secwatch.observer — SEC 8-K summary
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Issuer:     CCC Intelligent Solutions Holdings Inc. (CCC)
CIK:        0001818201
Form:       8-K
Filed at:   2023-11-06T23:59:59+00:00
Accession:  0000950170-23-059405
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CCC Intelligent Solutions Q3 revenue up 11% to $221.1M; adjusted EBITDA up 19% to $92.9M
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- Revenue $221.1M (+11% YoY); adjusted gross margin 78%; adjusted EBITDA $92.9M (+19% YoY, margin 42%).
- GAAP net loss $21.2M vs net income $9.8M in Q3 2022; adjusted net income $57.2M (+23% YoY).
- Operating cash flow $60.5M, free cash flow $46.4M, up from $30.8M and $17.4M a year ago.
- Cash and equivalents $448.7M, total debt $786.0M as of Sep 30, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1818201/000095017023059405/0000950170-23-059405-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1818201/000095017023059405/cccs-20231106.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-059405

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer