CCC Intelligent Solutions Holdings Inc. (NASDAQ: CCCS) reported total revenue of $246.5 million for the fourth quarter, an 8% increase from $228.6 million for the fourth quarter of 2023. Adjusted earnings before interest, taxes and depreciation (EBITDA) for the fourth quarter was $106.3 million, exceeding the guidance range, with an adjusted EBITDA margin of 43%. […]
Tim Welsh Named President at CCC
Industry veteran brings experience in digital transformation, insurance and financial services. CCC Intelligent Solutions Inc. (NASDAQ: CCCS) has appointed Tim Welsh as President, expanding its executive leadership team. Welsh will oversee market-facing functions, bringing experience from leadership roles at U.S. Bank and McKinsey & Company. Welsh most recently served as Vice Chair of Consumer and […]
CCC Repair Workflow Now Integrates with Tekion DMS Platform
Integration enables dealer-owned collision repair centers to seamlessly manage repairs. CCC Intelligent Solutions Inc. (NASDAQ:CCCS) announced today the integration of its CCC Repair Workflow shop management solution with Tekion’s dealer management system (DMS), which is part of their Automotive Retail Cloud (ARC) platform. This integration connects two critical systems for dealer and repair center operations, […]
CCC Receives CIECA’s Electronic Commerce Company of the Year Award
CCC Intelligent Solutions Inc. announces that it has been recognized as the Electronic Commerce Company of the Year by the Collision Industry Electronic Commerce Association (CIECA). This award highlights CCC’s leadership in promoting the adoption of CIECA data standards and its role in advancing the secure exchange of information across the collision repair ecosystem. “CCC […]
CCC Completes Acquisition of EvolutionIQ
CCC Intelligent Solutions Inc. announced today that it has completed the previously announced acquisition of EvolutionIQ, Inc. the platform for AI-powered guidance for disability and injury claims management. “We are excited to officially welcome the EvolutionIQ team to the CCC family,” said Githesh Ramamurthy, chairman and chief executive officer of CCC. “The acquisition expands CCC’s […]
Interview: Maryling Yu, CCC Intelligent Solutions
Yu provides an in-depth look into the CCC Moments of Truth study on the key drivers of customer satisfaction. In October, CCC Intelligent Solutions (NASDAQ:CCCS) released findings from its Moments of Truth study identifying the key drivers of customer satisfaction and retention in the auto claims and collision repair process. The study identified the critical […]
asTech Announces adasThink Integration with CCC
Repairify announced a new integration between its ADAS-focused platform, adasThink, and CCC ONE, the estimating and repair management software from CCC Intelligent Solutions Inc. (CCC). This collaboration aims to provide collision repair shops with seamless access to advanced driver assistance systems (ADAS) insights, helping to enhance repair precision, increase efficiency and reduce cycle times. The […]
Healthcare and Technology Executive Neil de Crescenzo Joins CCC Board
CCC Intelligent Solutions Holdings Inc. (NASDAQ:CCCS) 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 […]
CCC Receives 2024 Insurance Luminaries Recognition
CCC Intelligent Solutions Inc. (CCC) has been named to PropertyCasualty360’s Insurance Luminaries Class of 2024 in the category of Technology Innovation. This recognition highlights the CCC Intelligent Experience (IX) Cloud platform, which delivers real-time insights and AI-powered automation to enable faster, more informed business decisions across the ecosystem of providers that come together to bring […]
CCC Reports Revenue of Over $238 Million in Third Quarter
CCC Intelligent Solutions Holdings Inc. (NASDAQ: CCCS), total revenue was $238.5 million for the third quarter of 2024 ended September 30, an increase of 8% from $221.1 million for the third quarter of 2023. GAAP gross profit was $183.4 million, representing a gross margin of 77%, for the third quarter of 2024, compared with $163.1 […]
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