Consensus Cloud Solutions reports Q2 EPS $1.36, consensus $1.25

Reports Q2 revenue $92.8M, consensus $94.1M. “Our Go-to-Market alignment initiated in Q1 has been designed to mirror the buying practices of prospective customers. This approach, which has gained significant traction with our customer facing teams, has the potential of shortening the elongated sales cycle which is a head wind to signing deals. This quarter has delivered our first contracted Clarity client, a major provider of prior authorization services to the healthcare industry. I am also pleased that the Veterans Administration completed the implementation of ECFax at 10 sites across 40 of its facilities. Our SOHO price increase initiative was completed in Q2 with results in line with our expectations. This quarter we ended with cash on hand of $112 million, which is a record balance,” said Scott Turicchi, CEO of Consensus.