Consensus Cloud Solutions Q3 revenue up 3.7%, slightly beats estimates
CCSI•Consensus Cloud Solutions' Q3 revenue rose 3.7% to $91.003 million, slightly above estimates, while adjusted net income and adjusted EBITDA also beat expectations. The company raised its 2026 adjusted EPS guidance to $6.00-$6.10 and narrowed its revenue guidance to $360 million-$364 million.
1. Quarterly results
Q3 revenue was $91.003 million, compared with an analyst consensus estimate of $90.96 million. Adjusted net income was $28.66 million, above the $24.56 million estimate, and adjusted EBITDA was $47.63 million, compared with an estimate of $46.65 million. Net income was $21.98 million and adjusted EBITDA margin was 52.30%.
2. Raised guidance
Consensus Cloud Solutions expects Q4 2026 revenue of $88.9 million to $92.9 million. It raised its full-year 2026 adjusted EPS guidance to $6.00-$6.10 from $5.55-$5.95 and narrowed its revenue guidance to $360 million-$364 million from $350 million-$364 million.
3. Business drivers
The company said Q3 revenue growth was driven by a 9.1% increase in its corporate business, partially offset by a decline in its SoHo channel. It attributed lower net income to increased personnel-related and depreciation expenses, and lower operating and free cash flow mainly to working capital changes. The company repurchased about 550,000 shares during the quarter.
