secwatch.observer — SEC 8-K summary
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Issuer:     Consensus Cloud Solutions, Inc. (CCSI)
CIK:        0001866633
Form:       8-K
Filed at:   2024-08-08T23:59:59+00:00
Accession:  0001866633-24-000019
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Consensus Cloud Q2 revenue down 5.7% to $87.5M; net income up; raises FY adj. EPS guidance
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- Q2 revenue $87.5M vs $92.8M YoY; SoHo down 15.7%, Corporate up 2.7%.
- Net income $23.9M (27.3% margin) vs $21.1M; diluted EPS $1.24 vs $1.07; adjusted diluted EPS $1.45 vs $1.36.
- Adjusted EBITDA $49.1M (56.1% margin) vs $47.7M; free cash flow $16M.
- Repurchased ~$30M principal of bonds in Q2; reduced total debt ~$156M since Nov 2023.
- Issued Q3 2024 guidance and raised full-year 2024 adjusted EPS guidance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1866633/000186663324000019/0001866633-24-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1866633/000186663324000019/ccs-20240808.htm
  HTML page:      https://secwatch.observer/filing/0001866633-24-000019

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