earnings
confidence high
sentiment neutral
materiality 0.65
Consensus Q2 rev $93.2M (+6.1%), GAAP net income drops; reaffirms FY22 guidance
Consensus Cloud Solutions, Inc.
2022-Q2 EPS reported
$2.04
revenue$184,088,000
- Revenue $93.2M (+6.1% YoY); corporate channel up 17% (incl. $2.6M Summit acquisition); SoHo down 3.9%.
- GAAP net income $22.3M (down 43% YoY); GAAP EPS $1.11 vs $2.04; interest and standalone costs weighed.
- Adj. EBITDA $50.3M (flat vs pro forma $50.0M); Adj. EPS $1.45 vs $1.36 pro forma (+6.6%).
- FY2022 guidance reaffirmed: rev $375-385M, Adj. EBITDA $201-207M, Adj. EPS $5.36-$5.50.
- Ended Q2 with $76.3M cash; repurchased $7.6M shares; VA authority to operate expected Q3.