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Mar 31, 2021
CSG Systems Q1 2021 Earnings Report
Reported solid first quarter, driven by revenue and adjusted revenue growth, and reconfirmed all 2021 financial guidance targets.
Key Takeaways
CSG Systems International reported a positive start to Q1 2021, with revenue up 3.1% year-over-year and adjusted revenue up 4.1% year-over-year. The company reconfirmed its 2021 financial targets.
Total revenue was $253.1 million.
GAAP operating income was $31.4 million, or 12.4% of total revenue.
GAAP earnings per diluted share (EPS) was $0.61 and non-GAAP EPS was $0.82.
Cash flows used in operations were ($2.8) million, with a non-GAAP free cash flow deficit of ($11.0) million.
Revenue by Geographic Location
Forward Guidance
CSG is reaffirming its financial guidance for the full year 2021.
Positive Outlook
- Revenue $995 - $1,035 million
- Operating Margin Percentage 12.2% - 12.7%
- EPS $2.30 - $2.53
- Cash Flows from Operating Activities $135 - $155 million
- Adjusted EBITDA $212 - $222 million
Challenges Ahead
- Adjusted Revenue $922 - $954 million
- Adjusted Operating Margin Percentage 16.25% - 16.75%
- EPS $3.02 - $3.24
- Free Cash Flow $110 - $120 million
- None
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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