UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 0-27512 Delaware 47-0783182 (State or other jurisdiction of incorporation or organization)(I.R.S. Employer Identification No.) Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, Par Value $0.01 Per Share CSGS NASDAQ Stock Market LLC Indicate by check mark whether the regis ...

CSG Systems International, Inc. (NASDAQ:CSGS) Q2 2023 Earnings Conference Call August 2, 2023 5:00 PM ET Company Participants John Rea - Head of Investor Relations Brian Shepherd - President & Chief Executive Officer Hai Tran - Chief Financial Officer Conference Call Participants Maggie Nolan - William Blair Nehal Chokshi - Northland Capital Markets Shlomo Rosenbaum - Stifel Matthew Harrigan - The Benchmark Company Brett Knoblauch - Cantor Fitzgerald Dan McDermott - Oppenheimer Operator Good afternoon, ladi ...

Securities registered pursuant to Section 12(b) of the Act: (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR Commission file number 0-27512 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 CSG SYSTEMS INTERNATIONAL, INC. (Exact name of registrant as specified in its charter) Delaware 47-0783182 (State or other jurisdiction of incorporation or organization)(I.R.S. Employer Identification ...

Safe Harbor 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," "would," "may," "target," and similar expressions and variations or negatives of these words. These forward-looking statements m ...

CSG Systems International, Inc. (NASDAQ:CSGS) Q1 2023 Earnings Conference Call May 3, 2023 5:00 PM ET Company Participants John Rea - Vice President and Head of Investor Relations Brian Shepherd - President and Chief Executive Officer Hai Tran - Executive Vice President and Chief Financial Officer Conference Call Participants Matthew Stotler - William Blair & Company Matthew Harrigan - The Benchmark Company, LLC Brett Knoblauch - Cantor Fitzgerald & Co. Shlomo Rosenbaum - Stifel, Nicolaus & Company, Inc. Ti ...

The following table represents the fair value hierarchy based upon three levels of inputs, of which Levels 1 and 2 are considered observable and Level 3 is unobservable, for our financial assets measured at fair value (in thousands): Other Intangible Assets. Our other intangible assets subject to ongoing amortization consist primarily of acquired customer contracts and software. As of March 31, 2023 and December 31, 2022, the carrying values of these assets were as follows (in thousands): In April 2023, we ...

