CSG Systems International reported strong first quarter 2025 results with a 1.5% increase in total revenue to $299.5 million. Non-GAAP operating income and EPS saw significant increases compared to the prior year, driven by improved operating discipline and revenue mix. The company also reported strong cash flow from operations and the highest first-quarter non-GAAP adjusted free cash flow since 2018.
Total revenue for Q1 2025 was $299.5 million, a 1.5% increase from Q1 2024.
Non-GAAP adjusted operating margin expanded by over 240 basis points to 19.0% in Q1 2025 compared to 16.6% in Q1 2024.
Non-GAAP EPS increased to $1.14 in Q1 2025, up from $1.01 in Q1 2024.
Non-GAAP adjusted free cash flow was $7.1 million in Q1 2025, a significant improvement from a deficit of $34.1 million in Q1 2024.
CSG is revising its financial guidance for the full year 2025, raising non-GAAP profitability and EPS targets while reiterating all other guidance.