secwatch.observer — SEC 8-K summary
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Issuer:     CSG SYSTEMS INTERNATIONAL INC (CSGS)
CIK:        0001005757
Form:       8-K
Filed at:   2024-02-07T23:59:59+00:00
Accession:  0000950170-24-012195
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02
LLM model:  deepseek-v4-flash:cloud@v2

CSG Systems Q4 revenue $297M, non-GAAP EPS $0.92; 2023 organic revenue up 7.3%; dividend raised 7%
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- Q4 revenue $297.3M (+2.6% YoY); GAAP EPS $0.44, non-GAAP EPS $0.92; GAAP operating margin 8.3%, non-GAAP 16.1%.
- Full-year 2023 revenue $1.17B (+7.3% YoY); GAAP EPS $2.20, non-GAAP EPS $3.69; non-GAAP adjusted operating margin 17.2% (up from 16.6%).
- Board approved 7% dividend increase to $0.30/quarter; 11th consecutive annual increase; total dividends $34M in 2023.
- Returned over $150M to shareholders in 2023 including $117M share repurchases; Q4 operating cash flow $79.5M, record non-GAAP free cash flow $74.5M.
- 2024 guidance: revenue $1.2-1.24B; non-GAAP adjusted operating margin 17.0%-17.4%; mid-single-digit organic revenue growth expected.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1005757/000095017024012195/0000950170-24-012195-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1005757/000095017024012195/csgs-20240207.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-012195

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