Consensus Cloud Solutions (NASDAQ:CCSI – Get Free Report) updated its second quarter 2024 earnings guidance on Wednesday. The company provided EPS guidance of 1.300-1.360 for the period, compared to the consensus EPS estimate of 1.300. The company issued revenue guidance of $84.5 million-$88.5 million, compared to the consensus revenue estimate of $87.4 million. Consensus Cloud Solutions also updated its FY 2024 guidance to 5.080-5.310 EPS.
Consensus Cloud Solutions Trading Up 1.3 %
NASDAQ CCSI traded up $0.17 on Wednesday, reaching $13.23. 278,879 shares of the company were exchanged, compared to its average volume of 336,846. Consensus Cloud Solutions has a fifty-two week low of $11.62 and a fifty-two week high of $38.11. The business’s fifty day moving average price is $13.78 and its 200 day moving average price is $18.95. The stock has a market capitalization of $254.28 million, a P/E ratio of 3.36 and a beta of 1.07.
Consensus Cloud Solutions (NASDAQ:CCSI – Get Free Report) last announced its quarterly earnings results on Wednesday, February 21st. The company reported $0.90 EPS for the quarter, meeting the consensus estimate of $0.90. Consensus Cloud Solutions had a negative return on equity of 40.27% and a net margin of 21.32%. The business had revenue of $87.75 million for the quarter, compared to analyst estimates of $89.05 million. Equities research analysts forecast that Consensus Cloud Solutions will post 4.33 earnings per share for the current year.
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Consensus Cloud Solutions Company Profile
Consensus Cloud Solutions, Inc, together with its subsidiaries, provides information delivery services with a software-as-a-service platform worldwide. The company offers eFax Corporate, a digital cloud-fax technology; Unite, a single platform that allows the user to choose between various protocols to send and receive healthcare information and can integrate into an existing electronic health record system or stand-alone if no EHR is present.
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