CCC Intelligent Solutions Holdings Inc. (CCCS) Reports In-Line Q1 EPS; Offers FY23 Revenue Guidance

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CCC Intelligent Solutions Holdings Inc. Announces First Quarter 2023 Financial Results

May 2, 2023 4:05 PM EDT

CHICAGO--(BUSINESS WIRE)-- CCC Intelligent Solutions Holdings Inc. (CCC or the Company) (NASDAQ: CCCS), a leading SaaS platform for the P&C insurance economy, today announced its financial results for the three months ended March 31, 2023.

CCC delivered strong first quarter results, highlighted by 10% year-over-year revenue growth and 39% adjusted EBITDA margin. We believe our solid start to 2023 reflects our durable business model, ongoing innovation, and continued adoption of CCC solutions that help our clients address a growing number of the business challenges facing the P&C insurance economy, said Githesh Ramamurthy, Chairman & CEO of... More