Consensus Cloud Solutions (NASDAQ:CCSI) Full Year 2024 Results
Key Financial Results
- Revenue: US$350.4m (down 3.4% from FY 2023).
- Net income: US$89.4m (up 16% from FY 2023).
- Profit margin: 26% (up from 21% in FY 2023). The increase in margin was driven by lower expenses.
- EPS: US$4.64 (up from US$3.94 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Consensus Cloud Solutions EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.6%.
Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 12% growth forecast for the Software industry in the US.
Performance of the American Software industry.
The company's shares are down 12% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 2 warning signs for Consensus Cloud Solutions (of which 1 is a bit concerning!) you should know about.
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