CCC Intelligent Solutions Q3 revenue $198.7M (+13%), raises FY2022 guidance

CCC Intelligent Solutions Holdings Inc.

2022-Q3 EPS reported $0.06 revenue$578,342,000

Revenue $198.7M (+13% YoY); GAAP net income $9.8M vs net loss $189.8M in Q3 2021.
Adjusted net income $46.6M vs $29.7M; adjusted EBITDA $78.1M (+11% YoY).
Raised FY2022 revenue and adjusted EBITDA guidance.
Cash $248.2M; operating cash flow $30.8M; free cash flow $17.4M.
Adjusted gross profit margin 78% (unchanged YoY).

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

CCC Intelligent Solutions Holdings Inc. reported the three months ended September 30, 2022 results: revenue $198.7 million, net income $9.8 million. Guidance raised.

Period: the three months ended September 30, 2022
Revenue: $198.7 million
Net income: $9.8 million
Guidance: raised
Result: reported results

Exact text from the filing

address the macro environment and support our clients in their digital transformation,” continued Ramamurthy. Third Quarter 2022 Financial Highlights Revenue • Total revenue was $198.7 million for the third quarter of 2022, an increase of 13% from $176.6 million for the third quarter of 2021. Profitability • GAAP gross profit was $145.6 million, representing a gross

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Source: SEC EDGAR

accession 0000950170-22-022051

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