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Jun 30, 2024
CSG Systems Q2 2024 Earnings Report
CSG Systems' financial performance for Q2 2024 showed a slight revenue increase and improved non-GAAP EPS, driven by SaaS growth and strategic acquisitions, while raising full-year profitability and non-GAAP EPS guidance.
Key Takeaways
CSG Systems reported a 1.4% increase in revenue to $290.3 million for Q2 2024. GAAP EPS was $0.48, and non-GAAP EPS was $1.02. The company raised its full-year profitability and non-GAAP EPS guidance targets, authorized an additional $100 million share repurchase program, and closed two acquisitions for $33 million.
Total revenue increased by 1.4% to $290.3 million.
GAAP EPS rose to $0.48, and non-GAAP EPS reached $1.02.
The company closed two acquisitions for a total of $33 million.
CSG raised its profitability and non-GAAP EPS guidance for the full year.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
CSG is revising its financial guidance for the full year 2024.
Positive Outlook
- Adjusted Operating Margin Percentage: 17.3% - 17.7%
- EPS: $4.05 - $4.35
- Adjusted EBITDA: $247 - $257 million
- Free Cash Flow: $95 - $135 million
- Revenue: $1,200 - $1,240 million
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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