secwatch.observer — SEC 8-K summary
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Issuer:     Consensus Cloud Solutions, Inc. (CCSI)
CIK:        0001866633
Form:       8-K
Filed at:   2024-05-08T23:59:59+00:00
Accession:  0001866633-24-000007
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1866633/000186663324000007/0001866633-24-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1866633/000186663324000007/ccs-20240508.htm
  HTML page:      https://secwatch.observer/filing/0001866633-24-000007

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer