CCC Q2 2023 Earnings — CCC Intelligent Solutions Holdings Inc. Revenue & Financial Results | Market Cap Arena

CCCCCC Intelligent Solutions Holdings Inc.

$4B

Q2 2023 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$212M+9.8% YoY

Gross Profit

$153M72.1% margin

Operating Income

-$73M-34.6% margin

Net Income

-$98M-46.1% margin

EPS (Diluted)

$-0.16

QoQ Revenue Growth

+3.3%

Cash Flow

Operating Cash Flow

$70M

Free Cash Flow

$55M

Stock-Based Comp.

$35M

Balance Sheet

Total Assets

$3.3B

Total Liabilities

$1.3B

Stockholders' Equity

$2.0B

Cash & Equivalents

$404M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$212M	$193M	+9.8%
Gross Profit	$153M	$140M	+9.0%
Operating Income	-$73M	$13M	-684.7%
Net Income	-$98M	$16M	-727.5%

Revenue Segments

Software Subscriptions

$203M96%

Other Services

$9M4%

Geographic Segments

Americas

$210M99%

CHINA

$2M1%