SaaS platform provider CCC's Q2 revenue rises

Reuters08-01
SaaS platform provider CCC's <a href="https://laohu8.com/S/QTWO">Q2</a> revenue rises

Overview

  • CCC Intelligent Solutions Holdings Q2 2025 revenue grows 12% yr/yr to $260.5 mln

  • Adjusted EBITDA for Q2 2025 rises 13%, reflecting strong operational performance

  • The SaaS platform provider for the insurance economy repurchased 11 mln shares for $100 mln

Outlook

  • CCC expects Q3 revenue between $263 mln and $266 mln

  • Company forecasts full-year revenue of $1.046 bln to $1.056 bln

  • CCC anticipates Q3 adjusted EBITDA of $104 mln to $107 mln

  • Company projects full-year adjusted EBITDA of $420 mln to $428 mln

Result Drivers

  • CUSTOMER ADOPTION - Larger customers progressed past pilot phases to broader rollouts, boosting revenue

  • AI SOLUTIONS - Top insurers contracted for AI-enabled auto physical damage and subrogation solutions, enhancing engagement

  • INNOVATION INVESTMENT - Ongoing investment in innovation and operating efficiency supported strong results

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q2 Revenue

$260.50 mln

Q2 Net Income

$13 mln

Q2 Adjusted EBITDA

$108.10 mln

Q2 Adjusted Gross Margin

78.0%

Q2 Adjusted Gross Profit

$202.50 mln

Q2 Adjusted Operating Income

$94.20 mln

Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy", 2 "hold" and 1 "sell" or "strong sell"

  • The average consensus recommendation for the software peer group is "buy"

  • Wall Street's median 12-month price target for CCC Intelligent Solutions Holdings Inc is $12.00, about 18.5% above its July 30 closing price of $9.79

  • The stock recently traded at 26 times the next 12-month earnings vs. a P/E of 24 three months ago

Press Release: ID:nBwc5Bmmpa

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment