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CCC Reports Revenue of $227.2 Million in First Quarter

May 1, 2024 By CollisionWeek Editor

CCC Intelligent Solutions Holdings Inc. (NASDAQ: CCCS) reported total revenue was $227.2 million for the first quarter of 2024 ended March 31, an increase of 11% from $204.9 million for the first quarter of 2023. “CCC delivered strong first quarter results, highlighted by 11% year-over-year revenue growth and 41% adjusted EBITDA margin –both above our […]

Filed Under: News Tagged With: CCC, Earnings

CCC Sets Vision to Make Life Just Work for Customers and Millions of Consumers Involved in Auto Claims and Collision Repairs

April 9, 2024 By CollisionWeek Editor

CCC Intelligent Solutions (NASDAQ: CCCS) announced its technology-backed vision to power the next evolution of the industry, shaping a world where Life Just Works for customers and the millions of their consumers involved in auto claims and repairs each year. CCC is an industry and technology leader with an unmatched history of innovating with and […]

Filed Under: News Tagged With: CCC

CCC Crash Course Report Details Labor Pressure and Vehicle Complexity Impact on Insurance and Collision Repair

March 26, 2024 By CollisionWeek Editor

The new quarterly report identifies macro trends, business drivers, and technologies impacting consumer driving, vehicle ownership, automotive claims, and collision repair. CCC Intelligent Solutions Inc. (CCC) today published its 2024 Crash Course Report highlighting the latest data, insights, and trends impacting the auto claims and collision repair industries. The report is available to download at […]

Filed Under: News Tagged With: CCC, Claim Frequency, Claim Severity, Crash Course

Tractable Alleges CCC Violates Antitrust Laws in Court Filing

March 14, 2024 By CollisionWeek Editor

Company says in counterclaim that CCC leverages its market share to limit choice in estimatics market in filing in 2018 lawsuit originally brought by CCC. Tractable accused CCC Intelligent Solutions (NASDAQ:CCCS) of violating federal antitrust laws in a court filing March 11, alleging that CCC is using its 85% market share of insurance claims processed in […]

Filed Under: News Tagged With: CCC, Lawsuits, Tractable

CCC Reports 2023 Revenue of $866 Million

February 29, 2024 By CollisionWeek Editor

Full year revenue up 11% versus previous year. CCC Intelligent Solutions Holdings Inc. (NASDAQ: CCCS) reported total revenue was $866.4 million for the full year of 2023, an increase of 11% from $782.4 million in 2022. For the fourth quarter, total revenue was $228.6 million up 12% from $204.1 million for the fourth quarter of […]

Filed Under: News Tagged With: CCC, Earnings

Interview: CCC’s Dan Risley Details New Data Privacy Feature

January 16, 2024 By CollisionWeek Editor

Collision repair facilities are able to remove sensitive data before sharing with third parties. CCC Intelligent Solutions Inc. (CCC) announced today the availability of an enhanced data security feature for collision repairers writing estimates on cccone.com. The new feature provides repairers with the ability to redact the last six digits of a Vehicle Identification Number […]

Filed Under: Feature Tagged With: CCC, estimating, Interview, Privacy

CCC Third Quarter Revenue Up 11% Compared to Last Year

November 7, 2023 By CollisionWeek Editor

Company reports more than $221 million in revenue for the quarter, over $637 million for first nine months. CCC Intelligent Solutions Holdings Inc. (NASDAQ: CCCS) reported total revenue was $221.1 million for the third quarter ended September 30, an increase of 11% from $198.7 million for the third quarter of 2022. For the first nine […]

Filed Under: News Tagged With: CCC, Earnings

Elitek Vehicle Services Announces First Phase of Integration with CCC ONE

November 1, 2023 By CollisionWeek Editor

Elitek Vehicle Services, an LKQ company, is joining the CCC Diagnostics Network (CCC) to include the reporting automation of remote diagnostic services. With this integration, customers will be able to view their scan reports and invoices directly in the CCC ONE work file, allowing the shop to save time and effort while standardizing the documentation […]

Filed Under: News Tagged With: CCC, Diagnostics, Elitek Vehicle Services, Integrations, LKQ Corporation

CCC Introduces Integrated Website Builder for Collision Repair Facilities

October 30, 2023 By CollisionWeek Editor

CCC Intelligent Solutions Inc. (NASDAQ:CCCS) today announced the launch of CCC Amplify, an easy-to-use digital solution that helps collision repair facility operators 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 […]

Filed Under: News Tagged With: CCC

Opus IVS Launches ADAS Map

October 25, 2023 By CollisionWeek Editor

Opus IVS announced the introduction of ADAS Map, a comprehensive software platform designed to identify Advanced Driver Assistance Systems (ADAS) systems, their components, precise component locations, necessary calibrations, and the underlying reasons for these calibrations. This state-of-the-art technology automatically reviews CCC or Mitchell estimates and provides a detailed presentation of a specific vehicle’s ADAS requirements. […]

Filed Under: News Tagged With: Advanced Driver Assistance Systems, CCC, Mitchell International, Opus IVS, Recalibration

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