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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. and Oak Hill Capital Partners (collectively, the “Selling Stockholders”) at a price to the public of $11.50 per share. The Offering consists of 50 million shares of the Company's common stock. The Offering is expected to close on or abo.
CCC Intelligent Solutions Announces Proposed Secondary Offering of 50 Million Shares of Common Stock
CHICAGO--(BUSINESS WIRE)--CCC Intelligent Solutions Holdings Inc. (the “Company”) (NASDAQ: CCCS) today announced the proposed secondary offering of 50 million shares of the Company's common stock (the “Offering”) by affiliates of Advent International, L.P. and Oak Hill Capital Partners (collectively, the “Selling Stockholders”). The shares will be offered from time to time for sale through negotiated transactions or otherwise at market prices prevailing at the time of sale. The Offering consist.
CCC Intelligent Solutions reported 11% revenue growth in 1Q24, beating estimates, and raised its FY24 revenue guidance. CCCS has a long growth runway and significant opportunities for cross-selling in the auto-claims process and the broader P&C insurance market. The introduction of the IX Cloud platform will make CCCS more sticky and drive further cross-selling opportunities, while AI-related products and payments offer additional growth potential.
CHICAGO--(BUSINESS WIRE)--CCC Intelligent Solutions Holdings Inc. (CCC) (NASDAQ: CCCS), a leading cloud platform powering the P&C insurance economy, today announced that management will present at the following investor conferences: The J.P. Morgan Global Technology, Media and Communications Conference in Boston, MA. The presentation is scheduled for Tuesday, May 21, 2024, at 11:30 a.m. ET. The William Blair Growth Stock Conference in Chicago, IL. The presentation is scheduled for Tuesday,.
CCC Intelligent Solutions Holdings, Inc. (NASDAQ:CCCS ) Q1 2024 Earnings Conference Call April 30, 2024 5:00 PM ET Company Participants William Warmington - VP, IR Githesh Ramamurthy - Chairman & CEO Brian Herb - EVP, CFO & Chief Administrative Officer Conference Call Participants Saket Kalia - Barclays Bank Michael Funk - Bank of America Merrill Lynch Tyler Radke - Citigroup Christopher Moore - CJS Securities Joshua Baer - Morgan Stanley Alexei Gogolev - JPMorgan Chase & Co. Gabriela Borges - Goldman Sachs Group Gary Prestopino - Barrington Research Associates Faith Brunner - William Blair & Company Jeremy Sahler - Jefferies Operator Good day, and thank you for standing by. Welcome to the CCC Intelligent Solutions First Quarter Fiscal 2024 Earnings Conference Call.
CCC Intelligent Solutions Holdings Inc. (CCCS) came out with quarterly earnings of $0.09 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.07 per share a year ago.
CCC Intelligent Solutions Holdings Inc. (CCCS) Q4 2023 Earnings Call Transcript
CCC Intelligent Solutions Holdings Inc. (CCCS) came out with quarterly earnings of $0.09 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.07 per share a year ago.
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 fourth quarter and fiscal year 2023, ended December 31, 2023, after the U.S. financial markets close on Wednesday, February 28, 2024. In conjunction with this announcement, CCC will host a conference call on Wednesday, February 28, 2024 at 5:00 p.m. (Eastern Time), to discuss the Com.
CCC Intelligent Solutions had a strong 3Q23, with total revenue growing 11.3% and exceeding consensus estimates. CCCS launched several new products, including Impact Dynamics and CCC Amplify, which are expected to drive growth and increase customer adoption. The Parts segment of CCCS saw positive developments with the addition of new Lexus and Toyota dealers, strengthening its position in the market.