Consensus Cloud Q4 2022 Earnings Report
Key Takeaways
Consensus Cloud Solutions reported a 1.4% increase in GAAP quarterly revenues to $90.2 million for Q4 2022 compared to $89.0 million for Q4 2021. GAAP net income from continuing operations increased to $16.2 million in Q4 2022 compared to $2.0 million for Q4 2021. Adjusted EBITDA for Q4 2022 was $49.0 million, compared to $51.6 million for Q4 2021.
Q4 2022 GAAP quarterly revenues increased 1.4% to $90.2 million compared to $89.0 million for Q4 2021.
GAAP net income from continuing operations increased to $16.2 million in Q4 2022 compared to $2.0 million for Q4 2021.
GAAP earnings per diluted share from continuing operations increased to $0.81 in Q4 2022 compared to $0.10 for Q4 2021.
Adjusted EBITDA for Q4 2022 of $49.0 million is unfavorable compared to Q4 2021 of $51.6 million primarily related to planned increased headcount.
Consensus Cloud
Consensus Cloud
Forward Guidance
The company provided full year 2023 guidance with revenue between $370 million and $390 million, Adjusted EBITDA between $192 million and $206 million, and Adjusted Non-GAAP earnings per share between $4.93 and $5.20.