Consensus Cloud Solutions, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
February 22, 2024 at 02:32 am IST
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Consensus Cloud Solutions, Inc. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 87.75 million compared to USD 90.23 million a year ago. Net income was USD 16.77 million compared to USD 16.9 million a year ago. Basic earnings per share from continuing operations was USD 0.87 compared to USD 0.85 a year ago. Diluted earnings per share from continuing operations was USD 0.87 compared to USD 0.85 a year ago.
For the full year, sales was USD 362.56 million compared to USD 362.42 million a year ago. Net income was USD 77.3 million compared to USD 72.71 million a year ago. Basic earnings per share from continuing operations was USD 3.94 compared to USD 3.65 a year ago. Diluted earnings per share from continuing operations was USD 3.94 compared to USD 3.64 a year ago.
Consensus Cloud Solutions, Inc. is a digital fax provider. The Company provides secure information delivery services with a scalable software-as-a-service platform. It provides data transformation solutions for regulated industries such as healthcare, finance, insurance, real estate and manufacturing, as well as technology for state and the federal government. Its solutions consist of cloud faxing; digital signature; intelligent data extraction using natural language processing and artificial intelligence; robotic process automation; interoperability; workflow enhancement, and a connectivity and integration engine for healthcare providers. The Company's solutions can be combined with managed services for optimal outcomes. Its small office/home office (SoHo) brands include eFax, jSign, MyFax, Sfax, Metrofax, and SRfax. Its solutions include eFax Corporate, ECFax, Unite, jSign, Conductor, Clarity and eFax. Conductor is a robust interface engine and complete interoperability platform.