CCC Intelligent Solutions Holdings Inc. Announces Third Quarter 2024 Financial Results
CCC Intelligent Solutions Holdings Inc. (CCCS)
Company Research
Source: Business Wire
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 ended September 30, 2024.“CCC delivered solid third quarter results, highlighted by 8% year-over-year revenue growth and 43% adjusted EBITDA margin. Our sustained performance in 2024 year-to-date reflects multiple new business wins, renewals, and contract expansions across our customer groups,” said Githesh Ramamurthy, Chairman & CEO of CCC.“We believe that our investments in artificial intelligence, the CCC IX Cloud™ platform, and our multi-sided network position us to continue to deliver new, high-ROI solutions that improve the operating efficiency and consumer experience of our customers’ mission-critical workflows,” continued Ramamurthy. “The high level of customer engagement we are seeing with our Emerging Solutions reinforces our confidence in our
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- CCC Intelligent Solutions Holdings Inc. (NYSE: CCCS) had its price target lowered by analysts at JPMorgan Chase & Co. from $14.00 to $13.00. They now have an "overweight" rating on the stock.MarketBeat
CCCS
Earnings
- 10/28/24 - Beat
CCCS
Sec Filings
- 11/22/24 - Form 4
- 11/22/24 - Form 4
- 11/22/24 - Form 144
- CCCS's page on the SEC website