Announcement • May 03
CCC Intelligent Solutions Holdings Inc. Announces Chief Financial Officer Changes, Effective May 25, 2026 CCC Intelligent Solutions Holdings Inc. announced that Brian Herb, Executive Vice President, Chief Financial & Administrative Officer, will depart the Company effective May 25, 2026, to accept another opportunity. Effective upon Mr. Herb’s departure, Rodney Christo, currently CCC’s Senior Vice President, Finance & Chief Accounting Officer, will also assume the role of interim CFO while the company identifies a successor. Rod has served in positions of increasing responsibility at CCC for more than 30 years, playing a key role in strengthening financial processes and supporting the company’s long-term growth. Announcement • Apr 29
Ccc Intelligent Solutions Inc Adds Mobile Invoice Scanning to Ccc One Platform CCC Intelligent Solutions Inc. had announced the launch of mobile invoice scanning, available through the CCC ONE platform. The new capability enables repair facilities with CCC Repair Workflow to scan parts invoices directly from the CCC ONE Mobile App, allowing AI to match invoice line items to repair orders. The result is a faster, easier parts reconciliation process, available at no additional cost to shops using CCC’s shop management platform. With mobile invoice scanning, repairers can simply take a picture of a parts invoice using their phone, similar to depositing a check using a mobile banking app. CCC’s AI extracts the information on the invoice and matches it to the correct repair order, identifying part numbers, quantities and prices. The feature can process multiple invoices and pages at once, helping parts personnel eliminate manual entry and minimize the time spent on invoice matching and reconciliation. The CCC ONE Mobile App is already used by more than 20,000 repair facilities and 90,000 individual users, enabling shops to manage repairs from anywhere and making mobile invoice scanning easy to adopt from within existing workflows. The new functionality also supports draft invoice creation for suppliers not yet connected to the CCC Parts Network, while enabling workflow-based automation for suppliers already on the CCC network. This approach helps repairers streamline operations while continuing to deliver added value to participating parts suppliers. Mobile invoice scanning is now available to all CCC Repair Workflow users at no additional cost. Announcement • Apr 09
CCC Intelligent Solutions Holdings Inc. to Report Q1, 2026 Results on Apr 30, 2026 CCC Intelligent Solutions Holdings Inc. announced that they will report Q1, 2026 results Pre-Market on Apr 30, 2026 Announcement • Apr 08
CCC Intelligent Solutions Holdings Inc., Annual General Meeting, May 21, 2026 CCC Intelligent Solutions Holdings Inc., Annual General Meeting, May 21, 2026. Announcement • Mar 03
CCC Intelligent Solutions Holdings Inc. Announces Appointment of John Schweitzer to Its Board of Directors CCC Intelligent Solutions Holdings Inc. announced the appointment of John Schweitzer to its Board of Directors. A seasoned enterprise technology executive, Mr. Schweitzer brings more than three decades of leadership experience scaling the modernization and adoption of data platforms, leading global revenue organizations, and building strategic partnerships across complex enterprise environments. Most recently, Mr. Schweitzer was Executive Vice President, Sales at Salesforce where he led global sales and go-to-market for the Informatica line of business. Before that, he was Chief Revenue Officer at Informatica, a leading data management and AI orchestration company. He led global sales and go-to-market strategy, working closely with customers and partners to expand adoption of enterprise data platforms that support AI adoption. Informatica was acquired by Salesforce in November 2025. Previously, Mr. Schweitzer served as Chief Revenue Officer at Software AG, where he helped strengthen enterprise platform offerings and go-to-market execution. Earlier in his career, he held senior leadership roles at Workday, SAP, and Oracle. At SAP, he led global analytics sales, including the North American launch of SAP HANA, a significant innovation in data and analytics platform capabilities. The addition of Mr. Schweitzer reflects CCC’s continued focus on aligning its Board with the company’s platform and AI strategy as it operates at increasing scale across the insurance economy. Announcement • Feb 25
CCC Intelligent Solutions Holdings Inc. Provides Earnings Guidance for the First Quarter and Full Year of 2026 CCC Intelligent Solutions Holdings Inc. provided earnings guidance for the first quarter and full year of 2026. For the quarter, the company expects revenue of $273.5 million to $275.5 million.
