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Consensus Cloud Solutions, Inc. - CCSI STOCK NEWS

Welcome to our dedicated page for Consensus Cloud Solutions news (Ticker: CCSI), a resource for investors and traders seeking the latest updates and insights on Consensus Cloud Solutions stock.

Consensus Cloud Solutions, Inc. (NASDAQ: CCSI) is a leading global provider of secure, digital cloud faxing and interoperable digital cloud technology solutions. Founded over 20 years ago, Consensus has evolved from offering simple digital documents to advanced healthcare-standard HL7/FHIR solutions for HIPAA-secure data transport. The company employs cutting-edge natural language processing (NLP) and artificial intelligence (AI) to transform unstructured documents into meaningful structured data.

Consensus Cloud Solutions provides a comprehensive interoperability suite that includes real-time event notifications, on-demand patient queries, direct secure messaging, universal APIs, electronic signatures, and HITRUST CSF® certified digital cloud faxing. Additionally, the company's top-tier solutions optimize workflows within a unified digital environment, enhancing productivity and information accuracy.

Recently, Consensus launched Clarity Clinical Documentation™ (Clarity CD™), a solution that automatically routes unstructured clinical data from various sources into the correct patient records. Leveraging NLP and AI, Clarity CD populates key patient demographics into structured Continuity of Care Documents (CCDs) and integrates seamlessly with existing systems via Direct Secure Messaging. This innovation supports healthcare providers by improving data accuracy, reducing staff workload, and securing patient information.

At the 2024 HIMSS conference, Consensus will showcase its advanced solutions, including eFax Corporate® and Consensus Clarity, which enhance workflows by converting unstructured data into structured content ready for direct processing into Electronic Health Records (EHRs). The company's presence at the conference underscores its commitment to modernizing fax workflows and enhancing healthcare communication.

Consensus Cloud Solutions generates significant revenue from the United States and serves a diverse array of industries, including healthcare, finance, insurance, real estate, and manufacturing, as well as state and federal government entities. By facilitating secure information delivery through its scalable Software-as-a-Service (SaaS) platform, Consensus empowers organizations to efficiently access, exchange, and utilize information across various boundaries.

For more information, visit consensus.com or follow @ConsensusCS on Twitter.

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Consensus Cloud Solutions, Inc. (NASDAQ: CCSI) has announced a live audio Webcast for its Q1 earnings call on May 9, 2023, at 5:00 PM ET/2:00 PM PT. The call will be hosted by CEO Scott Turicchi, COO John Nebergall, and CFO Jim Malone.

During the earnings call, they will discuss financial results, provide business updates, and host a live Q&A session. Interested parties can access the Webcast at this link or dial in at (833) 492-0037 for U.S. listeners and +1(973) 528-0159 for international callers.

Questions can be submitted via email to investor@consensus.com. Archived materials will be available on the company’s website consensus.com after the call.

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Consensus Cloud Solutions (NASDAQ: CCSI) will exhibit at HIMSS23 in Chicago from April 17-21, showcasing its data transformation and interoperability solutions aimed at reducing clinical workloads. Attendees can see products that enhance operational efficiencies and empower care teams. Notable innovations include 'Fax on FHIR,' which uses AI and NLP to convert unstructured documents into structured data for better health outcomes. CEO Scott Turicchi emphasizes the event's importance for sharing healthcare IT ideas. The company also launched 'Conductor,' a platform that improves interoperability standards.

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On March 31, 2023, Consensus Cloud Solutions (NASDAQ: CCSI) filed its Form 10-K and an amendment to its Quarterly Report for the period ending September 30, 2022. This followed a notice from The Nasdaq Stock Market regarding non-compliance with Listing Rule 5250(c)(1) due to delayed filings. However, on April 3, 2023, Nasdaq confirmed that the company regained compliance with its listing requirements following the submission of the Form 10-K.

Consensus Cloud Solutions specializes in digital faxing and secure information exchange for regulated industries, enhancing healthcare outcomes through advanced technology.

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Consensus Cloud Solutions, Inc. (NASDAQ: CCSI) announced a delay in filing its Annual Report on Form 10-K for the year ended December 31, 2022. Nasdaq notified the company on March 21, 2023 that it is non-compliant with Listing Rule 5250(c)(1) due to this delay. The company has 60 days to submit a compliance plan, and filing the Form 10-K by March 31, 2023 could restore compliance. There are no material changes to the preliminary financial data as of December 31, 2022. The company's audited results may differ from its preliminary estimates following the completion of financial closing processes.

