NASDAQ$CCC

CCC Intelligent Solutions Holdings Inc · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

CCC delivered strong results, driven by revenue growth and adjusted EBITDA growth.

CCC Intelligent Solutions Holdings Inc. announced its financial results for the second quarter of 2022, reporting a 16% increase in revenue and a 22% increase in adjusted EBITDA. The company also raised its revenue and adjusted EBITDA guidance for fiscal year 2022.

  • Total revenue increased by 16% to $192.8 million compared to the second quarter of 2021.
  • GAAP gross profit was $139.9 million, with a gross profit margin of 73%.
  • GAAP net income was $15.6 million, compared to $3.8 million for the second quarter of 2021.
  • Adjusted EBITDA grew 22% to $73.4 million compared to the second quarter of 2021.

Headline financials

Total Revenue

$193M

Previous: $167M+15.6%
EPS (adj)

$0.06

Previous: $0.01+500.0%
Capital Expenditures

-$25.5M

Previous: $8.52M-398.9%
Free Cash Flow

-$9.91M

Previous: -$47.9M+79.3%
Net Income

$15.6M

Previous: $3.82M+307.9%
Operating Income

$12.5M

Previous: $22M-43.1%
Gross Profit

$140M

Previous: $121M+15.4%
Cash & Equivalents

$228M

Previous: $1.44M+15686.7%
Total Assets

$3.27B

Previous: $692M+372.1%
Stock-Based Comp

$28.4M

Previous: $2.88M+885.2%

Revenue & EPS history

CCC · Revenue · Quarterly

$193M

Q2 2022+15.6%vs Q2 2021
Beat estimate in 13 of 15 quarters(87%)
ActualEstimate

Forward guidance

The Company is issuing revenue guidance of $194 million to $196 million and adjusted EBITDA guidance of $72 million to $74 million.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2022

Historical avgQ2 2022

+1.0%

Avg return

Earnings day

-0.6%

Avg return

5 days after

+1.6%

Avg return

30 days after

57%

13 / 23 earnings

Positive

+23.4%

Q4 2025

Best reaction

-9.9%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+8.7%+10.4%-2.9%
Q4 2025+23.4%+10.1%+14.8%
Q3 2025-3.0%-9.8%-17.3%
Q1 2025-9.9%-2.0%-2.9%
Q4 2024+0.1%-2.5%-13.4%
Q3 2024-0.6%-4.8%+14.6%
Q2 2024-7.1%-7.5%-1.6%
Q1 2024-7.9%-5.7%-1.6%
Q4 2023+1.5%+2.8%+3.6%
Q3 2023+6.7%+4.8%+6.5%
Q2 2023-2.3%-3.2%-2.9%
Q1 2023+5.4%+2.6%+28.2%
Q4 2022-2.7%-0.9%+0.1%
Q3 2022+2.4%+1.2%+2.5%
Q2 2022+1.9%-1.3%-4.9%
Q1 2022-1.4%-15.8%+4.1%
Q4 2021+1.3%-1.6%+1.7%
Q2 2021+1.3%-1.6%+1.7%
Q1 2020+3.3%+5.0%-5.5%
Q3 2021+3.9%+7.3%-1.8%
Q1 2021+0.4%-0.1%+0.0%
Q4 2020-1.7%-0.3%-0.1%
Q3 2020-0.7%-0.3%+14.4%

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