CCC Intelligent Solutions Holdings Inc. (NASDAQ:CCCS) Q1 2022 Earnings Conference Call May 5, 2022 5:00 PM ET

Company Participants

Brian Denyeau – Managing Director-ICR, LLC

Githesh Ramamurthy – Chairman and Chief Executive Officer

Brian Herb – Chief Financial Officer

Conference Call Participants

Dylan Becker – William Blair

Chris Moore – CJS Securities

Peter Burkly – Evercore ISI

Jake Titleman – Goldman Sachs

Gary Prestopino – Barrington Research

Operator

Greetings and welcome to the CCC Intelligent Solutions First Quarter 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, Brian Denyeau from ICR. Please go ahead.

Brian Denyeau

Good afternoon. And thank you for joining us today to CCC’s first quarter 2022 financial results, which we announced in a press release issued after the close of the market today. Joining me on the call today 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 could cause the actual results and implementation of the company's plans to vary materially. These risks are discussed in the earnings release, which is available on our Investor Relations website under the heading Risk Factors and 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 our transcript.

Please note 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 of management and investors regarding certain financial and business trends relating to the company's financial condition and 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.

Thank you, and now I'll turn it over to Githesh.