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, Inc. (NASDAQ: CCSI) announced a live audio Webcast for its first investor call on August 9, 2022, at 5:00 p.m. ET. Key executives, including CEO Scott Turicchi, COO John Nebergall, and CFO Jim Malone, will present Q2 2022 financial results and discuss business updates. Investors can join the call via a dedicated link or phone. The session will include a live Q&A. For more details and archived materials post-event, visit consensus.com.
Consensus Cloud Solutions, Inc. (NASDAQ: CCSI) announced the pricing of an underwritten offering of 2,000,000 shares of common stock previously owned by Ziff Davis at $41.00 per share. Consensus will not sell any shares or receive proceeds from the offering. Ziff Davis is expected to exchange these shares for its indebtedness, with an additional option for 300,000 more shares. The offering is anticipated to close on June 14, 2022. J.P. Morgan Securities LLC, Evercore Group, and Citigroup Global Markets are managing the offering.
Consensus Cloud Solutions (NASDAQ: CCSI) announced an underwritten offering of 2,000,000 shares of its common stock, owned by former parent company Ziff Davis. Consensus is not selling any shares and will not receive proceeds from the offering. Ziff Davis plans to exchange these shares for debt owed to J.P. Morgan Securities LLC and Citicorp North America, Inc. An additional 300,000 shares may also be offered. The offering's shelf registration with the SEC has not yet become effective.
Consensus Cloud Solutions, Inc. (NASDAQ: CCSI) announced preliminary Q1 2022 results, reporting revenues of approximately $91 million, a 5% increase from Q1 2021. The corporate business grew by 13%, contributing $5.4 million to revenue. However, GAAP net income fell to $18.7 million from $47.4 million a year prior, with earnings per diluted share decreasing to $0.93. The company ended the quarter with $93.9 million in cash. Guidance for 2022 remains set at revenues between $375 million and $385 million and adjusted EBITDA between $201 million and $207 million.
Consensus Cloud Solutions, Inc. (NASDAQ: CCSI) announced a live audio Webcast of its first investor call scheduled for May 16, 2022, at 5:00 p.m. ET. The call will feature executives including CEO Scott Turicchi, COO John Nebergall, and CFO Jim Malone, discussing the company's Q1 2022 financial results and providing business updates. Attendees can access the Webcast at events.q4inc.com or dial in at (833) 492-0037. Archived materials will be available post-event on the Consensus website.
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Consensus Cloud Solutions, Inc. (NASDAQ: CCSI) announced its participation in the Sidoti Spring 2022 Virtual Conference, scheduled for March 23-24, 2022. The company will present on March 24 from 1:00-1:30 PM ET. This conference highlights Consensus' commitment to digital technology solutions for secure information transport, including eFax Corporate and various healthcare interoperability solutions. For more details, visit consensus.com.
Consensus Cloud Solutions (NASDAQ: CCSI) has launched Consensus Clarity, a new product that utilizes natural language processing (NLP) and artificial intelligence (AI) to convert unstructured patient documents into structured, actionable data. This innovation aims to enhance clinical and administrative workflows in healthcare by improving data interoperability. Over 83% of healthcare organizations face challenges due to unstructured data. Consensus Clarity facilitates better decision-making and care coordination while streamlining processes like prior authorizations and referrals.
Consensus Cloud Solutions, Inc. (NASDAQ: CCSI) reported its Q4 2021 preliminary results, showing a 4% revenue increase to $89 million, but a decline in GAAP net income to $3.6 million. Adjusted EBITDA rose to $51.3 million, reflecting operational strength. The company completed its acquisition of Summit Healthcare Services, enhancing its healthcare IT capabilities. Additionally, Consensus secured a contract with Cognosante for cloud fax technology with the VA. For 2022, the guidance estimates revenues of $375-$385 million and a share buyback program of up to $100 million was authorized.
Consensus Cloud Solutions, Inc. (NASDAQ: CCSI) will participate in the JMP Technology Conference on March 8, 2022. The event will take place at the Ritz Carlton in San Francisco from 1:00-1:30 PM (PT). Interested parties can access the webcast at this link. Consensus, a leader in digital cloud fax technology, has evolved from providing secure digital document transmission to offering a comprehensive suite of solutions that significantly enhance digital information exchange and workflow optimization.