Welcome to our dedicated page for Consensus Cloud news (Ticker: CCSI), a resource for investors and traders seeking the latest updates and insights on Consensus Cloud stock.
Consensus Cloud Solutions, Inc. (NASDAQ: CCSI) is a software publisher in the information sector that focuses on secure digital cloud fax, interoperability, and AI-enabled data exchange. Company news frequently highlights developments in its eFax brand, new applications of artificial intelligence to unstructured data, and initiatives that support secure communication in regulated industries such as healthcare, the public sector, financial services, insurance, real estate, and manufacturing.
Investors and industry observers following CCSI news will see regular earnings announcements and guidance updates. The company reports quarterly results that discuss revenue trends in its corporate and small office/home office segments, operating margins, cash flows, and non-GAAP metrics such as Adjusted EBITDA, Adjusted net income, and free cash flow. These releases often include commentary from management on usage patterns, revenue retention, and capital allocation, including debt repurchases and share repurchase activity.
Consensus Cloud Solutions also issues news about product and technology initiatives. Recent communications describe AI-powered tools like Clarity for intelligent data extraction and platforms such as Unite that combine cloud fax with Direct Secure Messaging, electronic signature, and patient query capabilities. The company’s participation in industry events, including healthcare technology conferences, generates updates on demonstrations, customer panels, and discussions about interoperability and workflow automation.
Additional news items cover recognition and community-focused efforts, such as being named a Top Healthcare Technology Company by The Healthcare Technology Report and offering complimentary access to eFax Protect to support individuals and organizations affected by natural disasters. Together, these updates provide insight into Consensus Cloud Solutions’ financial performance, technology roadmap, regulatory and compliance posture, and engagement with customers and communities. Bookmarking the CCSI news feed can help readers track how the company’s secure communication and interoperability solutions evolve over time.
Consensus Cloud Solutions (NASDAQ: CCSI) invites the public to its live audio Webcast for Q4 and Year End earnings call on February 22, 2023, at 5:00 PM ET. The call will be hosted by CEO Scott Turicchi, COO John Nebergall, and CFO Jim Malone. Participants can join via Webcast or dial in at (833) 492-0037 (U.S.) or +1(973) 528-0159 (International). Questions can be submitted via email at investor@consensus.com. Archived materials will be available on www.consensus.com after the event.
Consensus Cloud Solutions (NASDAQ: CCSI) announced its participation in three key conferences: the J.P. Morgan Healthcare Conference on January 11, 2023, at the Westin St. Francis Hotel, San Francisco; CJS Securities 23rd Annual New Ideas for the New Year on the same day, virtually; and the 25th Annual Needham Growth Conference on January 12, 2023, also virtually. These events will showcase the company’s leading digital fax solutions and services tailored for regulated industries. For further details, visit consensus.com.
Consensus Cloud Solutions (NASDAQ: CCSI) will participate in the BoFA Leveraged Finance Conference on November 30, 2022, at 10:10 am ET. The event will take place at Boca Raton Resort, Boca Raton, FL. Investors can access the conference via webcast at this link. As the world's largest digital fax provider, Consensus offers advanced solutions for regulated industries, enhancing the secure exchange of information.
Consensus Cloud Solutions (CCSI) announced its digital cloud faxing service, Enterprise Cloud Fax (ECFax), has received Authority to Operate (ATO) from the Department of Veterans Affairs (VA). This achievement signifies Consensus' entry into the U.S. federal market, supported by its partnership with Cognosante. The ECFax service will be implemented across over 2,000 VA locations, providing HIPAA-compliant, secure faxing solutions. The company aims to support federal agencies in enhancing workflows and securing data exchanges during digital transformation.
Consensus Cloud Solutions, Inc. (NASDAQ: CCSI) reported its Q3 2022 financial results, marking a 7.5% increase in GAAP revenues to $95.9 million, driven by an 18.6% rise in Corporate business. However, GAAP net income decreased to $17.1 million from $41.1 million in Q3 2021, influenced by rising interest and operational costs. The company reaffirmed its 2022 revenue guidance of $375-$385 million and reported a new milestone with the Veterans Administration's Authority to Operate for its Enterprise Cloud Fax service, enhancing prospects for future growth.
Consensus Cloud Solutions, Inc. (NASDAQ: CCSI) will host a live audio Webcast for its Q3 earnings call on November 10, 2022, at 5:00 PM ET. The event will feature CEO Scott Turicchi, COO John Nebergall, and CFO Jim Malone discussing financial results and business updates, followed by a Q&A session. Interested parties can join the call via Webcast or dial in at (833) 492-0037 for U.S. participants and +1(973) 528-0159 for international attendees. Questions can be submitted via email to investor@consensus.com.
Consensus Cloud Solutions, Inc. (NASDAQ: CCSI) announced the pricing of an underwritten offering of 500,000 shares of its common stock owned by Ziff Davis at $46.00 per share. Consensus will not receive proceeds from this offering, which is anticipated to close on September 19, 2022. The shares are part of a debt-for-equity exchange involving Citicorp North America, Inc. Citigroup Global Markets Inc. is the sole underwriter for this offering. The company continues to focus on secure digital document solutions and has filed a shelf registration statement with the SEC.
Consensus Cloud Solutions (NASDAQ: CCSI) announced its participation in the Wells Fargo Leveraged Finance Conference on September 8, 2022. The conference will take place at the Gaylord Opryland Hotel & Convention Center, with a presentation scheduled for 9:25 am ET. The event will be accessible via webcast. Consensus is known for its secure digital technology solutions that include services like eFax Corporate and Consensus Signal.
Consensus Cloud Solutions, Inc. (NASDAQ: CCSI) reported Q2 2022 revenues of $93.2 million, up 6.1% from $87.8 million in Q2 2021, driven by a 17% increase in corporate business. However, net income fell to $22.3 million from $38.9 million year-over-year, with diluted earnings per share declining to $1.11 from $2.04. Adjusted EBITDA remained stable at $50.3 million. The company reaffirmed its 2022 guidance, estimating revenues of $375 million to $385 million and adjusted EBITDA of $201 million to $207 million. CCSI ended Q2 with $76.3 million in cash after significant cash outlays.
Consensus Cloud Solutions, Inc. (NASDAQ: CCSI) will participate in the Oppenheimer 25th Annual Technology Internet & Communications Conference on August 10, 2022. The virtual presentation is scheduled for 2:55-3:35 PM ET.
Consensus, a leader in digital cloud transmission and interoperability, offers various solutions, including eFax Corporate and Consensus Signal, aimed at enhancing healthcare communications. For more details, visit consensus.com.