NASDAQ$CCC

CCC Intelligent Solutions Holdings Inc · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

CCC delivered strong financial results, exceeding guidance ranges and demonstrating business durability through innovation and efficiency.

CCC Intelligent Solutions Holdings Inc. reported a revenue of $204.1 million for Q4 2022, compared to $187.1 million for Q4 2021. GAAP gross profit was $145.5 million, with a gross margin of 71%. GAAP operating income was $9.7 million, and GAAP net income was $1.1 million. Adjusted EBITDA was $80.1 million, a 6% increase compared to the previous year. The company continues to focus on AI and digital solutions to improve customer experience and operational efficiency.

  • Total revenue for Q4 2022 reached $204.1 million, surpassing the revenue of $187.1 million in Q4 2021.
  • GAAP gross profit was $145.5 million for Q4 2022, with a gross margin of 71%.
  • GAAP operating income was $9.7 million for Q4 2022, compared to $15.3 million for Q4 2021.
  • Adjusted EBITDA increased to $80.1 million in Q4 2022, marking a 6% growth from $75.7 million in Q4 2021.

Headline financials

Total Revenue

$204M

Previous: $187M+9.1%
EPS (adj)

$0.07

Previous: $0.08-12.5%
Free Cash Flow

$72.4M

Previous: $17.3M+318.0%
Net Income

$1.1M

Previous: -$57.9M+101.9%
Operating Income

$9.69M

Previous: $15.3M-36.6%
Gross Profit

$146M

Previous: $139M+4.4%
Cash & Equivalents

$324M

Previous: $183M+77.4%
Total Assets

$3.35B

Previous: $3.24B+3.5%

Revenue & EPS history

CCC · Revenue · Quarterly

$204M

Q4 2022+9.1%vs Q4 2021
Beat estimate in 13 of 15 quarters(87%)
ActualEstimate

Forward guidance

CCC Intelligent Solutions provided financial guidance for the first quarter and full year of fiscal 2023, expecting revenue between $202 million and $204 million for Q1 2023 and between $842 million and $850 million for the full year. Adjusted EBITDA is projected to be between $76 million and $78 million for Q1 2023 and between $330 million and $338 million for the full year.

Tailwinds

  • Revenue is expected to be between $202 million and $204 million for Q1 2023.
  • Revenue is expected to be between $842 million and $850 million for the full year 2023.
  • Adjusted EBITDA is projected to be between $76 million and $78 million for Q1 2023.
  • Adjusted EBITDA is projected to be between $330 million and $338 million for the full year 2023.

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 Q4 2022

Historical avgQ4 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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