For the year, the company expects revenue of $1.147 billion to $1.157 billion. Announcement • Feb 04
CCC Intelligent Solutions Holdings Inc. to Report Q4, 2025 Results on Feb 24, 2026 CCC Intelligent Solutions Holdings Inc. announced that they will report Q4, 2025 results After-Market on Feb 24, 2026 Announcement • Jan 31
CCC Intelligent Solutions Inc. Appoints Josh Valdez As Chief Product Officer, Effective February 16, 2026 CCC Intelligent Solutions Inc. announced the appointment of Josh Valdez as Chief Product Officer, effective February 16, 2026. Valdez will lead CCC’s product strategy, design, and delivery, with responsibility for scaling AI-driven technology and innovation across the company’s platform to accelerate value for customers. Valdez is an experienced product innovator with a strong background in both building and scaling platform-based technology businesses. He brings deep expertise in artificial intelligence, including agentic AI, with a focus on designing solutions that enable effective collaboration between people and AI to improve outcomes, efficiency, and decision-making. Prior to joining CCC, Valdez most recently served as Senior Vice President of Products at Dayforce, where he led global product management with a focus on advancing AI-driven capabilities across the company’s human capital management platform. Previously, he served as Vice President of Platform at Workday, overseeing core platform initiatives, and joined the company through its acquisition of Pattern, the intelligent workspace startup he co-founded. Valdez spent 5 years in senior product, technology, and strategy roles at Google prior to that. Announcement • Jan 08
CCC Intelligent Solutions Introduces OEM Repair Certification Management Solution CCC Intelligent Solutions Inc. (CCC) announced that Nissan will be the first automaker to participate in the CCC®? OEM Link Network, a newly launched offering from CCC designed to support OEM collaboration certification programs. Through their participation, Nissan will leverage CCC technology and services to support the entirety of its growing Certified Collision Repair Network, which includes approximately 2,000 collision repair facilities across the U.S. Vehicles increasingly incorporate advanced materials and technologies, from high-strength steel and aluminum to EV powertrains and sophisticated driver assistance systems. As vehicle complexity grows, repairs require specialized equipment, processes, and technician training. Yet, OEM certification participation has stabilized, in part due to the challenges shops can face with related requirements, program administration, and uncertainty around return on their investment (ROI). CCC OEM Link will help automakers and their repair network participants address these challenges. As part of this new partnership, CCC will manage certified network operations for Nissan, including the administration of shop audits, billing processes, and communications between the OEM and its certified repairers. Support will be delivered through CCC's leading software platform and its full-time field operations employees, who bring extensive experience working directly with collision repairers nationwide. OEM Link will help reduce administrative burden for repair shops while helping Nissan maintain network consistency, support technician readiness, and strengthen brand reputation through high-quality repairs. Nissan is committed to providing strong ROI for their certified shop network and has already begun sending an increasing number of job referrals to its certified shops. With more than 30,500 shops using CCC software every day, Nissan gains a partner who can actively help with the expansion of their certified program with qualified shops across the U.S. Announcement • Dec 15
CCC Intelligent Solutions Holdings Inc. (NasdaqGS:CCC) announces an Equity Buyback for $500 million worth of its shares. CCC Intelligent Solutions Holdings Inc. (NasdaqGS:CCCS) announces a share repurchase program. Under the program, the company will repurchase up to $500 million worth of its shares. The program will be funded from available liquidity and free cash flow. Announcement • Oct 30
CCC Intelligent Solutions Holdings Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year of Fiscal 2025 CCC Intelligent Solutions Holdings Inc. provided earnings guidance for the Fourth quarter and full year of fiscal 2025. For the quarter, the company reported revenue to be in the range of $272.0 million to $277.0 million.
For the full year, the company expected revenue to be in the range of $1.051 billion to $1.056 billion. Announcement • Oct 25
Lauren Young to Resign from the Board of Directors of CCC Intelligent Solutions Holdings Inc. No Later Than December 31, 2025 CCC Intelligent Solutions Holdings Inc. announced that on October 22, 2025, Ms. Lauren Young provided notice of her intent to resign from the Board of Directors of the company no later than December 31, 2025. Announcement • Oct 10
CCC Intelligent Solutions Holdings Inc. to Report Q3, 2025 Results on Oct 30, 2025 CCC Intelligent Solutions Holdings Inc. announced that they will report Q3, 2025 results at 4:00 PM, US Eastern Standard Time on Oct 30, 2025 Announcement • Sep 16
John Goodson to resign as Executive Vice President, Chief Product and Technology Officer of CCC Intelligent Solutions Holdings Inc., Effective October 10, 2025 CCC Intelligent Solutions Holdings Inc. announced that John Goodson, Executive Vice President, Chief Product and Technology Officer of the company notified the Company that he will resign from his position with the Company effective October 10, 2025. Announcement • Aug 01
CCC Intelligent Solutions Holdings Inc. Provides Earnings Guidance for the Third Quarter and Full Year of Fiscal 2025 CCC Intelligent Solutions Holdings Inc. provided earnings guidance for the third quarter and full year of fiscal 2025. For the quarter, the company reported revenue to be in the range of $263.0 million to $266.0 million.
For the full year, the company expected revenue to be in the range of $1.046 billion to $1.056 billion. Announcement • Jul 15
CCC Intelligent Solutions Holdings Inc. Appoints Barak Eilam to Board of Directors CCC Intelligent Solutions Holdings Inc. announced the appointment of Barak Eilam to its Board of Directors. Eilam, a seasoned technology executive and former CEO of NICE Ltd., brings over two decades of experience in enterprise software, artificial intelligence (AI), and customer-engagement technologies. During his tenure as CEO of NICE, the company became a leader in AI-powered customer experiences, serving more than 25,000 organizations across 150 countries. Eilam led NICE through significant growth, achieving nearly a threefold increase in revenue and a sevenfold rise in market capitalization. The addition of Eilam reflects CCC's commitment to maintaining a Board of Directors with experienced leaders to support the company's vision for growth and market expansion. As CCC welcomes Barak, they also extend their thanks to Chris Egan, who stepped down from the Board in March. Announcement • Jul 11
CCC Intelligent Solutions Holdings Inc. to Report Q2, 2025 Results on Jul 31, 2025 CCC Intelligent Solutions Holdings Inc. announced that they will report Q2, 2025 results After-Market on Jul 31, 2025 Announcement • Jun 24
Ccc Intelligent Solutions Launches Pay Management Tool for Collision Repair Industry CCC Intelligent Solutions Inc. announced the launch of CCC®? Pay Workflow, the industry's first employee-facing pay management tool designed to ease payday discussions between collision repair technicians and payroll managers. CCC Pay Workflow reduces administrative burdens around payday, giving technicians more visibility into how they're paid and providing managers with a digital way to manage and track pay-related tasks. Technician retention remains a significant challenge across the industry, with pay-related stress a common source of dissatisfaction. Confusion about hours worked or discrepancies in pay are time-consuming and lead to friction, disrupting productivity and impacting team morale. While many shops rely on face-to-face conversations to address these issues, these processes are often informal and difficult to track. CCC Pay Workflow helps streamline payday by integrating pay tracking into the tools shops already use. Technicians can view their upcoming paysheet in real time in the CCC ONE®? Mobile app, flag discrepancies, and request adjustments from their phone, all without leaving their repair bay. Announcement • May 09
CCC Intelligent Solutions Holdings Inc. Announces Resignation of Marc Fredman as Senior Vice President, Chief Strategy Officer On May 7, 2025, Marc Fredman, Senior Vice President, Chief Strategy Officer of CCC Intelligent Solutions Holdings Inc. notified the Company that he will resign from his role with the Company no later than September 30, 2025. The company expects that, following his resignation, Mr. Fredman will continue in a part-time advisory capacity to senior management. Announcement • May 06
Ccc Intelligent Solutions Holdings Inc. Provides Revenue Guidance for the Second Quarter and Full Year of Fiscal 2025 CCC Intelligent Solutions Holdings Inc. provided revenue guidance for the second quarter and full year of fiscal 2025. For the quarter, the company expects revenue to be in the range of $255.5 million to $257.5 million.
