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Dec 31, 2024

CSG Systems Q4 2024 Earnings Report

Expected Revenue:$290M
+3.1% YoY
Expected EPS:$1.2
+37.9% YoY

Key Takeaways

CSG Systems reported a record quarterly revenue of $316.7 million in Q4 2024, up 6.5% year-over-year. The company achieved or exceeded all profitability and cash flow guidance targets in 2024. They anticipate revenue to grow to between $1.21 and $1.25 billion for fiscal year 2025.

Total revenue was $316.7 million, a 6.5% increase year-over-year.

GAAP operating income was $42.3 million, representing a 13.4% operating margin.

GAAP earnings per diluted share (EPS) was $1.21, while non-GAAP EPS was $1.65.

Cash flows from operations were $82.5 million, with non-GAAP adjusted free cash flow of $76.6 million.

Total Revenue
$317M
Previous year: $297M
+6.5%
Gross Profit
$157M
Previous year: $135M
+16.3%
Cash and Equivalents
$162M
Previous year: $186M
-13.1%
Free Cash Flow
$76.6M
Previous year: $74.5M
+2.8%
Total Assets
$1.5B
Previous year: $1.44B
+4.0%

CSG Systems

CSG Systems

CSG Systems Revenue by Geographic Location

Forward Guidance

For fiscal year 2025, the company anticipates revenue to grow to between $1.21 and $1.25 billion prior to the impact of any M&A deals, with non-GAAP operating margins between 18.1% to 18.5% and non-GAAP adjusted free cash flow of $110 million to $150 million.

Positive Outlook

  • Revenue between $1.21 and $1.25 billion.
  • Adjusted Operating Margin Percentage 18.1% - 18.5%
  • EPS $4.55 - $4.80
  • Adjusted EBITDA $256 - $267 million
  • Adjusted Free Cash Flow $110 - $150 million