Chromatics Color Solutions (CCSI) Misses Q1 EPS by 9c

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Consensus Cloud Solutions, Inc. Reports First Quarter 2023 Results

May 9, 2023 4:01 PM EDT

Reaffirms 2023 Guidance

LOS ANGELES--(BUSINESS WIRE)-- Consensus Cloud Solutions, Inc. (NASDAQ: CCSI) today reported preliminary financial results for the first quarter of 2023.

FIRST QUARTER UNAUDITED 2023 HIGHLIGHTS

Q1 2023 GAAP quarterly revenues increased by $2.2 million or 2.4% to $91.5 million compared with $89.3 million for Q1 2022. Our growth was primarily due to an increase of $2.9 million or 6.2% in our Corporate business; partially offset by a decline of $0.7 million or 1.8% in our SoHo business. On a constant dollar basis, revenues grew by $2.7 million or 3.0% over the prior... More