For the full year, the company expects revenue to be in the range of $1.046 billion to $1.056 billion. Announcement • Apr 16
CCC Intelligent Solutions Holdings Inc. to Report Q1, 2025 Results on May 06, 2025 CCC Intelligent Solutions Holdings Inc. announced that they will report Q1, 2025 results Pre-Market on May 06, 2025 Announcement • Apr 10
CCC Intelligent Solutions Holdings Inc., Annual General Meeting, May 22, 2025 CCC Intelligent Solutions Holdings Inc., Annual General Meeting, May 22, 2025. Announcement • Mar 01
CCC Intelligent Solutions Holdings Inc. has completed a Follow-on Equity Offering in the amount of $433.65 million. CCC Intelligent Solutions Holdings Inc. has completed a Follow-on Equity Offering in the amount of $433.65 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 42,000,000
Price\Range: $10.325 Announcement • Feb 28
CCC Intelligent Solutions Holdings Inc. has filed a Follow-on Equity Offering. CCC Intelligent Solutions Holdings Inc. has filed a Follow-on Equity Offering.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 42,000,000 Announcement • Feb 05
CCC Intelligent Solutions Holdings Inc. to Report Q4, 2024 Results on Feb 25, 2025 CCC Intelligent Solutions Holdings Inc. announced that they will report Q4, 2024 results After-Market on Feb 25, 2025 Announcement • Dec 20
CCC Intelligent Solutions Holdings Inc. (NasdaqGS:CCCS) announces an Equity Buyback for $300 million worth of its shares. CCC Intelligent Solutions Holdings Inc. (NasdaqGS:CCCS) announces a share repurchase program. Under the program, the company will repurchase up to $300 million worth of its shares. The program will be funded from available liquidity and free cash flow. New Risk • Nov 09
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.8% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company. Announcement • Nov 06
CCC Intelligent Solutions Holdings Inc. Announces Appointment of Neil De Crescenzo to Its Board of Directors CCC Intelligent Solutions Holdings Inc. announced 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 industries. His addition strengthens CCC’s commitment to bolstering its market position and driving long-term value for all stakeholders. Mr. de Crescenzo has been a CEO and senior executive leading some of the largest and most impactful organizations in the global healthcare information technology industry. Most recently and up until October 2023, Mr. de Crescenzo was CEO of Optum Insight, a division of UnitedHealth Group with $18.5 billion in revenue. Prior to Optum’s acquisition of Change Healthcare, Mr. de Crescenzo served as Change Healthcare’s CEO, where he nearly quadrupled the company’s financial performance and led the company through its NASDAQ IPO in 2019. Previously, Mr. de Crescenzo held senior roles at Oracle, where he led global teams across life sciences and healthcare, and at IBM, where he drove double-digit growth in healthcare consulting. Reported Earnings • Oct 29
Third quarter 2024 earnings released: EPS: US$0.005 (vs US$0.036 loss in 3Q 2023) Third quarter 2024 results: EPS: US$0.005 (up from US$0.036 loss in 3Q 2023). Revenue: US$238.5m (up 7.8% from 3Q 2023). Net income: US$2.81m (up US$25.0m from 3Q 2023). Profit margin: 1.2% (up from net loss in 3Q 2023). The move to profitability was primarily driven by higher revenue. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Germany. Announcement • Oct 29
CCC Intelligent Solutions Holdings Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year of Fiscal 2024 CCC Intelligent Solutions Holdings Inc. provided earnings guidance for the fourth quarter and full year of fiscal 2024. For the quarter, the company expects revenue to be in the range of $242.5 million to $246.5 million.
