NASDAQ$CCC
CCC Intelligent Solutions Holdings Inc · Q3 2023 earnings
Q3 2023 earnings · · Investor relations
Briefing
CCC delivered strong results, with revenue growth, adjusted EBITDA growth, and a solid adjusted EBITDA margin.
CCC Intelligent Solutions Holdings Inc. reported an 11% increase in revenue to $221.1 million for Q3 2023, compared to $198.7 million in Q3 2022. The company's adjusted EBITDA grew by 19% year-over-year, reaching $92.9 million, with an adjusted EBITDA margin of 42%. GAAP net loss was $21.2 million, compared to GAAP net income of $9.8 million for the same period last year.
- Total revenue increased by 11% year-over-year, reaching $221.1 million.
- Adjusted EBITDA grew by 19% year-over-year, amounting to $92.9 million.
- GAAP gross profit was $163.1 million, with a gross margin of 74%.
- Introduced Repair Cost Predictor and Mobile Jumpstart to address labor challenges.
Headline financials
Revenue & EPS history
CCC · Revenue · Quarterly
$221M
Forward guidance
The Company is issuing the following financial guidance: Fourth Quarter Fiscal 2023 Revenue $221.5 million to $223.5 million and Adjusted EBITDA $92 million to $94 million. Full Year Fiscal 2023 Revenue $859 million to $861 million and Adjusted EBITDA $345 million to $347 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 Q3 2023
+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
| Quarter | Report date | Reaction (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% |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro