Group Aims to Better Equip Organizations that Depend on Fax Communication with New Interoperability Standard LOS ANGELES, May 29, 2024 /PRNewswire/ -- Consensus Cloud Solutions, Inc. (NASDAQ: CCSI), a global leader of digital cloud fax technology and trusted provider of interoperability solutions, proudly announces that DirectTrust's Interoperable Secure Cloud Fax Consensus Body has elected Consensus Chief Technology Officer, Jeffrey Sullivan, as its Chairperson. Sullivan will steer the efforts of the Conse ...

The next question is coming from David Larsen from BTIG. David, your line is live. Hi, this is Jenny Shen, on for Dave Larson. Congrats on the quarter and thanks for taking my call, and it was taken color to hit here that advanced products made up 20% of new sales. Can you just provide some more color there? What opportunities you're seeing from CLARITY and Unite, how receptive prospective clients have been and also the potential revenue and margin impact there? Thanks. And yes, thanks for your question, To ...

Our research, development and engineering costs consist primarily of personnel-related expenses. Our general and administrative costs consist primarily of personnel-related expenses (inclusive of share-based compensation), professional fees, depreciation and amortization and bad debt expense. The following table represents share-based compensation expense included in cost of revenues and operating expenses in the accompanying Condensed Consolidated Statements of Income for the three months ended March 31, 2 ...

"I am pleased with our Q1 performance. SoHo and Corporate revenues were ahead of expectations, which combined with our cost saving measures, produced a strong EBITDA margin of 54.5%. Our free cash flow was up more than 21% year over year, allowing us to end the quarter with $61.5 million of cash following a spend of $63.5 million on our debt repurchase program. Since the program began in November 2023, we have repurchased $126.0 million of debt and lowered our net debt-to-EBITDA ratio to 3.2, continuing tow ...

The leader in digital cloud fax technology will showcase how AI can be applied to fax for faster, more efficient healthcare workflowsLOS ANGELES, March 6, 2024 /PRNewswire/ -- Consensus Cloud Solutions, Inc. (NASDAQ: CCSI), a global leader of digital cloud fax technology and trusted provider of interoperability solutions, will highlight its innovative technology at HIMSS 2024 in Orlando from March 11-14 (Booth 3801).During the conference, staff will showcase Consensus' advanced solutions including eFax Corp ...

☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Consensus Cloud Solutions, Inc. Delaware 87-1139414 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 700 S. Flower Street, 15th Floor, Los Angeles, California 90017, (323) 860-9200 (Address and telephone number of principal executive offices) Title of each class Trading Symbol(s) Na ...

Johnny Hecker - CRO & EVP of Operations Anne Samuel - JPMorgan Adam Varon Thank you, Adam. As we discussed in our Q3 call, our focus has been on EBITDA and free cash flow generation. The market dynamics have not materially changed since our last call in November, and we expect these trends to continue throughout 2024 in the healthcare sector. We've taken the past three months to do a rigorous examination of the business to see where cost can be optimized. As we noted in the Q3 call, we found No, corporate w ...

Industry, Market and Other Data Third Party Information The following factors, among others, could cause our business, prospects, financial condition, operating results and cash flows to be materially adversely affected: consensus - Cloud Solutions SoHo ● Q4 2023 churn rate of 3.34% improved 15 bps sequentially ● QoQ account base moved from 859K to 831K ● Slow, but progress with existing opportunities, no loss ● Pending federal budget (continuing resolution) ● eFax proves to be alternative for small less de ...

LOS ANGELES--(BUSINESS WIRE)--Consensus Cloud Solutions, Inc. (NASDAQ: CCSI) today reported preliminary financial results for the fourth quarter and year ended December 31, 2023. “I am pleased with the free cash flow generation in Q4 and full fiscal year 2023. While there have been challenges in growing the revenue, the focus on cost containment, cash generation and debt paydown are bearing fruit. As we look to 2024, we are eliminating inefficient marketing spend and being judicious with our capital invest ...

TORRANCE, Calif., Feb. 21, 2024 /PRNewswire/ -- Compex Legal Services announces its e-signature solution partnership with Consensus Cloud Solutions. Using the Consensus technology, Compex now provides law firms with an enhanced, compliant alternative to physically signing, sending, and receiving subpoenas. "We're excited about our partnership with Compex as we will help streamline a necessary business function for organizations operating in the insurance and legal sectors," states John Mannion, VP of Global ...