Loading...
•
Mar 31, 2020
CSG Systems Q1 2020 Earnings Report
CSG Systems' first quarter results for 2020 were reported, showing a slight increase in revenue and solid performance despite the impact of the pandemic.
Key Takeaways
CSG Systems reported solid first-quarter results with a slight increase in revenue compared to the previous year. The company's recurring contracts and resilient business model have positioned it well to weather the challenges posed by the pandemic. CSG is updating its financial guidance for the full year 2020.
Total revenue was $245.6 million; non-GAAP adjusted revenue was $227.3 million.
GAAP operating income was $33.2 million, 13.5% of total revenue; non-GAAP operating income was $42.2 million, 18.5% of non-GAAP adjusted revenue.
GAAP earnings per diluted share (EPS) was $0.66; non-GAAP EPS was $0.87.
Cash flows used in operations were ($7.2) million, with a non-GAAP free cash flow deficit of ($12.0) million.
Forward Guidance
CSG is updating its financial guidance for the full year 2020.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...