Welcome to our dedicated page for CCC Intelligent Solutions Holdings news (Ticker: $CCCS), a resource for investors and traders seeking the latest updates and insights on CCC Intelligent Solutions Holdings stock.
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.
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
-
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
-
Rhea-AI Summary
CCC Intelligent Solutions Holdings Inc. (NASDAQ: CCCS) has announced the pricing of a secondary offering of 22 million shares of the Company’s common stock by affiliates of Advent International, L.P. The Offering was upsized from the previously announced 20 million shares and is expected to close soon.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.2%
Tags
News
Rhea-AI Summary
CCC Intelligent Solutions Holdings Inc. (NASDAQ: CCCS) announces a proposed secondary offering of 20 million shares of common stock by affiliates of Advent International, L.P. The Company will not receive any proceeds from the sale. J.P. Morgan, Barclays, and Citigroup are acting as joint book running managers for the Offering. The Offering is being made pursuant to an effective shelf registration statement on Form S-3 (Registration No. 333-267793) filed with the SEC.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.2%
Tags
-
Rhea-AI Summary
CCC Intelligent Solutions Holdings Inc. (NASDAQ: CCCS) announces the pricing of a secondary offering of 65 million shares of common stock at $10.50 per share, with an increase of 15 million shares from the previously announced size. The offering also includes an option for underwriters to purchase an additional 4,875,000 shares. The Selling Stockholders are affiliates of Advent International, L.P.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.99%
Tags
-
Rhea-AI Summary
CCC Intelligent Solutions Holdings Inc. (NASDAQ: CCCS) announces a proposed secondary offering of 50 million shares of common stock by affiliates of Advent International, L.P. The underwriters may purchase an additional 3,750,000 shares. The Company will not receive proceeds from the sale. The Company plans to repurchase 25 million shares at the same price using cash on hand. J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC are joint book-running managers. The Offering is made pursuant to an effective shelf registration statement on Form S-3 (Registration No. 333-267793).
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.99%
Tags
Rhea-AI Summary
CCC Intelligent Solutions Holdings Inc. reports strong third-quarter results with 11% year-over-year revenue growth and 19% year-over-year adjusted EBITDA growth. The company achieved an adjusted EBITDA margin of 42%. Total revenue was $221.1 million, and adjusted EBITDA was $92.9 million. CCC introduced AI-driven solutions, Repair Cost Predictor and Mobile Jumpstart, to address labor challenges in repair facilities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.97%
Tags
-
Rhea-AI Summary
CCC Intelligent Solutions Inc. has launched CCC Amplify, a digital solution that allows collision repairers to build and launch customized websites in minutes. CCC Amplify integrates CCC ONE shop information to simplify the website creation and maintenance process. Repairers can choose from pre-designed templates and customize them as needed, even without technical experience. The solution also enables appointment booking and photo estimate requests for repair shops with CCC Engage. CCC Amplify aims to strengthen the online presence and lead generation efforts of repairers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.74%
Tags
-
Rhea-AI Summary
CCC Intelligent Solutions announces new AI-based photo analysis capabilities for claims handling and appraisal process
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.73%
Tags
Rhea-AI Summary
CCC Intelligent Solutions Holdings Inc. to release Q3 fiscal year 2023 financial results
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.09%
Tags
CCC Intelligent Solutions Holdings Inc.
Nasdaq:CCCS
CCCS Rankings
CCCS Stock Data
6.63B
191.46M
3.81%
82.41%
0.75%
Software Publishers
Information
United States of America
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