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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.
CSG Systems
CSG Systems
CSG Systems Revenue by Segment
CSG Systems Revenue by Geographic Location
Revenue by Segment
Broadband/Cable/Satellite Revenue
CapyFin.comTelecommunications Revenue
CapyFin.comAll other Revenue
CapyFin.comRevenue by Geographic Location
Americas Revenue
CapyFin.comEurope, Middle East and Africa Revenue
CapyFin.comAsia Pacific Revenue
CapyFin.com 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