Consensus Cloud Solutions, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 08, 2023 at 04:00 pm EDT
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Consensus Cloud Solutions, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 92.79 million compared to USD 91.12 million a year ago. Net income was USD 21.06 million compared to USD 21.92 million a year ago. Basic earnings per share from continuing operations was USD 1.07 compared to USD 1.1 a year ago. Diluted earnings per share from continuing operations was USD 1.07 compared to USD 1.1 a year ago.
For the six months, sales was USD 184.25 million compared to USD 180.41 million a year ago. Net income was USD 36.52 million compared to USD 40.44 million a year ago. Basic earnings per share from continuing operations was USD 1.85 compared to USD 2.02 a year ago. Diluted earnings per share from continuing operations was USD 1.85 compared to USD 2.02 a year ago.
Consensus Cloud Solutions, Inc. is a digital fax provider. The Company provides secure information delivery services with a scalable software-as-a-service platform. It provides data transformation solutions for regulated industries such as healthcare, finance, insurance, real estate and manufacturing, as well as technology for state and the federal government. Its solutions consist of cloud faxing; digital signature; intelligent data extraction using natural language processing and artificial intelligence; robotic process automation; interoperability; workflow enhancement, and a connectivity and integration engine for healthcare providers. The Company's solutions can be combined with managed services for optimal outcomes. Its small office/home office (SoHo) brands include eFax, jSign, MyFax, Sfax, Metrofax, and SRfax. Its solutions include eFax Corporate, ECFax, Unite, jSign, Conductor, Clarity and eFax. Conductor is a robust interface engine and complete interoperability platform.