CCC Intelligent Solutions Holdings Inc. (NASDAQ:CCCS) Q2 2023 Earnings Conference Call August 1, 2023 5:00 PM ET

Company Participants

Bill Warmington - VP, IR

Githesh Ramamurthy - Chairman and CEO

Brian Herb - CFO

Conference Call Participants

Kirk Materne - Evercore ISI

Dylan Becker - William Blair

Gabriela Borges - Goldman Sachs

Saket Kalia - Barclays

Michael Funk - Bank of America

Tyler Radke - Citi

Chris Moore - CJS Securities

Gary Prestopino - Barrington Research

Arvind Ramnani - Piper Sandler

Operator

Good day, and thank you for standing by. Welcome to the CCC Intelligent Solutions' Second Quarter Fiscal 2023 Earnings Call. At this time, all participants are in listen-only mode. After the speakers' presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today's conference is being recorded.

I would like to hand the conference over to your speaker today, Bill Warmington. Please go ahead.

Bill Warmington

Thank you, operator. Good afternoon and thank you for joining us today to review CCC's second quarter 2023 financial results, which we announced in the press release issued following the close of the market today. Joining me on the call are Githesh Ramamurthy, CCC's Chairman and CEO; and Brian Herb, CCC's CFO.

The forward-looking statements we make today about the company's results and plans are subject to risks and uncertainties that may cause the actual results and the implementation of the company's plans to vary materially. These risks are discussed in the earnings releases available on our Investor Relations website and under the heading Risk Factors in our 2022 annual report on Form 10-K filed with the SEC.

Further, these comments and the Q&A that follows are copyrighted today by CCC Intelligent Solutions Holdings Inc. Any recording, retransmission, or reproduction or other use of the same for profit or otherwise without prior consent of CCC is prohibited and a violation of the United States copyright and other laws.

Additionally, while we've approved the publishing of the transcript of this call by a third-party, we take no responsibility for inaccuracies that may appear in that transcript.

Please note, the discussion on today's call includes certain non-GAAP financial measures as defined by the SEC. The company believes these non-GAAP financial measures provide useful information to management and investors regarding certain financial and business trends relating to the company's financial condition and the results of operations. A reconciliation of GAAP to non-GAAP measures is available in our earnings release that is available on our Investor Relations website.