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Consensus Cloud Solutions' CTO, Jeffrey Sullivan, has been elected Chair of DirectTrust's Interoperable Secure Cloud Fax Consensus Body. The group aims to create a new ANSI standard to enhance fax protocols, facilitating seamless integration with healthcare systems. Sullivan’s election acknowledges his expertise in healthcare technology and secure data exchange. DirectTrust, a non-profit organization, initiated this effort to improve interoperability without disrupting existing infrastructure. Sullivan's leadership is expected to drive the development of standards that will enhance healthcare information exchange.
Consensus Cloud Solutions (NASDAQ: CCSI) is set to participate in the Goldman Sachs 45th Annual Global Healthcare Conference on June 13, 2024. The event will be held at the Loews Miami Beach Hotel, and CCSI's presentation is scheduled for 8:00 AM EDT. A webcast of the presentation will be available online.
Consensus Cloud Solutions (NASDAQ: CCSI) announces its participation in the Jefferies Global Healthcare Conference on June 5th, 2024, at the Marriott Marquis in New York City. The company will present from 9:30-9:55 AM ET, providing stakeholders an opportunity to hear about its latest developments and strategies. A webcast of the presentation will be available online for those unable to attend in person.
Consensus Cloud Solutions, Inc. (NASDAQ: CCSI) reported strong financial results for Q1 2024, with record GAAP net income/EPS and non-GAAP net income/non-GAAP EPS. Despite a decrease in revenues, the company achieved a 54.5% EBITDA margin and a 21% increase in free cash flow year over year. Debt repurchase program lowered net debt-to-EBITDA ratio to 3.2. Adjusted EBITDA, non-GAAP net income, and non-GAAP EPS all showed significant growth compared to Q1 2023. The company reaffirmed its full-year 2024 guidance and provided guidance for Q2 2024.