Consensus Cloud Solutions (CCSI) Tops Q1 EPS by 7c
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Consensus Cloud Solutions, Inc. Reports First Quarter 2022 Results
May 16, 2022 4:04 PM EDTReaffirms 2022 Guidance
LOS ANGELES--(BUSINESS WIRE)-- Consensus Cloud Solutions, Inc. (NASDAQ: CCSI) today reported preliminary financial results for the first quarter 2022.
I am pleased with our teams performance in delivering record revenue of approximately $91 million while achieving better than forecasted Adjusted EBITDA margins. The revenue growth was led by our corporate business which grew 13% in the quarter. In addition, we launched Consensus Clarity in March and have made great progress in the development of the ECFax solution. Finally, we added to our cash balances during the quarter... More
