Consensus Cloud Stock Price, News & Analysis

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.

Consensus Cloud Solutions, Inc. (NASDAQ: CCSI) will host its first investor call on March 2, 2022, at 5:00 p.m. ET. CEO Scott Turicchi, COO John Nebergall, and CFO Jim Malone will discuss Q4 pro forma financial results, provide a business update, and hold a live Q&A session. Participants can join via webcast or dial in at (833) 492-0037 for US listeners and +1(973) 528-0159 for international. The call will also be archived for later access on the company's website.

Consensus Cloud Solutions, Inc. (NASDAQ: CCSI) will participate in the CJS 22nd Annual “New Ideas for the New Year” Investor Conference on January 12, 2022. The conference will be held virtually from 3:05 p.m. to 3:40 p.m. ET. Investors can access the conference via the webcast link: https://wsw.com/webcast/cjs4/conse/1730400. Consensus is a leading provider of secure data-transmission services, offering a scalable SaaS platform that includes products such as eFax, Consensus Unite, and jSign.

Consensus Cloud Solutions, Inc. (NASDAQ: CCSI) has launched a new e-signature product named jSign, which utilizes blockchain technology to ensure secure document signing and management. jSign allows users to send signature requests and electronically sign documents in a tamper-proof online environment. The product includes features like audit trails and two-factor authentication for enhanced security. Early users have praised its ease of use, particularly in the healthcare sector, where it can streamline processes for providers and patients. This move expands Consensus's suite of interoperability solutions.

Consensus Cloud Solutions, Inc. (NASDAQ: CCSI) invites the public to its first investor call on November 9, 2021, at 5:00 p.m. ET. The call will be hosted by CEO Scott Turicchi and COO John Nebergall, discussing Q3 financial results, business updates, and a live Q&A session. Interested parties can join via www.consensus.com or dial in at (833) 492-0037 for the U.S. and +1(973) 528-0159 for international attendees. Questions can be submitted via investor@consensus.com.

Ziff Davis reported Q3 2021 financial results, achieving a record revenue of $444.3 million, up 24.5% from $357.0 million in Q3 2020. Pro-forma revenues increased by 27.7%. Operating cash flow rose to $140.2 million from $114.4 million. However, GAAP earnings per diluted share dropped to $0.88 from $1.31, largely due to a $19.2 million loss on the B2B Backup business sale. Adjusted non-GAAP earnings per share increased to $2.34, a 15.8% rise. Ziff Davis reaffirmed its FY 2021 guidance, estimating revenue between $1,375-$1,389 million.

Consensus Cloud Solutions, Inc. (NASDAQ: CCSI) has evolved from a secure digital document transmission service to a leader in digital cloud fax technology. As of October 8, 2021, it operates independently, focusing on compliance and data-driven organizations across healthcare, financial, manufacturing, and legal sectors. The company enhances documents using Natural Language Processing and Artificial Intelligence, enabling meaningful data extraction. Key features include real-time notifications, secure messaging, and universal APIs.

Consensus Cloud Solutions has successfully separated from Ziff Davis, marking its debut as an independent entity. The new company commenced trading on Nasdaq under the ticker symbol CCSI on October 7, 2021, following a special dividend distribution that allocated 80.1% of its shares to Ziff Davis stockholders. CEO Scott Turicchi expressed optimism about the company's potential in secure data exchange solutions for healthcare. The spin-off is a pivotal move, aiming to provide long-term growth and value to shareholders.