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CCC Intelligent Solutions Holdings Inc. Announces Fourth Quarter and Fiscal Year 2024 Financial Results

1. CCC posts 9% revenue growth and 42% EBITDA margin. 2. Significant AI investments enhance its long-term operational strategy.

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+0.1%Current Return
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+0.04%S&P 500
$10.302/25 04:22 PM EDTEvent Start
$10.3102/26 10:50 PM EDTLatest Updated
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FAQ

Why Bullish?

Robust financials and strategic AI investments position CCCS for sustained growth. Historical trends show that solid earnings and technological advancements usually boost investor confidence.

How important is it?

Direct financial results and commitment to innovation indicate a positive strategic trajectory, likely influencing CCCS’s valuation.

Why Long Term?

The focus on AI-based innovation suggests benefits will accrue over several years, similar to past tech investments improving competitive positions.

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CHICAGO--(BUSINESS WIRE)--CCC Intelligent Solutions Holdings Inc. (“CCC” or the “Company”) (NASDAQ: CCCS), a leading cloud platform provider for the P&C insurance economy, today announced its financial results for the three months and year ended December 31, 2024. “CCC delivered another year of solid financial performance, with year-over-year revenue growth in 2024 of 9% and adjusted EBITDA margin of 42%. We made significant investments in 2024 to deliver AI-based innovation and operational.

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