Business Context and Reporting Period
Company: Consensus Cloud Solutions, Inc. (CCSI)
Filing Type: Form 8-K (Current Report)
Date of Report: February 28, 2022
Reporting Period: The filing references preliminary unaudited financial results for the fourth quarter and full year ended December 31, 2021, announced via press release on March 2, 2022.
Key Financial Metrics
This Form 8-K serves as a notification of a press release (Exhibit 99.1) containing financial results. The filing text itself does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. Investors must refer to the attached press release for these figures.
Material Changes and Corporate Events
- Executive Departure: Steve Emberland, the Company's principal accounting officer, notified the Company of his resignation effective March 3, 2022.
- Executive Appointment: Jim Malone, the Company's Chief Financial Officer, was appointed by the Board of Directors to serve as the new principal accounting officer effective immediately upon Mr. Emberland's departure.
Guidance, Outlook, and Risks
The Company issued financial guidance for fiscal year 2022 in the press release referenced in Item 2.02. The filing text does not detail the specific guidance figures, management commentary, risks, or contingencies. The information in Item 2.02 is furnished and not deemed "filed" for purposes of Section 18 of the Exchange Act.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release dated March 2, 2022) for specific Q4 and full-year 2021 financial results.
- Verify the specific fiscal year 2022 guidance figures provided in the press release.
- Confirm the transition of accounting responsibilities from Steve Emberland to Jim Malone.
- Check for any subsequent filings regarding the internal controls or accounting practices following the change in principal accounting officer.