Revenue Performance - Revenue for 2022 was $1,089.8 million, a 4.1% increase from $1,046.5 million in 2021, primarily driven by organic growth in revenue management solutions [27]. - The company reported total revenue of $1,089,752,000 for the year ended December 31, 2022, representing a 4.6% increase from $1,046,487,000 in 2021 [87]. - Total revenue for 2022 was $1,089,752 thousand, an increase from $1,046,487 thousand in 2021, representing a growth of approximately 4.0% [128]. - Revenue from SaaS and related solutions was $956,995 thousand in 2022, up from $926,290 thousand in 2021, indicating a growth of about 3.3% [128]. - The company generated approximately 88% of its revenue in U.S. dollars during the year ended December 31, 2022 [96]. Expenses and Costs - Cost of revenue for 2022 increased 4.0% to $565.2 million, maintaining a cost of revenue as a percentage of revenue at 51.9% for both 2022 and 2021 [35]. - SG&A expense for 2022 rose 10.9% to $238.0 million, with SG&A as a percentage of total revenue increasing to 21.8% from 20.5% in 2021 [36]. - Total operating expenses increased by 9.6% to $1,011.0 million in 2022, up from $922.3 million in 2021, primarily due to restructuring costs and inflationary pressures [215]. - Research and development expenses for 2022 were $137,913,000, up from $134,691,000 in 2021, highlighting continued investment in innovation [87]. - The company incurred asset impairment costs of $31,761 in 2022, significantly higher than $1,270 in 2021 [142]. Profitability and Income - Diluted EPS for 2022 was $1.41, down from $2.26 in 2021, mainly due to increased restructuring and reorganization charges [49]. - Net income for 2022 was $44,060,000, a decrease of 39.2% compared to $72,331,000 in 2021 [88]. - Operating income decreased to $78,747,000 in 2022 from $124,186,000 in 2021, indicating challenges in maintaining profitability [87]. - The company reported total comprehensive income of $23,584,000 for 2022, down from $65,116,000 in 2021, reflecting adverse foreign currency translation adjustments [88]. - Cash flows from operating activities provided $63,597 in 2022, down from $140,223 in 2021, representing a decline of 54.7% [142]. Cash and Liquidity - Cash and liquidity as of December 31, 2022, amounted to $150.4 million, a decrease from $233.7 million in 2021 [59]. - Total cash, cash equivalents, and restricted cash at the end of 2022 was $389,018, slightly down from $391,902 at the end of 2021 [142]. - The company had $1.0 million in restricted cash as of December 31, 2022, down from $1.4 million in 2021, representing a decrease of 28.6% [132]. - Total current assets increased to $765,955,000 in 2022 from $748,199,000 in 2021, primarily driven by an increase in trade accounts receivable [86]. - Total liabilities rose to $993,304,000 in 2022, compared to $946,905,000 in 2021, reflecting an increase in both current and non-current liabilities [86]. Shareholder Returns and Stock Activity - The company expects to pay cash dividends totaling $33.7 million in 2022, with future dividends subject to Board approval [68]. - The company repurchased common stock totaling $(96,604) thousand during the year ended December 31, 2022, compared to $(42,238) thousand in 2021, indicating an increase in repurchase activity [140]. - Stock-based compensation expense for the year ended December 31, 2022, was $27,243 thousand, an increase from $25,237 thousand in 2021, representing an increase of approximately 7.9% [140]. - The company’s stock-based compensation expense was $27,243 in 2022, an increase from $21,400 in 2021, reflecting a 27.3% rise [142]. Business Operations and Strategy - The company dissolved the MobileCard business in June 2022 due to unmet projected targets, impacting overall operating results [26]. - The company migrated approximately nine million customer accounts from a competitor's product onto its platforms in 2022, completing the consolidation of Charter's customer accounts [50]. - The company is continually evaluating potential business acquisitions and market share expansion strategies beyond the global communications market [69]. - The company generated 20% of its net billed accounts receivable from Charter and Comcast in both 2022 and 2021, indicating stable customer concentration [176]. - Revenue from Charter and Comcast represented 22% and 17% of total revenue, respectively, for 2022, down from 23% and 20% in 2021 [197]. Financial Reporting and Controls - The independent auditor, KPMG LLP, expressed an unqualified opinion on the effectiveness of the company's internal control over financial reporting as of December 31, 2022 [106]. - The company assessed the effectiveness of its internal control over financial reporting as of December 31, 2022, using COSO criteria [102]. - The company adopted ASU No. 2020-06, resulting in a $9.8 million cumulative-effect adjustment to accumulated earnings as of January 1, 2022 [194]. Future Outlook - The company expects to continue generating a large percentage of its revenue in U.S. dollars in the foreseeable future [96]. - The company expects to continue generating a significant percentage of future revenue from major customers, highlighting the risks associated with customer concentration [196].

CSG Systems International, Inc. (NASDAQ:CSGS) Q4 2022 Earnings Conference Call February 1, 2023 5:00 PM ET Company Participants John Rea - Head of Investor Relations Brian Shepherd - Chief Executive Officer Hai Tran - Chief Financial Officer Conference Call Participants Greg Burns - Sidoti Maggie Nolan - William Blair Timothy Horan - Oppenheimer Matthew Harrigan - Benchmark Operator Good morning. My name is Devon, and I will be your conference operator today. At this time, I would like to welcome everyone t ...

Forward-Looking 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," "would," "may," "target," and similar expressions and variations or negatives of these words. These forward-looking statements may include, among other things, statements with respect to ou ...

CSG Systems International, Inc. (NASDAQ:CSGS) Q3 2022 Earnings Conference Call November 2, 2022 5:00 PM ET Company Participants John Rea - IR Brian Shepherd - CEO Hai Tran - CFO Conference Call Participants Matthew Stotler - William Blair Gregory Burns - Sidoti & Company Matthew Harrigan - The Benchmark Company Operator Hello, and thank you for standing by. My name is Regina, and I will be your conference operator today. At this time, I would like to welcome everyone to the CSG Systems International, Inc. ...