For the full year, the company expects revenue to be in the range of $941.0 million to $945.0 million. Announcement • Oct 08
CCC Intelligent Solutions Holdings Inc. to Report Q3, 2024 Results on Oct 28, 2024 CCC Intelligent Solutions Holdings Inc. announced that they will report Q3, 2024 results After-Market on Oct 28, 2024 Announcement • Oct 04
CCC Intelligent Solutions Holdings Inc. Announces Executive Changes CCC Intelligent Solutions Holdings Inc. is announcing the retirement of Mary Jo Prigge and the departure of Michael Silva. As a result, the Company is consolidating their roles in order to streamline its operations in continued support of its customers and to deliver on expected long-term growth. An executive search has been initiated to find a leader for this new consolidated role. Mary Jo Prigge, Executive Vice President, Chief Service Delivery Officer of the Company notified the Company that she will retire from her role with the Company no later than December 31, 2024. Following her retirement from this role, Ms. Prigge will continue in a part-time advisory capacity to senior management. Michael Silva, Executive Vice President, Chief Commercial & Customer Success Officer of the Company will be departing the Company due to role elimination effective no later than December 31, 2024. Recent Insider Transactions • Aug 08
Executive VP recently sold €420k worth of stock On the 6th of August, John Goodson sold around 46k shares on-market at roughly €9.22 per share. This transaction amounted to 34% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Announcement • Aug 01
CCC Launches CCC Intelligent Reins Inspection to Help Auto Insurers Review Repair Estimates Faster, Expediting Repairer Workflows and Claims Resolutions CCC Intelligent Solutions Inc. announced the launch of CCC Intelligent Reinspection, a new solution designed to help auto insurers streamline the review of incoming repair facility estimates, expediting repairer workflows and claims resolutions. Leveraging advanced AI technology, CCC Intelligent Reinspection identifies areas for review, and provides reason codes based on insurer rules, helping reinspectors review increasingly complex estimates quickly, reducing repair and claim cycle times so drivers can get back on the road sooner following a car accident. Using AI-powered analysis and audit capabilities, CCC Intelligent Reins inspection assesses incoming shop estimates based on insurer-provided rules. It automatically routes estimates for approval or review, significantly reducing manual workloads for appraisers and desk reviewers. This fosters better collaboration between insurers and repairers, helping to provide timely and accurate feedback without disrupting workflows, helping both save valuable time. CCC's AI, developed over ten years and used broadly across collision repairers and insurers, employs computer vision and other advanced AI technologies to analyze photos of vehicle damage along with the repair estimate, improving accuracy and supporting repairers' commitment to quality repairs. Key benefits of CCC Intelligent Reinspection include: Seamless Integration: Connects effortlessly to existing reinspection processes, enabling continuity and efficiency. Improved Review Efficiency: Provides reason codes based on individual insurer rules, supporting more efficient and transparent reviews and insurer, shop communications. Reduced Cycle Times: Helps reduce the time required for claim resolutions, enabling faster service for consumers. Reported Earnings • Jul 31
Second quarter 2024 earnings released: EPS: US$0.033 (vs US$0.16 loss in 2Q 2023) Second quarter 2024 results: EPS: US$0.033 (up from US$0.16 loss in 2Q 2023). Revenue: US$232.6m (up 9.9% from 2Q 2023). Net income: US$20.2m (up US$117.9m from 2Q 2023). Profit margin: 8.7% (up from net loss in 2Q 2023). The move to profitability was primarily driven by lower expenses. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in Germany. Announcement • Jul 31
CCC Intelligent Solutions Holdings Inc. Provides Earnings Guidance for the Third Quarter and Full Year of 2024 CCC Intelligent Solutions Holdings Inc. provided earnings guidance for the third quarter and full year of 2024. For the quarter, the company expects revenue to be between $236.0 million to $238.0 million.
For the full year, the company expects revenue to be between $941.0 million to $945.0 million. Announcement • Jul 16
CCC Intelligent Solutions Inc. Introduces CCC Build Sheets with Detailed Vehicle Specifications to Streamline Repair Process CCC Intelligent Solutions Inc. announced the launch of CCC® Build Sheets, a new solution designed to streamline the repair process. Integrated directly into CCC ONE®, CCC® Build Sheets provides collision repairers with detailed vehicle specifications based on the Vehicle Identification Number (VIN), helping them write more complete estimates the first time and better understand the parts needed for the repair. CCC Build Sheets delivers detailed vehicle information from leading Original Equipment Manufacturers (OEMs) and third-party providers with information about the vehicle as it was manufactured, including vehicle packages, paint codes and specific parts options on the vehicle being repaired. When a VIN is decoded in CCC ONE, vehicle options and estimate prompts are automatically provided, reducing the need for manual research, removing the need to evaluate choices that do not apply to the VIN, and minimizing errors in parts ordering. Key Benefits of CCC Build Sheets Include: Faster Estimates: Reduces time spent researching trim packages and vehicle options, allowing for quicker estimate creation. Better Parts Orders: Displays fewer incorrect parts options for the vehicle being repaired, enabling repairers to select the correct parts the first time. Less Manual Work: Provides access to VIN-specific information throughout the estimating, parts ordering, and repair process, so less time is spent researching and calling suppliers for parts details and paint code information. Announcement • Jul 10
