CSIMarket
 
Ccc Intelligent Solutions Holdings Inc   (CCCS)
Other Ticker:  
 
    Sector  Technology    Industry Software & Programming
   Industry Software & Programming
   Sector  Technology
 
Price: $11.9400 $-0.01 -0.084%
Day's High: $12.02 Week Perf: 0.00
Day's Low: $ 11.88 30 Day Perf: 3.11 %
Volume (M): 1,772 52 Wk High: $ 13.41
Volume (M$): $ 21,158 52 Wk Avg: $10.95
Open: $11.88 52 Wk Low: $8.42



 Market Capitalization (Millions $) 7,462
 Shares Outstanding (Millions) 625
 Employees 2,250
 Revenues (TTM) (Millions $) 842
 Net Income (TTM) (Millions $) -115
 Cash Flow (TTM) (Millions $) 201
 Capital Exp. (TTM) (Millions $) 52

Ccc Intelligent Solutions Holdings Inc
CCC is a leading provider of innovative cloud, mobile, AI, telematics, hyperscale technologies and applications for the property and casualty ('P&C') insurance economy. Our SaaS platform connects trading partners, facilitates commerce, and supports mission-critical, AI-enabled digital workflows. Leveraging decades of deep domain experience, our industry-leading platform processes more than $100 billion in annual transaction value across this ecosystem, digitizing workflows and connecting more than 30,000 companies across the P&C insurance economy, including insurance carriers, collision repairers, parts suppliers, automotive manufacturers, financial institutions and others.
Our company was founded on two pillars: car insurance claims and vehicle collision repair. We have been providing cutting-edge software solutions to the insurance and repair sectors for decades, including pioneering Direct Repair Programs ("DRP") in the United States ("U.S.") beginning in 1992. Direct Repair Programs bring together car insurance and collision repair shops to provide financial value for both sides, and they need the use of digital solutions to streamline interactions and administer partner programs. DRP connections from insurers to shops have established a significant network effect for CCCs platform, as insurers and repairers both benefit from being part of the broadest network to maximize prospects. This has resulted in a virtuous cycle in which more insurers on the platform create more value for the platforms collision businesses, and vice versa.
We think that through extending the depth and breadth of our SaaS products over many years, we have established ourselves as a premier insurance and repair SaaS supplier in the United States. Our insurance solutions assist insurance companies in managing mission-critical workflows across the claims lifecycle while also creating intelligent, dynamic experiences for their own consumers. Our software effortlessly connects with both old and current systems, allowing insurers to swiftly innovate on our platform. By digitizing procedures to accelerate company development, streamline operations, and enhance repair quality, our repair solutions enable collision repair facilities achieve superior performance across the collision repair cycle. We have over 300 insurers on our network, and our multi-tenant cloud platform connects them to over 27,000 repair facilities. We feel that our software is the architectural solution.
Our platform is intended to address the insurance industrys "many-to-many" dilemma. In todays market, there are several internally and externally produced insurance software solutions, with the great majority of apps focusing on insurance-only use cases rather than servicing the larger insurance ecosystem. To further automate interactions and optimize value for our consumers, we have focused establishing a leading network around our vehicle insurance and collision repair pillars. Tens of thousands of organizations engage in the insurance sector on our platform, including insurers, repairers, parts suppliers, car manufacturers, and financial institutions. Our products add value to each of these parties by allowing them to connect to our extensive network in order to cooperate with other businesses, streamline processes, and decrease costs.


   Company Address: 167 N. Green Street Chicago 60607 IL
   Company Phone Number: 621-8070   Stock Exchange / Ticker: NASDAQ CCCS
   


Customers Net Income fell by CCCS's Customers Net Profit Margin fell to

-99.8 %

0.01 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
• View Complete Report
   



Stock Transactions

CCC Solutions Holdings Inc. Announces Pricing of Secondary Offering, Affirms Strong Performance for Shareholders

Published Fri, Mar 1 2024 2:35 AM UTC


Chicago, IL - CCC Intelligent Solutions Holdings Inc. (NASDAQ: CCCS) has just announced the pricing of a secondary offering of 43 million shares of the company's common stock at $11.42 per share. This offering, made by affiliates of Advent International, L.P. and Oak Hill Capital Partners, comes as a strategic move to increase liquidity in the market and provide an oppo...

Stock Transactions

Navigating the Markets: CCC Solutions Announces Secondary Offering of Common Stock

Published Thu, Feb 29 2024 9:40 PM UTC

CCC Intelligent Solutions Announces Secondary Offering of Common Stock
In a press release today, CCC Intelligent Solutions Holdings Inc. (NASDAQ: CCCS) announced a proposed secondary offering of 40 million shares of the company's common stock. The offering will be made by affiliates of Advent International, L.P. and Oak Hill Capital Partners, the Selling Stockholders. Ad...

Stock Transactions

CCC Solutions Holdings Inc.'s Upsized Secondary Offering Reflects Investors' Confidence, Bolsters Shareholder Optimism

Published Thu, Jan 4 2024 1:00 PM UTC


Chicago, IL - CCC Intelligent Solutions Holdings Inc. (NASDAQ: CCCS) has successfully priced a significantly upsized secondary offering of 22 million shares of its common stock by affiliates of Advent International, L.P. The Offering, originally planned for 20 million shares, indicates strong demand from investors and demonstrates their confidence in the company's futur...

Stock Issue News

CCC Solutions Holdings Inc. Announces Secondary Offering of 20 Million Shares, Signaling Positive Market Response.

Published Wed, Jan 3 2024 9:25 PM UTC



Chicago-based CCC Intelligent Solutions Holdings Inc. (NASDAQ: CCCS) recently disclosed its proposed secondary offering, involving the sale of 20 million shares of the company's common stock by affiliates of Advent International, L.P. (the Selling Stockholders). This offering, which will enable the Selling Stockholders to sell their shares either through negotiated...

Stock Transactions

CCC Solutions Witnessing Healthy Growth with Successful Secondary Offering

Published Thu, Nov 9 2023 5:41 AM UTC



CCC Intelligent Solutions Holdings Inc. has recently announced the pricing of a secondary offering of its common stock, which includes a concurrent common stock repurchase. This article will outline the key facts of the press release and assess their impact on the company's shares. Additionally, it highlights the positive share performance CCC Intelligent Solutions...






 

Ccc Intelligent Solutions Holdings Inc's Segments
 
 
• View Complete Report




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com