International, L.P. (the “Selling Stockholders”). The shares will be offered from time to time for sale through negotiated transactions or otherwise at market p...
CHICAGO--(BUSINESS WIRE)--CCC Intelligent Solutions Inc. (CCC), a leading cloud platform provider to the insurance economy, strengthens its executive team with the appointment of Tim Welsh as President. Welsh will lead all market-facing functions to help customers accelerate their digital transformation journeys. Welsh joins CCC most recently from U.S. Bank, where he helped lead the digital tra...
CHICAGO--(BUSINESS WIRE)--CCC Intelligent Solutions Holdings Inc. (“CCC” or the “Company”) (NASDAQ: CCCS), a leading cloud platform provider for the P&C insurance economy, today announced its financial results for the three months and year ended December 31, 2024. “CCC delivered another year of solid financial performance, with year-over-year revenue growth in 2024 of 9% and adjusted EBITDA mar...
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 quarter and full fiscal year 2024, ended December 31, 2024, after the U.S. financial markets close on Tuesday, February 25, 2025. In conjunction with this announcement, CCC will host a c...
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