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Stock impact report

CCC Intelligent Solutions Holdings Inc. Announces Fourth Quarter and Fiscal Year 2024 Financial Results [Yahoo! Finance]

CCC Intelligent Solutions Holdings Inc. (CCCS) 
Company Research Source: Yahoo! Finance
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 margin of 42%. We made significant investments in 2024 to deliver AI-based innovation and operational performance to our customers, introducing the largest number of new solutions in CCC's history while continuing to expand our multi-sided network," said Githesh Ramamurthy, Chairman & CEO of CCC. "In addition to our investments in artificial intelligence and the CCC IX Cloud™ platform, our acquisition of EvolutionIQ helps to accelerate our vision of deploying intelligent experiences across the insurance economy," continued Ramamurthy. "Positive customer feedback regarding these investments reinforces our confidence in our durable business model and long-term growth outlook." Fourth Quarter 2024 Financial Highlights Reve Show less Read more
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