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Consensus Cloud Solutions (NASDAQ: CCSI) is set to showcase its interoperability solutions at ViVE 2023, taking place March 26-29 in Nashville, Tennessee. The company aims to demonstrate how its technology, including Natural Language Processing (NLP) and Artificial Intelligence (AI), can alleviate administrative burdens and improve clinical workflows. Bevey Miner, EVP of healthcare strategy, will speak on a panel discussing interoperability challenges on March 28. Consensus also announced the launch of its Conductor integration platform, designed to tackle a variety of interoperability challenges. The ViVE event provides a vital platform for industry insights and networking.

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Consensus Cloud Solutions, Inc. (NASDAQ: CCSI) will participate in the JMP Securities Technology Conference on March 6, 2023, at 1:30 PM PT. The event will take place at the Ritz Carlton in San Francisco. Interested parties can access the webcast here. As the largest digital fax provider globally, Consensus offers innovative solutions for regulated sectors, including healthcare, finance, and government, focusing on enhancing, securing, and transforming digital information. For more information, visit consensus.com.

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Consensus Cloud Solutions reported preliminary financial results for Q4 and the full year 2022. Q4 revenues rose 1.4% to $90.2 million, driven by a 10.1% increase in Corporate business, offset by a 6.4% decline in SoHo revenues due to a legacy accounting issue. GAAP net income surged to $16.2 million, while earnings per share increased to $0.81. For the full year, revenues were $362.4 million, up 2.8%, but net income fell to $72.4 million from $121.2 million in 2021. The company ended 2022 with $94.2 million in cash. Guidance for 2023 anticipates revenues between $370 million and $390 million.

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Consensus Cloud Solutions (NASDAQ: CCSI) invites the public to its live audio Webcast for Q4 and Year End earnings call on February 22, 2023, at 5:00 PM ET. The call will be hosted by CEO Scott Turicchi, COO John Nebergall, and CFO Jim Malone. Participants can join via Webcast or dial in at (833) 492-0037 (U.S.) or +1(973) 528-0159 (International). Questions can be submitted via email at investor@consensus.com. Archived materials will be available on www.consensus.com after the event.

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Consensus Cloud Solutions (NASDAQ: CCSI) announced its participation in three key conferences: the J.P. Morgan Healthcare Conference on January 11, 2023, at the Westin St. Francis Hotel, San Francisco; CJS Securities 23rd Annual New Ideas for the New Year on the same day, virtually; and the 25th Annual Needham Growth Conference on January 12, 2023, also virtually. These events will showcase the company’s leading digital fax solutions and services tailored for regulated industries. For further details, visit consensus.com.

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FAQ

What is the current stock price of Consensus Cloud Solutions (CCSI)?

The current stock price of Consensus Cloud Solutions (CCSI) is $23.59 as of December 20, 2024.

What is the market cap of Consensus Cloud Solutions (CCSI)?

The market cap of Consensus Cloud Solutions (CCSI) is approximately 452.2M.

What does Consensus Cloud Solutions, Inc. do?

Consensus Cloud Solutions is a global leader in secure, digital cloud faxing and interoperable digital cloud technology, providing solutions to transform unstructured documents into structured data.

What industries does Consensus Cloud Solutions serve?

Consensus serves various industries including healthcare, finance, insurance, real estate, and manufacturing, as well as state and federal government entities.

What is Clarity Clinical Documentation™ (Clarity CD™)?

Clarity CD™ is a solution that automatically routes unstructured clinical data into the correct patient record using natural language processing and AI.

How does Consensus Clarity enhance healthcare workflows?

Consensus Clarity converts unstructured data into structured content ready for direct processing into EHRs, improving workflow efficiency and data accuracy.

What are the key benefits of using Consensus Clarity CD for healthcare providers?

Clarity CD helps healthcare providers by improving care quality, reducing staff burnout, and securing patient data through accurate data extraction and integration.

Where is Consensus Cloud Solutions headquartered?

Consensus Cloud Solutions is headquartered in Los Angeles, California.

How does Consensus ensure data security?

Consensus employs advanced HIPAA-secure data transport methods, natural language processing, AI, and HITRUST CSF® certified digital cloud faxing to ensure data security.

What recent achievements has Consensus Cloud Solutions announced?

Recently, Consensus launched Clarity Clinical Documentation™, an AI-powered solution for routing unstructured clinical data into patient records, showcased at HIMSS 2024.

What is eFax Corporate®?

eFax Corporate® is the world's leading digital cloud fax platform, part of Consensus Cloud Solutions' suite of interoperable digital cloud technology solutions.

How can I learn more about Consensus Cloud Solutions' offerings?

For more information, visit consensus.com or follow @ConsensusCS on Twitter.

Consensus Cloud Solutions, Inc.

Nasdaq:CCSI

CCSI Rankings

CCSI Stock Data

452.19M
18.82M
1.69%
95.68%
2.17%
Software - Infrastructure
Services-prepackaged Software
Link
United States of America
LOS ANGELES