8-K
filed March 1, 2023, 6:59 PM ET
ticker CCC
CIK 0001818201
earnings
confidence high
sentiment positive
materiality 0.75
CCC Intelligent Solutions Q4 revenue $204.1M (+9% YoY); FY2022 revenue $782.4M (+14% YoY)
CCC Intelligent Solutions Holdings Inc.
2022-FY EPS reported
$0.06
revenue$782,448,000
- Q4 2022 revenue $204.1M vs $187.1M Q4 2021; GAAP net income $1.1M vs net loss $57.9M.
- FY2022 revenue $782.4M (+14% YoY); adjusted EBITDA $305.4M (+17% YoY), margin 39%.
- GAAP operating income $51.9M for FY2022 vs operating loss $144.7M in FY2021.
- Free cash flow $152.0M in FY2022 vs $89.0M in FY2021; cash $323.8M, debt $792.0M.
- Management cites durable business, AI adoption, and challenging operating environment for customers.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
CCC Intelligent Solutions Holdings Inc. reported the three months and year ended December 31, 2022 results: revenue $782.4 million, net income $38.4 million.
- Period
- the three months and year ended December 31, 2022
- Revenue
- $782.4 million
- Net income
- $38.4 million
- Result
- reported results
Exact text from the filing
Total revenue was $204.1 million for the fourth quarter of 2022, compared to $187.1 million for the fourth quarter of 2021.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
CCC Intelligent Solutions Holdings Inc. reported the three months and year ended December 31, 2022 results: revenue $782.4 million, net income $38.4 million.
- Period
- the three months and year ended December 31, 2022
- Revenue
- $782.4 million
- Net income
- $38.4 million
- Result
- reported results
Exact text from the filing
Total revenue was $782.4 million for the full year 2022, an increase of 14% from $688.3 million for the full year 2021.
View on SEC.gov
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