---
schema_version: "secwatch.filing_event.v1"
accession: "0001866633-24-000007"
form_type: "8-K"
ticker: "CCSI"
cik: "0001866633"
company_name: "Consensus Cloud Solutions, Inc."
filed_at: "2024-05-08T23:59:59+00:00"
generated_at: "2026-06-02T13:33:11.428423+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Consensus Cloud Q1 net income $26.4M ($1.37 EPS); adj. EPS $1.55; EBITDA margin 54.5%

## Summary
- Revenue $88.1M, down 3.6% YoY; Corporate up 4.0%, SoHo down 12.6%.
- GAAP net income $26.4M ($1.37 diluted EPS) vs $15.5M ($0.78) in Q1 2023.
- Adjusted EBITDA $48.1M (54.5% margin) vs $44.2M (48.4%) YoY.
- Free cash flow $35.8M, up 21.6% YoY; spent $63.5M on debt repurchase in Q1.
- Net debt/EBITDA ratio reduced to 3.2; Q2 and full year 2024 guidance reaffirmed.

## SEC filing metadata
- accession: 0001866633-24-000007
- form_type: 8-K
- ticker: CCSI
- cik: 0001866633
- company_name: Consensus Cloud Solutions, Inc.
- filed_at: 2024-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1866633/000186663324000007/0001866633-24-000007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1866633/000186663324000007/ccs-20240508.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001866633-24-000007
- JSON: https://secwatch.observer/filing/0001866633-24-000007.json
- Plain text: https://secwatch.observer/filing/0001866633-24-000007.txt

## Key facts
- Earnings Releases
  Consensus Cloud Solutions, Inc. updated its second quarter of 2024 and full year 2024 guidance (reaffirmed).
  - Period: second quarter of 2024 and full year 2024
  - Guidance: reaffirmed
  - Result: guidance update
  source text: Consensus Cloud Solutions, Inc. Reports First Quarter 2024 Results Releases Q2 2024 and Reaffirms Full Year 2024 Guidance
  evidence_url: https://www.sec.gov/Archives/edgar/data/1866633/000186663324000007/0001866633-24-000007-index.htm
- Earnings Releases
  Consensus Cloud Solutions, Inc. reported first quarter of 2024 results: EPS $1.37.
  - Period: first quarter of 2024
  - EPS: $1.37
  - Result: reported results
  source text: Q1 2024 quarterly revenues decreased by $3.3 million or 3.6% to $88.1 million compared to $91.5 million for Q1 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1866633/000186663324000007/0001866633-24-000007-index.htm
- Earnings Releases
  Consensus Cloud Solutions, Inc. reported first quarter of 2024 results: EPS $1.37.
  - Period: first quarter of 2024
  - EPS: $1.37
  - Result: reported results
  source text: GAAP net income (1) increased to $26.4 million in Q1 2024 compared to $15.5 million for Q1 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1866633/000186663324000007/0001866633-24-000007-index.htm
- Earnings Releases
  Consensus Cloud Solutions, Inc. reported first quarter of 2024 results: EPS $1.37.
  - Period: first quarter of 2024
  - EPS: $1.37
  - Result: reported results
  source text: GAAP net income per diluted share (1) increased to $1.37 or 75.6% in Q1 2024 compared to $0.78 for Q1 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1866633/000186663324000007/0001866633-24-000007-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.