tiprankstipranks
Trending News
More News >

Consensus Cloud Solutions reports Q2 adjusted EPS $1.45, consensus $1.32

Reports Q2 revenue $87.5M, consensus $86.61M. “I am pleased with our Q2 performance. Corporate and SoHo revenues were ahead of expectations, which combined with a full quarter benefit of our cost saving measures, produced a net income margin of 27.3% and a strong Adjusted EBITDA margin of 56.1%. Our cash flows from operations and Free cash flow were $24 million and $16 million, respectively, in a seasonally light quarter due to the interest payments on our debt. Additionally, we were able to repurchase nearly $30 million principal amount of our bonds in the quarter. Since November of 2023, we have reduced our debt by approximately $156 million, making progress toward our leverage goal,” said Scott Turicchi, CEO of Consensus.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue