Consensus Cloud Q1 revenue up 2.4% to $91.5M; net income down 16.5% to $15.5M

Consensus Cloud Solutions, Inc.

2023-Q1 EPS reported $0.78 revenue$91,454,000

GAAP EPS $0.78 vs $0.92 YoY; adjusted non-GAAP EPS $1.10 vs $1.33, down 17.3%.
Adjusted EBITDA $44.2M, down 8.9% YoY; margin 48.4% vs 54.4%.
Corporate segment revenue grew 6.2%; SoHo declined 1.8%.
Reaffirmed FY2023 guidance: revenue $370M-390M, adj. EBITDA $192M-206M, adj. EPS $4.93-$5.20.
VA Enterprise Cloud Fax implemented at two locations post-quarter with Cognosante.

item 2.02 item 9.01

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Consensus Cloud Solutions, Inc. reported first quarter of 2023 results: revenue $ 91,454, net income $ 15,458, EPS $ 0.78. Guidance reaffirmed.

Period: first quarter of 2023
Revenue: $ 91,454
Net income: $ 15,458
EPS: $ 0.78
Guidance: reaffirmed
Result: preliminary results

Exact text from the filing

GAAP revenues $ 91,454 $ 89,298 2.4% GAAP net income (1) $ 15,458 $ 18,521 (16.5)% GAAP net income per diluted share (1) $ 0.78 $ 0.92 (15.2)%

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Source: SEC EDGAR

accession 0001866633-23-000021

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