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Dec 31, 2022

CSG Systems Q4 2022 Earnings Report

Reported strong revenue growth and margin improvement.

Key Takeaways

CSG Systems International reported a 5.4% increase in total revenue for Q4 2022, reaching $289.9 million. GAAP EPS was $0.66 and non-GAAP EPS was $0.84. The company returned over $120 million to shareholders in 2022 and increased its dividend payout by 6% for 2023.

Total revenue increased by 5.4% to $289.9 million.

GAAP EPS was $0.66 and non-GAAP EPS was $0.84.

GAAP operating income was $35.1 million, with a 12.1% operating margin.

Returned over $120 million to shareholders in 2022, including repurchasing 1.5 million shares.

Total Revenue
$290M
Previous year: $275M
+5.4%
EPS
$0.84
Previous year: $0.83
+1.2%
Gross Profit
$140M
Previous year: $133M
+5.1%
Cash and Equivalents
$150M
Previous year: $206M
-26.9%
Free Cash Flow
$48.6M
Previous year: $47.9M
+1.5%
Total Assets
$1.35B
Previous year: $1.39B
-2.8%

CSG Systems

CSG Systems

CSG Systems Revenue by Geographic Location

Forward Guidance

CSG anticipates accelerating revenue growth in 2023 coupled with non-GAAP adjusted operating margins in the range of 16.5% to 17.0%.

Revenue & Expenses

Visualization of income flow from segment revenue to net income