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CCC Intelligent Solutions Holdings Inc - CCCS STOCK NEWS

Welcome to our dedicated news page for CCC Intelligent Solutions Holdings (Ticker: CCCS), a resource for investors and traders seeking the latest updates and insights on CCC Intelligent Solutions Holdings.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect CCC Intelligent Solutions Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of CCC Intelligent Solutions Holdings's position in the market.

News
CCC Intelligent Solutions Announces Date of First Quarter 2024 Earnings Call
Rhea-AI Summary
CCC Intelligent Solutions Holdings Inc. (CCCS) will release its Q1 2024 financial results on April 30, 2024. A conference call will be held to discuss the results and business outlook.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.93%
Tags
earnings
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News
CCC Sets Bold Vision to Make Life Just Work for Customers and the Millions of Consumers Involved in Auto Claims, Repairs Each Year
Rhea-AI Summary
CCC Intelligent Solutions introduces the CCC Intelligent Experience (IX) Cloud™ platform to revolutionize the P&C insurance economy with advanced AI technology, aiming to enhance customer experiences following auto accidents.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.03%
Tags
none
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News
CCC Intelligent Solutions Announces Proposed Secondary Offering of 20 Million Shares of Common Stock
Rhea-AI Summary
CCC Intelligent Solutions Holdings Inc. (NASDAQ: CCCS) announces a secondary offering of 20 million shares by Selling Stockholders, Advent International, L.P., and Oak Hill Capital Partners. The Offering will not provide proceeds to the Company, managed by J.P. Morgan. The Offering is under an effective shelf registration statement on Form S-3, with details available on the SEC website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.02%
Tags
none
News
CCC Crash Course Report Reveals How Labor Pressures and Increasing Vehicle Complexity Are Reshaping Auto Insurance and Collision Repair Industries
Rhea-AI Summary
CCC Intelligent Solutions Inc. releases its 2024 Crash Course Report, focusing on trends in auto claims and collision repair industries. The report highlights challenges like rising repair costs due to advanced technology, longer repair times, and emerging trends like 'replace vs. repair'. Quarterly publication aims to support industry needs with more data and insights.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.08%
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none
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News
CCC® Inbound Subrogation Streamlines Claims Resolutions
Rhea-AI Summary
CCC Intelligent Solutions Inc. launches CCC® Inbound Subrogation, utilizing AI and advanced technology to streamline the claims review process for carriers. The solution aims to improve cycle time, reduce manual intervention, and enhance operational effectiveness in insurance operations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.42%
Tags
none
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News
CCC Intelligent Solutions Announces Pricing of Upsized Secondary Offering of 43 Million Shares of Common Stock
Rhea-AI Summary
CCC Intelligent Solutions Holdings Inc. (NASDAQ: CCCS) announces pricing of secondary offering of common stock at $11.42 per share, consisting of 43 million shares with an upsized option of 6.45 million shares. Selling Stockholders include affiliates of Advent International, L.P. and Oak Hill Capital Partners.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.43%
Tags
none
News
CCC Intelligent Solutions Announces Proposed Secondary Offering of 40 Million Shares of Common Stock
Rhea-AI Summary
CCC Intelligent Solutions Holdings Inc. (NASDAQ: CCCS) announces a proposed secondary offering of 40 million shares of common stock by Selling Stockholders, with underwriters having a 30-day option for an additional 6 million shares. The Offering is solely by Selling Stockholders, with no proceeds to the Company. The Offering is made under an effective shelf registration statement and managed by Goldman Sachs, BofA Securities, and J.P. Morgan.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.43%
Tags
none
-
News
CCC Intelligent Solutions Holdings Inc. Announces Fourth Quarter and Fiscal Year 2023 Financial Results
Rhea-AI Summary
CCC Intelligent Solutions Holdings Inc. reported strong financial results for Q4 2023 and full year 2023, with revenue growth of 11% and adjusted EBITDA margin of 41%. The company made significant investments in expanding its network and capabilities, leading to margin expansion and growth. CCC processed a record number of U.S. auto insurance claims and doubled insurers using its AI-based solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.95%
Tags
earnings
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News
CCC Intelligent Solutions Announces Date of Fourth Quarter and Fiscal Year 2023 Earnings Call
Rhea-AI Summary
CCC Intelligent Solutions Holdings Inc. (CCCS) will release its financial results for Q4 and fiscal year 2023 on February 28, 2024. The company will also host a conference call to discuss the financial results and business outlook.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.82%
Tags
earnings
News
CCC ONE® Includes Advanced Data Privacy Feature for Repairers
Rhea-AI Summary
CCC Intelligent Solutions Inc. (CCC) has introduced an enhanced data security feature for collision repairers, allowing them to redact sensitive information before sharing estimates with third-party partners. This feature aims to protect customers' information while enabling necessary business transactions. The new feature is part of CCC's commitment to supporting repairers in navigating data privacy and security challenges.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.18%
Tags
none
Stock CCCS logo
CCC Intelligent Solutions Holdings Inc

Nasdaq:CCCS

CCCS Rankings

#988 Ranked by Market Cap
#1065 Ranked by Stock Gains
N/A Ranked by Dividends

CCCS Stock Data

7.19B
191.46M
3.81%
82.41%
0.75%
Software Publishers
Information
Link
United States
Chicago

About CCCS

technology innovation is completely disrupting the way we use cars to get from place to place. telematics, ridesharing, autonomous vehicles, usage-based insurance, the internet of things – all of these amazing technologies are converging on the automotive and insurance industries at remarkable speed and ccc information services is leading the way. since first launching over 30 years ago, we have continually led and shaped our industry through innovative software development, exceptional customer service, and unique, insightful analysis. we deliver the technology solutions that help people get back into their cars quickly after an accident. our ecosystem facilitates seamless connections between insurers, auto manufacturers, repairers, part suppliers and, most importantly, the millions of drivers who count on them every day. the growth and change at ccc is exciting, inspiring, and invigorating. if you want to innovate, grow, and be part of a winning team, join us and see where your talen