CCC Intelligent Solutions Holdings Inc. to Report Q2, 2024 Results on Jul 30, 2024 CCC Intelligent Solutions Holdings Inc. announced that they will report Q2, 2024 results After-Market on Jul 30, 2024 Recent Insider Transactions • Jun 05
Insider recently sold €439m worth of stock On the 30th of May, J. Egan sold around 42m shares on-market at roughly €10.54 per share. This transaction amounted to 51% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.3b more than they bought in the last 12 months. Reported Earnings • May 01
First quarter 2024 earnings released: US$0.003 loss per share (vs US$0.004 profit in 1Q 2023) First quarter 2024 results: US$0.003 loss per share (down from US$0.004 profit in 1Q 2023). Revenue: US$227.2m (up 11% from 1Q 2023). Net loss: US$1.74m (down 180% from profit in 1Q 2023). Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Software industry in Germany. Announcement • May 01
CCC Intelligent Solutions Holdings Inc. Provides Earnings Guidance for the Second Quarter of Fiscal 2024 and for the Full Year Fiscal 2024 CCC Intelligent Solutions Holdings Inc. provided earnings guidance for the second quarter of fiscal 2024 and for the full year fiscal 2024. For the quarter, the company expected revenue to be $228.5 million to $230.5 million. For the year, the company expected revenue to be $944.0 million to $950.0 million. Announcement • Apr 05
CCC Intelligent Solutions Holdings Inc. has filed a Follow-on Equity Offering. CCC Intelligent Solutions Holdings Inc. has filed a Follow-on Equity Offering.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 20,000,000 Announcement • Feb 29
CCC Intelligent Solutions Holdings Inc. Provides Revenue Guidance for the First Quarter and Full Year Fiscal 2024 CCC Intelligent Solutions Holdings Inc. provided revenue guidance for the first quarter and full year fiscal 2024. For the first quarter, the company expects revenue to be in between $224.5 million to $226.0 million.For the full year, the company expects revenue to be in between $942.0 million to $950.0 million. Reported Earnings • Feb 29
Full year 2023 earnings released: US$0.15 loss per share (vs US$0.063 profit in FY 2022) Full year 2023 results: US$0.15 loss per share (down from US$0.063 profit in FY 2022). Revenue: US$866.4m (up 11% from FY 2022). Net loss: US$92.5m (down 341% from profit in FY 2022). Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Software industry in Germany. Announcement • Feb 08
CCC Intelligent Solutions Holdings Inc. to Report Q4, 2023 Results on Feb 28, 2024 CCC Intelligent Solutions Holdings Inc. announced that they will report Q4, 2023 results After-Market on Feb 28, 2024 Announcement • Jan 19
Ccc Intelligent Solutions Holdings Inc. Announces Resignation of Steven Puccinelli from the Board of Directors CCC Intelligent Solutions Holdings Inc. announced that on January 16, 2024, Mr. Steven Puccinelli provided notice of his resignation from the Board of Directors the Company, effective immediately. Mr. Puccinelli’s resignation was not the result of any dispute or disagreement with the Company or the Company’s Board on any matter relating to the operations, policies or practices of the Company. Mr. Puccinelli previously served on the Audit Committee of the Board. New Risk • Jan 17
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 8.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.2% average weekly change). Significant insider selling over the past 3 months (€2.6b sold). Announcement • Nov 11
CCC Intelligent Solutions Holdings Inc. has completed a Follow-on Equity Offering in the amount of $682.5 million. CCC Intelligent Solutions Holdings Inc. has completed a Follow-on Equity Offering in the amount of $682.5 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 65,000,000
Price\Range: $10.5
Discount Per Security: $0.39375 Announcement • Nov 10
CCC Intelligent Solutions Holdings Inc. has filed a Follow-on Equity Offering. CCC Intelligent Solutions Holdings Inc. has filed a Follow-on Equity Offering.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 50,000,000 Reported Earnings • Nov 07
Third quarter 2023 earnings released: US$0.036 loss per share (vs US$0.016 profit in 3Q 2022) Third quarter 2023 results: US$0.036 loss per share (down from US$0.016 profit in 3Q 2022). Revenue: US$221.1m (up 11% from 3Q 2022). Net loss: US$22.2m (down 327% from profit in 3Q 2022). Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Software industry in Germany. Announcement • Nov 07
