earnings
confidence high
sentiment positive
materiality 0.75
CSG Q1 revenue up 13% YoY to $298.7M; GAAP EPS $0.68, non-GAAP $1.04
CSG SYSTEMS INTERNATIONAL INC
2023-Q1 EPS reported
$0.68
revenue$298,739,000
- Total revenue $298.7M, up 13% organically YoY; GAAP operating income $38.2M (12.8% margin).
- Non-GAAP operating income $53.5M (19.3% margin); non-GAAP EPS $1.04, up 20.9% YoY.
- Declared quarterly cash dividend of $0.28 per share, approximately $9M total.
- Completed Charter subscriber migration from competitor's billing system in Q1.
- Reiterated all 2023 financial guidance targets after strong Q1.