CCC Intelligent Solutions Holdings Inc. (NASDAQ:CCCS) Q2 2022 Earnings Conference Call August 4, 2022 5:00 PM ET

Company Participants

William Warmington – Vice President-Investor Relations

Githesh Ramamurthy – Chairman and Chief Executive Officer

Brian Herb – Chief Financial Officer

Conference Call Participants

Dylan Becker – William Blair

David Kelley – Jefferies

Adi Ahire – Evercore ISI

Chris Moore – CJS Securities

Tyler Radke – Citi

Gary Prestopino – Barrington Research

Operator

Greetings, ladies and gentlemen, and welcome to the CCC Intelligent Solutions Second Quarter of 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded.

I would now like to turn the conference over to your host, Mr. William Warmington, Vice President of Investor Relations.

William Warmington

Good afternoon, and thank you for joining us today to review CCC’s second quarter 2022 financial results, which we announced in the press release issued after 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 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 2021 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 Incorporated. Any recording or retransmission, reproduction or other use of the same for profit or otherwise without prior consent of CCC is prohibited and a violation of United States copyright and other laws. Additionally, while we have approved the publishing of a transcript of this call by a third-party, we take no responsibility for inaccuracies that may appear in that transcript.

Please note that the discussion on today’s call include 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.