CCC Intelligent Solutions Q3 Earnings, Revenue Rise; Guidance Issued -- Shares Down After-Hours

MT Newswires Live

2024-10-29

CCC Intelligent Solutions (CCCS) reported Q3 adjusted EPS late Monday of $0.10, up from $0.09 a year earlier.

Analysts surveyed by Capital IQ expected $0.09.

Revenue for the quarter ended Sept. 30 was $238.5 million, up from $221.1 million a year earlier.

Analysts surveyed by Capital IQ expected $237.4 million.

The company expects Q4 revenue of $242.5 million to $246.5 million. Analysts expect $246.3 million.

Full-year 2024 revenue is expected to be $941 million to $945 million, similar to its prior outlook in July. Analysts surveyed by Capital IQ expect $943.5 million.

CCC Intelligent Solutions stock was down 4.3% in after-hours activity.

Price: 10.48, Change: -0.47, Percent Change: -4.29

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