Part I [Business](index=4&type=section&id=Item%201.%20Business) CSG is a SaaS platform company providing solutions for revenue management, digital monetization, customer experience, and payments across various industries - CSG is a purpose-driven, SaaS platform company that enables global companies to simplify customer engagement and monetization in the digital age, managing billions of critical customer interactions annually[19](index=19&type=chunk) - The company serves a wide range of industries including telecom, broadband cable, media, retail, healthcare, financial services, insurance, and government[21](index=21&type=chunk) - CSG's solutions are categorized into three main areas: Revenue Management and Digital Monetization, Transformational Customer Experiences, and Payments[24](index=24&type=chunk)[26](index=26&type=chunk)[30](index=30&type=chunk) - Key growth strategies include accelerating revenue growth through organic means and disciplined acquisitions, leading with category-defining technology, delivering exceptional customer experiences, becoming the SaaS provider of choice for CSPs, and expanding into high-growth industry verticals[41](index=41&type=chunk)[42](index=42&type=chunk)[43](index=43&type=chunk)[44](index=44&type=chunk)[45](index=45&type=chunk) Significant Customer Revenue Concentration (2023-2024) | Customer | 2024 Revenue (millions) | 2024 % of Revenue | 2023 Revenue (millions) | 2023 % of Revenue | | :--- | :--- | :--- | :--- | :--- | | Charter | $240 | 20% | $241 | 21% | | Comcast | $225 | 19% | $215 | 18% | - The company's main competitors include Amdocs, NEC Netcracker, Salesforce, Adobe, Ericsson, Accenture, FIS, Stripe, and Square[52](index=52&type=chunk) - As of December 31, 2024, CSG employed over **5,800 people globally**, with the largest concentrations in Asia-Pacific/Australia (46%) and North America (36%)[64](index=64&type=chunk) - CSG has a sustainability goal to be **carbon neutral for Scope 1 and 2 greenhouse emissions by 2035**[67](index=67&type=chunk) [Risk Factors](index=15&type=section&id=Item%201A.%20Risk%20Factors) The company faces significant risks from customer concentration, cybersecurity, technological change, global operations, and regulatory compliance - **Customer Concentration:** A significant portion of revenue is derived from a few large customers, notably Charter and Comcast, which together account for about **40% of total revenue**[78](index=78&type=chunk)[79](index=79&type=chunk) - **Cybersecurity and System Availability:** The delivery of solutions depends on complex computing systems and networks that are vulnerable to interruptions, outages, and security breaches like ransomware attacks[82](index=82&type=chunk)[83](index=83&type=chunk)[84](index=84&type=chunk) - **Technological Change and AI:** The market demands rapid technological innovation, and failure to develop and enhance solutions, including the ethical and effective implementation of AI, could hurt competitiveness[88](index=88&type=chunk)[90](index=90&type=chunk) - **Global Operations:** Conducting business internationally exposes the company to risks such as foreign currency fluctuations, compliance with varied legal and regulatory requirements, political instability, and trade barriers[93](index=93&type=chunk) - **Payments Business Risks:** The payments business is susceptible to fraud, chargebacks, and non-fulfillment by merchants, which could lead to financial losses[94](index=94&type=chunk) - **Intellectual Property:** The company relies on trade secret, copyright, and contractual arrangements to protect its IP, and failure to do so or facing infringement claims could substantially harm the business[96](index=96&type=chunk)[97](index=97&type=chunk)[98](index=98&type=chunk) - **Regulatory Compliance:** The business is subject to evolving data privacy laws (e.g., GDPR, CCPA), payment regulations, and anti-money laundering laws, with non-compliance risking substantial fines[107](index=107&type=chunk)[108](index=108&type=chunk)[111](index=111&type=chunk)[114](index=114&type=chunk) [Unresolved Staff Comments](index=32&type=section&id=Item%201B.%20Unresolved%20Staff%20Comments) The company reports that it has no unresolved staff comments from the SEC - None[125](index=125&type=chunk) [Cybersecurity](index=33&type=section&id=Item%201C.%20Cybersecurity) CSG manages cybersecurity risks through a program aligned with the ISO 27001 framework, overseen by a dedicated committee and the Board of Directors - The company's cybersecurity program is aligned with the **ISO 27001 framework**, SEC regulations, and industry best practices[127](index=127&type=chunk) - A cross-functional Information Security Steering Committee (ISSC), chaired by the CISO, oversees the cybersecurity program's direction and effectiveness[132](index=132&type=chunk) - The Board of Directors is responsible for overseeing the cybersecurity program, with a standing Cybersecurity Committee advising on strategic guidance[135](index=135&type=chunk)[137](index=137&type=chunk) - As of the filing date, CSG is not aware of any material risks from cybersecurity threats that have materially affected or are reasonably likely to materially affect the company[128](index=128&type=chunk) [Properties](index=35&type=section&id=Item%202.%20Properties) CSG leases its corporate headquarters in Denver, Colorado, and is reducing its global real estate footprint following a flexible work approach - Corporate headquarters is located in Denver, Colorado, under a lease expiring in **2033**[138](index=138&type=chunk) - The company leases three design and delivery centers in the U.S, with leases expiring between **2026 and 2029**[140](index=140&type=chunk) - CSG has been reducing its real estate footprint since 2022 due to a flexible work approach[139](index=139&type=chunk) [Legal Proceedings](index=35&type=section&id=Item%203.%20Legal%20Proceedings) The company states that it is not currently a party to any material pending or threatened legal proceedings - In the opinion of management, CSG is not presently a party to any material pending or threatened legal proceedings[142](index=142&type=chunk) [Mine Safety Disclosures](index=35&type=section&id=Item%204.%20Mine%20Safety%20Disclosures) This item is not applicable to the company - Not applicable[143](index=143&type=chunk) Part II [Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities](index=39&type=section&id=Item%205.%20Market%20for%20Registrant's%20Common%20Equity%2C%20Related%20Stockholder%20Matters%20and%20Issuer%20Purchases%20of%20Equity%20Securities) CSG's common stock (CSGS) trades on Nasdaq, and the company actively repurchased shares in Q4 2024 under an authorized program - The company's common stock is listed on the Nasdaq Stock Market LLC under the symbol **'CSGS'**[153](index=153&type=chunk) Issuer Purchases of Equity Securities (Q4 2024) | Period | Total Number of Shares Purchased | Average Price Paid Per Share | Maximum Dollar Value that May Yet Be Purchased Under the Program | | :--- | :--- | :--- | :--- | | Oct 1 - Oct 31 | 181,841 | $48.18 | $153,400,374 | | Nov 1 - Nov 30 | 142,915 | $53.58 | $145,863,553 | | Dec 1 - Dec 31 | 149,320 | $53.18 | $137,950,850 | | **Total** | **474,076** | **$51.38** | | - In August 2024, the Board authorized an additional **$100.0 million** for the Stock Repurchase Program, with all repurchases to be completed by **December 31, 2025**[157](index=157&type=chunk) [[Reserved]](index=40&type=section&id=Item%206.%20%5BReserved%5D) This item is reserved [Management's Discussion and Analysis of Financial Condition and Results of Operations](index=41&type=section&id=Item%207.%20Management's%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Fiscal year 2024 saw revenue growth of 2.4% to $1,197.2 million, driven by SaaS solutions, with improved operating margins and higher diluted EPS Key Financial Results (2023 vs. 2024) | Metric | 2024 | 2023 | | :--- | :--- | :--- | | Revenue | $1,197.2M | $1,169.3M | | Operating Income | $131.3M | $123.9M | | Operating Margin | 11.0% | 10.6% | | Diluted EPS | $3.03 | $2.20 | - Revenue growth in 2024 was primarily driven by continued expansion of **SaaS and related solutions revenue**, including contributions from businesses acquired in Q2 2024[158](index=158&type=chunk) - The company renewed its agreement with Comcast in October 2024, extending the relationship through **December 31, 2030**[164](index=164&type=chunk) - Cash flow from operating activities increased to **$135.7 million** in 2024 from $131.9 million in 2023[161](index=161&type=chunk) [Quantitative and Qualitative Disclosures About Market Risk](index=59&type=section&id=Item%207A.%20Quantitative%20and%20Qualitative%20Disclosures%20About%20Market%20Risk) CSG is exposed to market risks from interest rates on its variable-rate debt, the market value of its convertible debt, and foreign currency fluctuations - The company is exposed to interest rate risk on its 2021 Credit Agreement, which has a variable interest rate based on **SOFR**[238](index=238&type=chunk) - The fair value of the company's convertible debt is exposed to market risk, and as of Dec 31, 2024, the fair value of the 2023 Convertible Notes was **$429.1 million**[242](index=242&type=chunk) - Foreign currency exchange risk exists due to global operations, but approximately **89% of 2024 revenue** was generated in U.S. dollars[243](index=243&type=chunk)[244](index=244&type=chunk) [Financial Statements and Supplementary Data](index=60&type=section&id=Item%208.%20Financial%20Statements%20and%20Supplementary%20Data) This section presents the company's audited consolidated financial statements, management's report on internal controls, and the independent auditor's unqualified opinion - Management assessed the company's internal control over financial reporting as **effective** as of December 31, 2024, based on the COSO framework[250](index=250&type=chunk) - The independent registered public accounting firm, KPMG LLP, issued an **unqualified opinion** on both the consolidated financial statements and the effectiveness of internal control over financial reporting[254](index=254&type=chunk)[262](index=262&type=chunk) Consolidated Balance Sheet Summary (As of Dec 31) | (in thousands) | 2024 | 2023 | | :--- | :--- | :--- | | **Total Assets** | **$1,500,687** | **$1,443,046** | | Total Current Assets | $900,882 | $862,226 | | Total Non-Current Assets | $599,805 | $580,820 | | **Total Liabilities** | **$1,218,118** | **$1,169,720** | | Total Current Liabilities | $615,209 | $560,836 | | Total Non-Current Liabilities | $602,909 | $608,884 | | **Total Stockholders' Equity** | **$282,569** | **$273,326** | Consolidated Statement of Income Summary (Year Ended Dec 31) | (in thousands) | 2024 | 2023 | 2022 | | :--- | :--- | :--- | :--- | | Revenue | $1,197,248 | $1,169,258 | $1,089,752 | | Operating Income | $131,333 | $123,877 | $78,747 | | **Net Income** | **$86,852** | **$66,246** | **$44,060** | Consolidated Statement of Cash Flows Summary (Year Ended Dec 31) | (in thousands) | 2024 | 2023 | 2022 | | :--- | :--- | :--- | :--- | | Net cash provided by operating activities | $135,717 | $131,896 | $63,597 | | Net cash used in investing activities | ($5,128) | ($27,906) | ($9,038) | | Net cash used in financing activities | ($79,923) | ($31,305) | ($51,685) | [Changes in and Disagreements with Accountants on Accounting and Financial Disclosure](index=110&type=section&id=Item%209.%20Changes%20in%20and%20Disagreements%20with%20Accountants%20on%20Accounting%20and%20Financial%20Disclosure) The company reports no changes in or disagreements with its accountants on accounting principles, practices, or financial statement disclosure - None[434](index=434&type=chunk) [Controls and Procedures](index=110&type=section&id=Item%209A.%20Controls%20and%20Procedures) Management concluded that the company's disclosure controls and procedures were effective as of December 31, 2024, with no material changes in the fourth quarter - The CEO and CFO concluded that the company's disclosure controls and procedures were **effective** as of the end of the reporting period[435](index=435&type=chunk) - There were **no changes** in internal control over financial reporting during the fourth quarter of 2024 that materially affected, or are reasonably likely to materially affect, internal controls[438](index=438&type=chunk) [Other Information](index=110&type=section&id=Item%209B.%20Other%20Information) No directors or officers adopted, modified, or terminated any Rule 10b5-1 or other non-Rule 10b5-1 trading arrangements in Q4 2024 - No directors or officers adopted, modified, or terminated any Rule 10b5-1 trading plans or non-Rule 10b5-1 trading arrangements in Q4 2024[439](index=439&type=chunk) [Disclosure Regarding Foreign Jurisdictions that Prevent Inspections](index=110&type=section&id=Item%209C.%20Disclosure%20Regarding%20Foreign%20Jurisdictions%20that%20Prevent%20Inspections) This item is not applicable to the company - Not applicable[440](index=440&type=chunk) Part III [Directors, Executive Officers and Corporate Governance](index=111&type=section&id=Item%2010.%20Directors%2C%20Executive%20Officers%20and%20Corporate%20Governance) Information regarding directors and executive officers is incorporated by reference from the company's 2025 Annual Meeting Proxy Statement - Information for this item is incorporated by reference from the registrant's Definitive Proxy Statement for its 2025 Annual Meeting of Stockholders[442](index=442&type=chunk) [Executive Compensation](index=111&type=section&id=Item%2011.%20Executive%20Compensation) Information regarding executive compensation is incorporated by reference from the company's 2025 Annual Meeting Proxy Statement - Information for this item is incorporated by reference from the registrant's Definitive Proxy Statement for its 2025 Annual Meeting of Stockholders[443](index=443&type=chunk) [Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters](index=111&type=section&id=Item%2012.%20Security%20Ownership%20of%20Certain%20Beneficial%20Owners%20and%20Management%20and%20Related%20Stockholder%20Matters) Information regarding security ownership is incorporated by reference from the company's 2025 Annual Meeting Proxy Statement - Information for this item is incorporated by reference from the registrant's Definitive Proxy Statement for its 2025 Annual Meeting of Stockholders[444](index=444&type=chunk) [Certain Relationships and Related Transactions, and Director Independence](index=111&type=section&id=Item%2013.%20Certain%20Relationships%20and%20Related%20Transactions%2C%20and%20Director%20Independence) Information regarding related transactions and director independence is incorporated by reference from the company's 2025 Annual Meeting Proxy Statement - Information for this item is incorporated by reference from the registrant's Definitive Proxy Statement for its 2025 Annual Meeting of Stockholders[445](index=445&type=chunk) [Principal Accounting Fees and Services](index=111&type=section&id=Item%2014.%20Principal%20Accounting%20Fees%20and%20Services) Information regarding principal accounting fees and services is incorporated by reference from the company's 2025 Annual Meeting Proxy Statement - Information for this item is incorporated by reference from the registrant's Definitive Proxy Statement for its 2025 Annual Meeting of Stockholders[446](index=446&type=chunk) Part IV [Exhibits, Financial Statement Schedules](index=111&type=section&id=Item%2015.%20Exhibits%2C%20Financial%20Statement%20Schedules) This section lists the financial statements and provides a detailed index of all exhibits filed with the Form 10-K - The financial statements are listed in the Index to Consolidated Financial Statements on page 37[448](index=448&type=chunk) - No financial statement schedules are filed with this report[448](index=448&type=chunk) - A comprehensive list of exhibits, including governance documents, material contracts, and certifications, is provided in the Exhibit Index[448](index=448&type=chunk)[451](index=451&type=chunk) [Form 10-K Summary](index=111&type=section&id=Item%2016.%20Form%2010-K%20Summary) The company has not provided a Form 10-K summary - None[450](index=450&type=chunk)

CSG Q4 & Full Year 2024 Earnings Presentation Brian Shepherd CEO & President Hai Tran CFO Safe Harbor Forward-Looking Statements + Disclaimers This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In this context, forward-looking statements often address expected future business and financial performance and financial condition, and often contain words such as "expect," "anticipate," "intend," "plan," "believe," "seek," "see," "will ...

Financial Data and Key Metrics Changes - In Q4, the company achieved a record quarterly revenue of $317 million, representing a 7% year-over-year growth and a 5% organic revenue growth [7][35] - Non-GAAP adjusted operating income increased by 32% year-over-year to $58 million, with a non-GAAP adjusted operating margin of 20.1% [36] - Non-GAAP adjusted EBITDA grew 21% year-over-year to $72 million, achieving a margin of 24.8% [36] - Non-GAAP EPS saw a significant increase of 79% year-over-year, reaching $1.65 [38] - Non-GAAP adjusted free cash flow improved by 9% year-over-year to $113 million [39] Business Line Data and Key Metrics Changes - The growth in revenue was attributed to the SaaS and related solutions, alongside approximately $6 million from acquired businesses [35] - The top two customers, Comcast and Charter, reported a 3% year-over-year revenue increase in Q4 [35] Market Data and Key Metrics Changes - The company is diversifying its revenue streams, targeting new industry verticals to exceed 35% of total revenue by 2026 [11] - The company has expanded its presence in various sectors, including media, financial services, healthcare, and retail, indicating a broadening market reach [15][70] Company Strategy and Development Direction - The company aims to achieve 2% to 6% organic revenue growth and expand its non-GAAP operating margin to a long-term range of 18% to 20% [12][27] - The strategy includes becoming more asset-light to enhance free cash flow growth in 2025 and 2026, with a target of $110 million to $150 million in adjusted free cash flow for 2025 [13][28] - The company is committed to returning over $100 million to shareholders through share repurchases and dividends in 2025 [28] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to expand profitability and operating leverage, with expectations for continued improvement in profitability metrics [37][46] - Despite a tough market environment, management noted a healthier sales pipeline entering 2025 compared to the previous year [54][112] - The company anticipates organic revenue growth of 2% to 4% for 2025, with potential for higher performance if the year starts strong [58][114] Other Important Information - The company completed two smaller, highly accretive acquisitions in 2024, contributing to recurring revenue [30] - The company is leveraging AI to enhance customer engagement and operational efficiency, focusing on practical applications rather than hype [79][84] Q&A Session Summary Question: Can you talk about the pipeline entering 2025 compared to a year ago? - Management indicated that the pipeline has grown and is healthier, with opportunities distributed across various prospects [54][50] Question: Any notable dynamics in the quarter regarding deals or budget flush? - Management noted nothing out of the ordinary, with typical delays in large, complex opportunities [56] Question: How do you see operating margin expansion in 2025 compared to 2026? - Management expects modest expansion in 2025, with further improvements anticipated in 2026 due to operational efficiencies and revenue mix [61][66] Question: What is the outlook for CXM payments and growth in those segments? - Management reported robust growth in both segments, with expectations for double-digit organic growth [92][93] Question: How is the company leveraging AI for growth and efficiency? - Management emphasized a pragmatic approach to AI, focusing on specific use cases that drive customer engagement and operational efficiency [79][84] Question: Concerns regarding governmental business and FX volatility? - Management stated minimal exposure to governmental contracts and no concerns regarding revenue guidance for 2025 [88][89]

CSG Systems (CSGS) came out with quarterly earnings of $1.65 per share, beating the Zacks Consensus Estimate of $1.21 per share. This compares to earnings of $0.92 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 36.36%. A quarter ago, it was expected that this provider of support services for the communications industry would post earnings of $1.08 per share when it actually produced earnings of $1.06, delivering a surprise of ...

Financial Data and Key Metrics Changes - CSG reported record quarterly revenue of $317 million in Q4 2024, representing a 7% year-over-year growth and a 5% organic revenue growth [7][8] - Non-GAAP adjusted operating income increased by 32% year-over-year to $58 million, with a non-GAAP adjusted operating margin of 20.1% [9][26] - Non-GAAP adjusted EBITDA grew 21% year-over-year to $72 million, achieving a margin of 24.8% [9][26] - Non-GAAP EPS reached $1.65, marking a 79% year-over-year increase [9][28] - Free cash flow for 2024 was $113 million, reflecting a 9% year-over-year growth [9][29] Business Line Data and Key Metrics Changes - The growth in revenue was attributed to the SaaS and related solutions, alongside $6 million from acquired businesses [26] - Revenue from top customers, Comcast and Charter, saw a 3% year-over-year increase in Q4 [26] Market Data and Key Metrics Changes - CSG is diversifying its revenue streams, targeting greater than 35% from new industry verticals by 2026 [10][12] - The company is expanding beyond traditional telecom and cable broadband into