Consensus Cloud Solutions: Q1 Earnings Insights

Consensus Cloud Solutions (NASDAQ:CCSI) reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:02 PM. Here’s…

Consensus Cloud Solutions (NASDAQ:CCSI) reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:02 PM.

Here’s what investors need to know about the announcement.

Earnings

Consensus Cloud Solutions missed estimated earnings by 6.78%, reporting an EPS of $1.1 versus an estimate of $1.18.

Revenue was up $529 thousand from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.0 which was followed by a 21.14% drop in the share price the next day.

Here’s a look at Consensus Cloud Solutions’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 1.13 1.35 1.32 1.26
EPS Actual 1.13 1.52 1.45 1.33
Revenue Estimate 95.94M 96.03M 92.66M 90.93M
Revenue Actual 90.23M 95.91M 93.16M 90.92M

To track all earnings releases for Consensus Cloud Solutions visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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