CCC Intelligent Solutions Holdings Inc. Provides Earnings Guidance for the Fourth Quarter and Full Fiscal Year 2023 CCC Intelligent Solutions Holdings Inc. provided earnings guidance for the fourth quarter and full fiscal year 2023. For the quarter, the company expected revenue of $221.5 million to $223.5 million.For the full fiscal year, the company expected revenue of $859 million to $861 million. Announcement • Oct 31
CCC Intelligent Solutions Inc. Announces Launch of CCC Amplify CCC Intelligent Solutions Inc. announced the launch of CCC® Amplify, an easy-to-use digital solution that helps collision repairers build and launch customized websites in minutes. Available through the CCC ONE®platform, CCC Amplify simplifies the process of creating and maintaining a website by integrating CCC ONE shop information. The solution is designed to strengthen the online presence and lead generation efforts of repairers, whether they are creating a website for the first time or are looking to replace an existing one. CCC Amplify simplifies website creation and maintenance by leveraging shop information from CCC ONE to fill pre-designed website templates. Repairers can choose from a variety of templates and customize them as needed, such as adding a careers page for open positions. With intuitive drag-and-drop tools, website creation becomes accessible to everyone, including those with no technical experience. In addition, repair shops with CCC® Engage, a CCC ONE solution that drives digital traffic to shops, can enable appointment booking and photo estimate requests through their sites, providing added convenience for consumers. The CCC ONE platform improves every stage and level of the collision repair cycle, including the consumer experience. CCC has combined key business operations into one solution to help collision repairers drive more business, improve their repair process, simplify operations, and exceed consumer expectations. Announcement • Oct 25
Advent International Reportedly No Longer Exploring Sale of CCC Intelligent Solutions Advent International Corporation, the majority owner of CCC Intelligent Solutions Holdings Inc (NasdaqGS:CCCS), previously was said to have begun a search into a sale of the provider of software to the car insurance industry in September, but Advent's exploration of a sale has been pulled, three sources familiar told Deal reporter's Diane Alter, contacts tell The Fly. Announcement • Oct 24
CCC Intelligent Solutions Introduces Next Generation AI-Based Photo Analysis Capabilities CCC Intelligent Solutions (CCC), announced the next generation of its AI-based photo analysis capabilities, including its first solution that extends into claims handing and ahead of the appraisal process to help users identify potential indemnity amounts earlier. The offerings deliver actionable intelligence following FNOL, enabling insurers to pull forward key decisions that work to optimize and accelerate downstream processing across APD and casualty claims. New CCC Offerings: CCC First Look, the company's first solution specifically for claims handlers can help insurers capture accident information sooner on more claims and is designed to ingest photos from various sources – including consumers and salvage providers. AI is applied to validate photos for use with other CCC products and inform optimal routing for each claim, which can support initiating multiple workflows simultaneously, including determining total loss potential, and triaging casualty claims. CCC® Impact Dynamics applies AI to photos of vehicle damage to predict impact severity, which enables insurers to spot injury potential early and inform a series of important decisions including casualty claims segmentation and routing, early settlement opportunities, and reserve management. Impact Dynamics can help insurers pay what they owe more quickly and efficiently while achieving quicker speed to resolution for injured parties. CCC First Look and CCC Impact Dynamics build on the company's established AI capabilities and work with CCC’s existing solutions. Announcement • Oct 18
CCC Intelligent Solutions Holdings Inc. to Report Q3, 2023 Results on Nov 06, 2023 CCC Intelligent Solutions Holdings Inc. announced that they will report Q3, 2023 results After-Market on Nov 06, 2023 Announcement • Sep 18
Advent Reportedly Weighs Sale of CCC Intelligent Solutions Advent International Corporation is exploring a sale of CCC Intelligent Solutions Holdings Inc (NasdaqGS:CCCS), a provider of software to the car insurance industry that has a market value of $7.1 billion, people familiar with the matter said on September 15, 2023. Investment bank Morgan Stanley (MS.N) is advising CCC on its talks with potential acquirers, which include other buyout firms, the sources said, adding that no deal is certain. Reported Earnings • Aug 02
Second quarter 2023 earnings released: US$0.16 loss per share (vs US$0.026 profit in 2Q 2022) Second quarter 2023 results: US$0.16 loss per share (down from US$0.026 profit in 2Q 2022). Revenue: US$211.7m (up 9.8% from 2Q 2022). Net loss: US$97.7m (down US$113.2m from profit in 2Q 2022). Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Software industry in Germany. Board Change • Jul 28
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. 1 highly experienced director. Chairman & CEO Githesh Ramamurthy is the most experienced director on the board, commencing their role in 1999. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.