Reports Q2 revenue $87.7M, consensus $86.59M. “We continued our momentum through Q2 returning to total positive revenue growth ahead of our expectations. Our Corporate revenue growth achieved 6.9% over the prior year quarter, driven primarily by strong usage, improved revenue retention and new customer acquisition. Our SoHo revenue performed as expected. Our operating margins remained robust resulting in strong cash flows from operations and cash balances. After the close of the quarter, we successfully executed a $225 million credit facility which we will use, in part, to retire the 6% senior notes due October 2026,” said Scott Turicchi, CEO of Consensus.
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