Shares of CCC Intelligent Solutions Holdings Inc. (NASDAQ: CCCS) plummeted 5.22% in pre-market trading on Tuesday following the release of its first-quarter 2025 financial results. The company, a leading SaaS platform provider for the insurance economy, reported mixed results and lowered its full-year revenue guidance, disappointing investors.

CCC Intelligent Solutions reported Q1 adjusted earnings of $0.08 per diluted share, down from $0.09 a year earlier but in line with analyst expectations. Revenue for the quarter ended March 31 was $251.6 million, up from $227.2 million in the previous year and slightly above the $249.8 million expected by analysts. Despite the revenue beat, the company's guidance for the upcoming quarter and full year raised concerns among investors.

For the second quarter, CCC Intelligent Solutions expects revenue of $255.5 million to $257.5 million, falling short of the $259 million analysts were anticipating. More significantly, the company trimmed its 2025 revenue guidance to $1.05 billion to $1.06 billion, down from its previous forecast of $1.06 billion to $1.07 billion. This reduction in full-year guidance, coupled with the lower-than-expected Q2 revenue outlook, appears to be the primary driver behind the stock's sharp decline.