earnings
confidence high
sentiment positive
materiality 0.80
CSG Q3 2024: Revenue $295M, non-GAAP EPS $1.06; raises FY2024 guidance; renews Comcast through 2030
CSG SYSTEMS INTERNATIONAL INC
2024-Q3 EPS reported
$1.83
revenue$880,596,000
- Total revenue $295.1M (+2.9% YoY); GAAP EPS $0.67; non-GAAP EPS $1.06 (+15.2% YoY).
- Announced Comcast contract renewal through 2030; raises 2024 non-GAAP EPS and profitability guidance.
- Committed to returning $100M+ to shareholders via dividends and buybacks in 2024 and 2025.
- Q3 cash from operations $39.5M; non-GAAP free cash flow $32.0M.
- Quarterly dividend $0.30/share; repurchased ~313k shares for ~$15M in Q3.