Consensus Cloud Solutions, Inc. Reports Second Quarter 2024 Results Releases Third Quarter 2024 Guidance Raises Full Year 2024 Adjusted EPS Guidance LOS ANGELES -- Consensus Cloud Solutions, Inc. (NASDAQ: CCSI) today reported financial results for the second quarter of 2024. "I am pleased with our Q2 performance. Corporate and SoHo revenues were ahead of expectations, which combined with a full quarter benefit of our cost saving measures, produced a net income margin of 27.3% and a strong Adjusted EBITDA ma ...

LOS ANGELES, June 27, 2024 /PRNewswire/ -- Consensus Cloud Solutions, Inc. (NASDAQ: CCSI), a global leader of digital cloud fax technology and trusted provider of interoperability solutions, has been named a 2024 CSO Award winner from Foundry's CSO. This prestigious honor is bestowed upon a select group of organizations that have implemented security projects and initiatives demonstrating outstanding business value and thought leadership. This award serves as the most recent testament to Consensus' goal of ...

Group Aims to Better Equip Organizations that Depend on Fax Communication with New Interoperability Standard LOS ANGELES, May 29, 2024 /PRNewswire/ -- Consensus Cloud Solutions, Inc. (NASDAQ: CCSI), a global leader of digital cloud fax technology and trusted provider of interoperability solutions, proudly announces that DirectTrust's Interoperable Secure Cloud Fax Consensus Body has elected Consensus Chief Technology Officer, Jeffrey Sullivan, as its Chairperson. Sullivan will steer the efforts of the Conse ...

Consensus Cloud Solutions, Inc. (NASDAQ:CCSI) Q1 2024 Earnings Conference Call May 8, 2024 5:00 PM ET Company Participants Adam Varon - SVP, Finance Scott Turicchi - CEO & Director Johnny Hecker - EVP, Operations & Chief Revenue Officer James Malone - CFO Conference Call Participants Jon Tanwanteng - CJS Securities Jenny Shen - BTIG Anne Samue - JPMorgan Chase & Co. Mark Zhang - Citigroup Operator Good day, ladies and gentlemen, and welcome to consensus Q1 2024 Earnings Call. My name is Paul, and I will be ...

Our research, development and engineering costs consist primarily of personnel-related expenses. Our general and administrative costs consist primarily of personnel-related expenses (inclusive of share-based compensation), professional fees, depreciation and amortization and bad debt expense. The following table represents share-based compensation expense included in cost of revenues and operating expenses in the accompanying Condensed Consolidated Statements of Income for the three months ended March 31, 2 ...

"I am pleased with our Q1 performance. SoHo and Corporate revenues were ahead of expectations, which combined with our cost saving measures, produced a strong EBITDA margin of 54.5%. Our free cash flow was up more than 21% year over year, allowing us to end the quarter with $61.5 million of cash following a spend of $63.5 million on our debt repurchase program. Since the program began in November 2023, we have repurchased $126.0 million of debt and lowered our net debt-to-EBITDA ratio to 3.2, continuing tow ...

The leader in digital cloud fax technology will showcase how AI can be applied to fax for faster, more efficient healthcare workflowsLOS ANGELES, March 6, 2024 /PRNewswire/ -- Consensus Cloud Solutions, Inc. (NASDAQ: CCSI), a global leader of digital cloud fax technology and trusted provider of interoperability solutions, will highlight its innovative technology at HIMSS 2024 in Orlando from March 11-14 (Booth 3801).During the conference, staff will showcase Consensus' advanced solutions including eFax Corp ...

☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Consensus Cloud Solutions, Inc. Delaware 87-1139414 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 700 S. Flower Street, 15th Floor, Los Angeles, California 90017, (323) 860-9200 (Address and telephone number of principal executive offices) Title of each class Trading Symbol(s) Na ...

Consensus Cloud Solutions, Inc. (NASDAQ:CCSI) Q4 2023 Earnings Call Transcript February 21, 2024 5:00 PM ET Company Participants Adam Varon - SVP of Finance Scott Turicchi - CEO Johnny Hecker - CRO & EVP of Operations Jim Malone - CFO Conference Call Participants Jon Tanwanteng - CJS Securities David Larson - BTIG Anne Samuel - JPMorgan Arun Seshadri - BNP Operator Good day, ladies and gentlemen, and welcome to Consensus Q4 2023 Earnings Call. My name is Paul, and I will be the operator assisting you today. ...

Industry, Market and Other Data Third Party Information The following factors, among others, could cause our business, prospects, financial condition, operating results and cash flows to be materially adversely affected: consensus - Cloud Solutions SoHo ● Q4 2023 churn rate of 3.34% improved 15 bps sequentially ● QoQ account base moved from 859K to 831K ● Slow, but progress with existing opportunities, no loss ● Pending federal budget (continuing resolution) ● eFax proves to be alternative for small less de ...