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Sep 30, 2021
CSG Systems Q3 2021 Earnings Report
Reported third quarter 2021 results and reconfirming all 2021 financial guidance targets.
Key Takeaways
CSG Systems International reported a revenue of $263.2 million for the third quarter of 2021, a 7.8% increase compared to the same period in 2020. The company's GAAP EPS was $0.50, and non-GAAP EPS was $0.88. CSG also signed a landmark Charter Communications contract extension and expansion through 2027, and a DISH Network contract extension through mid-2026.
Total revenue was $263.2 million and total non-GAAP adjusted revenue was $247.0 million.
GAAP operating income was $32.8 million, or 12.4% of total revenue, and non-GAAP operating income was $41.6 million, or 16.8% of non-GAAP adjusted revenue.
GAAP earnings per diluted share (EPS) was $0.50 and non-GAAP EPS was $0.88.
Cash flows used in operations were $46.1 million, with a non-GAAP free cash flow of $38.7 million.
Revenue by Geographic Location
Forward Guidance
CSG is reaffirming its financial guidance for the full year 2021 and providing a preliminary financial outlook for certain full year 2022 financial measures.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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