Consensus Cloud Q4 revenue down 2.7% to $87.8M; adjusted EBITDA margin 53.8%

Consensus Cloud Solutions, Inc.

2023-FY EPS reported $3.94 revenue$362,562,000

Q4 2023 revenue $87.8M (-2.7% YoY); SoHo segment down 9.6%, Corporate up 3.3%.
GAAP net income $16.8M ($0.87 diluted EPS); adjusted non-GAAP EPS $1.11.
Full year revenue flat at $362.6M; GAAP net income $77.3M ($3.94 diluted EPS), up 6.3%.
Adjusted EBITDA 2023 $186.6M (margin 51.5%), down from $196.7M; spent $57.7M on debt repurchases.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Consensus Cloud Solutions, Inc. updated its the fourth quarter and year ended December 31, 2023 guidance (initiated).

Period: the fourth quarter and year ended December 31, 2023
Guidance: initiated
Result: preliminary results

Exact text from the filing

On February 21, 2024, Consensus Cloud Solutions, Inc. (the “Company”) issued a press release announcing its preliminary unaudited financial results for the fourth quarter and the full year of fiscal 2023.

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Source: SEC EDGAR

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