earnings
confidence high
sentiment neutral
materiality 0.65
CSG Q1 revenue $295M, GAAP EPS $0.68, non-GAAP EPS $1.01; 30% revenue from non-CSP verticals
CSG SYSTEMS INTERNATIONAL INC
2024-Q1 EPS reported
$0.68
revenue$295,135,000
- Revenue $295.1M (flat YoY); GAAP operating margin 10.8%, non-GAAP adjusted operating margin 16.6%.
- GAAP EPS $0.68 unchanged; non-GAAP EPS $1.01 vs $1.04 in Q1 2023.
- For first time, >30% of revenue from outside Communication Service Providers (up from 7% in 2017).
- Returned over $160M to shareholders in LTM; Q1 included $9M dividends and $10M buybacks.
- All 2024 financial guidance targets reaffirmed.