CCC Intelligent Solutions Q3 net income swings to $30.23 million profit; revenue rises 10% to $294.09 million
CCCS•CCCS•CCCS•CCCS•CCC Intelligent Solutions reported third-quarter net income of $30.23 million, compared with a year-earlier loss, as revenue rose 10% to $294.09 million. A proposed $7.75-per-share cash acquisition is expected to close in the first quarter of 2027, subject to approvals and customary conditions.
CCC Intelligent Solutions swung to third-quarter 2026 net income of $30.23 million from a year-earlier loss, while revenue increased 10% year over year to $294.09 million. GTCR and Elliott's proposed $7.75-per-share cash acquisition is expected to close in the first quarter of 2027, subject to approvals and customary conditions. The company suspended guidance and will not hold an earnings conference call in light of the proposed acquisition.
