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CCC Intelligent Solutions soars after beating Q2 expectations

Published 31/07/2025, 23:00
CCC Intelligent Solutions soars after beating Q2 expectations
CCSI
0.90%

Investing.com -- CCC (WA:CCCP) Intelligent Solutions Holdings Inc. (NASDAQ:CCCS), a provider of SaaS platforms for the insurance industry, saw its shares surge 11.5% after reporting second quarter results that exceeded analyst expectations and provided solid full-year guidance.

The company reported adjusted earnings per share of $0.09 for the second quarter, beating the analyst estimate of $0.08. Revenue came in at $260.5 million, surpassing the consensus estimate of $256.21 million and representing a 12% increase YoY from $232.6 million in the same quarter last year.

"CCC delivered strong second quarter results, highlighted by 12% year-over-year revenue growth and adjusted EBITDA margin of 42%," said Githesh Ramamurthy, Chairman & CEO of CCC. "Our solid results reflect our durable business model, operating efficiency, and ongoing investment in innovation that are helping our clients rapidly transform their businesses."

For the third quarter of 2025, CCC expects revenue between $263 million and $266 million, compared to the analyst consensus of $265.5 million. The company’s full-year 2025 revenue guidance of $1.046 billion to $1.056 billion is in line with analyst expectations of $1.05 billion.

The strong market response followed news that several top insurers expanded their use of CCC’s AI-enabled solutions during the quarter. The company also reported continued momentum in its Casualty business, renewing and expanding relationships with major insurers.

CCC’s adjusted EBITDA for the second quarter was $108.1 million, a 13% increase from $95.8 million in the second quarter of 2024. The company generated $43.1 million in cash from operating activities and had free cash flow of $27.4 million during the quarter.

During the second quarter, CCC repurchased 11 million shares of its stock for approximately $100 million, bringing its year-to-date repurchases to 18 million shares for approximately $172 million under its current $300 million authorization.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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