CCC Intelligent Solutions Holdings (CCCS) Tops Q3 EPS by 1c; Offers FY23 Revenue Guidance
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CCC Intelligent Solutions Holdings Inc. Announces Third Quarter 2023 Financial Results
November 6, 2023 4:05 PM ESTCHICAGO--(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 September 30, 2023.
CCC delivered strong third quarter results, highlighted by 11% year-over-year revenue growth, 19% year-over-year adjusted EBITDA growth, and an adjusted EBITDA margin of 42%. Our solid performance reflects positive momentum across our business from continuing to deliver new, high-ROI solutions that improve the operating efficiency and consumer experience of our customers mission-critical workflows, said Githesh Ramamurthy, Chairman & CEO of CCC.
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