CSG Systems International Earnings: Here’s Why Shares are Down Now

CSG Systems International Inc. (NASDAQ:CSGS) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company. Shares are down 0.24%.

CSG Systems International Inc. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share increased 1.79% to $0.57 in the quarter versus EPS of $0.56 in the year-earlier quarter.

Revenue: Rose 1.22% to $186.1 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: CSG Systems International Inc. reported adjusted EPS income of $0.57 per share. By that measure, the company beat the mean analyst estimate of $0.50. It beat the average revenue estimate of $183.07 million.

Quoting Management: “This quarter we continued to make solid progress in extending our role in our clients’ operations and helping various providers monetize content and strengthen their relationships with their customers,” said Peter Kalan, president and chief executive officer for CSG International. “I believe that we have set this company up to deliver revenue growth and operating margin improvements in subsequent years as we successfully execute on the numerous opportunities that this dynamic and evolving market presents.”

Key Stats (on next page)…

Revenue increased 3.03% from $180.63 million in the previous quarter. EPS increased 18.75% from $0.48 in the previous quarter.

Looking Forward: Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.52 to a profit $0.53. For the current year, the average estimate has moved down from a profit of $2.11 to a profit of $2.08 over the last ninety days.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)