Consensus Cloud Solutions, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 09, 2023 at 04:02 pm EST
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Consensus Cloud Solutions, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 90.56 million compared to USD 91.78 million a year ago. Net income was USD 24.01 million compared to USD 15.37 million a year ago. Basic earnings per share from continuing operations was USD 1.22 compared to USD 0.78 a year ago. Diluted earnings per share from continuing operations was USD 1.22 compared to USD 0.77 a year ago.
For the nine months, sales was USD 274.81 million compared to USD 272.19 million a year ago. Net income was USD 60.52 million compared to USD 55.81 million a year ago. Basic earnings per share from continuing operations was USD 3.07 compared to USD 2.8 a year ago. Diluted earnings per share from continuing operations was USD 3.07 compared to USD 2.79 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.