secwatch.observer — SEC 8-K summary
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Issuer:     CCC Intelligent Solutions Holdings Inc. (CCC)
CIK:        0001818201
Form:       8-K
Filed at:   2024-07-30T23:59:59+00:00
Accession:  0000950170-24-087864
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CCC Intelligent Solutions Q2 revenue up 10% to $232.6M; GAAP net income $21.4M vs loss
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- Revenue $232.6M (+10% YoY); adjusted gross margin 78% vs 77%.
- GAAP net income $21.4M versus net loss of $97.3M in Q2 2023.
- Adjusted EBITDA $95.8M (+18% YoY); adjusted net income $56.2M.
- Operating cash flow $51.8M; free cash flow $36.2M in the quarter.
- Cash and equivalents $237.9M; total debt $780.0M at June 30.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1818201/000095017024087864/0000950170-24-087864-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1818201/000095017024087864/cccs-20240730.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-087864

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