CCC Q3 revenue $238.5M (+8% YoY); GAAP net income positive $4.1M vs loss year ago

CCC Intelligent Solutions Holdings Inc.

2024-Q3 EPS reported $0.03 revenue$698,336,000

Total revenue $238.5M, up 8% from $221.1M in Q3 2023.
GAAP gross profit $183.4M (77% margin) vs $163.1M (74% margin) year ago.
GAAP net income $4.1M vs GAAP net loss of $21.2M in Q3 2023.
Adjusted EBITDA $101.6M (+9% YoY); free cash flow $49.4M.
CEO cites new business wins, renewals, and investments in AI and CCC IX Cloud platform.

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