Consensus Cloud Q2 revenue up 1.8% to $92.8M; GAAP EPS $1.07, down 2.7% YoY

Consensus Cloud Solutions, Inc.

2023-Q2 EPS reported $1.85 revenue$184,246,000

GAAP revenue $92.8M (+1.8% YoY); GAAP net income $21.1M (-3.9%); GAAP diluted EPS $1.07 (-2.7%).
Adjusted non-GAAP EPS $1.36 (-5.6% YoY); Adjusted EBITDA $47.7M (-4.7% YoY); margin 51.4% (down 3.5 pts).
Ended Q2 with $112M cash (record); 2023 guidance reaffirmed.
First contracted Clarity client (prior authorization provider); VA completed ECFax at 10 sites/40 facilities.
SOHO price increase completed in Q2, results in line with expectations.

item 2.02 item 7.01 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 1.0

Consensus Cloud Solutions, Inc. reported second quarter of 2023 results: revenue $92.8 million, net income $21.1 million, EPS $1.07. Guidance reaffirmed.

Period: second quarter of 2023
Revenue: $92.8 million
Net income: $21.1 million
EPS: $1.07
Guidance: reaffirmed
Result: reported results

Exact text from the filing

which is a record balance.” said Scott Turicchi, CEO of Consensus. SECOND QUARTER UNAUDITED 2023 HIGHLIGHTS Q2 2023 GAAP quarterly revenues increased by $1.7 million or 1.8% to $92.8 million compared with $91.1 million for Q2 2022. Our growth was primarily due to an increase of $1.5 million or 3.1% in our Corporate business and an increase of $0.2 million or 0.5% in

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Consensus Cloud Solutions, Inc. filing history →

Source: SEC EDGAR

accession 0001866633-23-000034

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