sectors like media, financial services, healthcare, and retail [12] Company Strategy and Development Direction - CSG aims for 2% to 6% organic revenue growth and plans to become more asset-light to enhance free cash flow growth in 2025 and 2026 [10][11] - The company is committed to returning over $100 million to shareholders through buybacks and dividends in 2025 [21][22] - CSG is focused on integrating acquired businesses to achieve strategic and financial goals [4][5] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to expand profitability and operating leverage, with expectations for non-GAAP adjusted operating margins to reach 18% to 20% in the coming years [20][21] - The management acknowledged a tough market environment but noted a healthier sales pipeline entering 2025 compared to the previous year [40][41] Other Important Information - CSG has made two small, highly accretive acquisitions in 2024, which are expected to contribute to recurring revenue [22][23] - The company is leveraging AI to enhance customer engagement and operational efficiency [61][63] Q&A Session Summary Question: Can you discuss the pipeline entering 2025 compared to last year? - Management noted a healthy and growing pipeline, with a focus on quick deployment solutions that provide rapid returns for customers [35][36][38] Question: What are the dynamics of the quarter regarding deals and budget flush? - Management indicated no unusual dynamics, with typical delays in complex deals, but a higher backlog entering 2025 compared to 2024 [39][40] Question: Can you explain the modest operating margin expansion expected in 2025? - Management highlighted that gross margin expansion is driven by a mix of business and ongoing efficiency improvements [45][46][48] Question: How is the revenue diversification progressing towards the 35% target? - Management emphasized a broad portfolio of wins across various verticals, with a focus on targeted business problems that drive revenue uplift [51][52][54] Question: What is the outlook for the CXM and Payments segments? - Both segments are expected to grow at double-digit rates, with some fluctuations in quarterly performance [72][73] Question: How is AI impacting CSG's operations and revenue? - Management discussed leveraging AI for specific use cases to enhance customer engagement and operational efficiency, viewing it as essential for future growth [61][63]

FOR IMMEDIATE RELEASE PRESS RELEASE CSG SYSTEMS INTERNATIONAL REPORTS FOURTH QUARTER AND FULL YEAR 2024 RESULTS Reported Record Quarterly Revenue of $317 Million in Q4 2024, up 7% YoY Achieved or Exceeded All Profitability and Cash Flow Guidance Targets in 2024 2024 Operating Cash Flow of $136 Million; $113 Million of Non-GAAP Adjusted Free Cash Flow, up 9% YoY Dividend Payout Increased 7% in 2025; Marks 12th Consecutive Year of Increased Payout $100+ Million Shareholder Remuneration Target via Dividends an ...

Core Insights - The article emphasizes the importance of the Zacks Rank system and Style Scores in identifying strong stocks, particularly for value investors [1][2] Company Overview: CSG Systems International (CSGS) - CSGS currently holds a Zacks Rank of 2 (Buy) and a Value grade of A, indicating strong potential for value investors [3] - The stock is trading at a P/E ratio of 12.50, significantly lower than the industry average of 20.29, suggesting it may be undervalued [3] - CSGS's Forward P/E has fluctuated between 9.56 and 14.67 over the past year, with a median of 11.14 [3] Valuation Metrics - CSGS has a PEG ratio of 1.25, which is below the industry average of 1.90, indicating favorable growth expectations relative to its price [4] - The P/S ratio for CSGS is 1.37, compared to the industry's average of 1.62, further supporting the notion of undervaluation [5] - The P/CF ratio stands at 11.66, which is lower than the industry average of 15.02, highlighting the company's strong cash flow outlook [6] Investment Potential - The combination of these metrics suggests that CSGS is likely undervalued and presents an attractive investment opportunity for value investors [7]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 0-27512 | --- | --- | |------------------------------------------------------------------------------------------------------|-- ...

CSG Systems International, Inc. (NASDAQ:CSGS) Q3 2024 Earnings Conference Call November 6, 2024 5:00 PM ET Company Participants John Rea - Head of Investor Relations and Treasurer Brian Shepherd - Chief Executive Officer and President Hai Tran - Executive Vice President and Chief Financial Officer Conference Call Participants Gregory Burns - Sidoti & Company Dan Bergstrom - RBC Capital Markets Shlomo Rosenbaum - Stifel Thomas Shinske - Cantor Fitzgerald George Notter - Jefferies Matthew Harrigan - Benchmark ...

CSG Systems (CSGS) came out with quarterly earnings of $1.06 per share, missing the Zacks Consensus Estimate of $1.08 per share. This compares to earnings of $0.92 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -1.85%. A quarter ago, it was expected that this provider of support services for the communications industry would post earnings of $0.91 per share when it actually produced earnings of $1.02, delivering a surprise of ...