earnings
confidence high
sentiment positive
materiality 0.75
CSG Q2 2024 revenue $290.3M, non-GAAP EPS $1.02; raises full-year profitability guidance
CSG SYSTEMS INTERNATIONAL INC
2024-Q2 EPS reported
$1.16
revenue$585,453,000
- Revenue $290.3M, up 1.4% YoY; GAAP EPS $0.48, non-GAAP EPS $1.02, up 27.5% YoY.
- Board authorized additional $100M share repurchase; $0.30 quarterly dividend declared.
- Closed two acquisitions for ~$33M; new wins with Telenor Denmark, Telstra, One New Zealand.
- Raises 2024 profitability and non-GAAP EPS guidance; reiterates other targets.
- Non-GAAP operating margin 17.3%, up from 16.2% YoY; operating cash flow $43.1M.