Announcement • May 26
CSG Systems International, Inc. Files Form 15 CSG Systems International, Inc. has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its Common Stock, par value $0.01 per share under the Securities Exchange Act of 1934, as amended. Announcement • Feb 04
CSG Systems International, Inc. Announces Quarterly Cash Dividend, Payable on April 1, 2026 CSG announced that its Board of Directors approved a 6% increase in the Company’s quarterly cash dividend payment. The new quarterly payment amount has been increased to $0.34 per share of common stock to be paid on April 1, 2026, to shareholders of record as of the close of business on March 18, 2026. Announcement • Feb 03
CSG Launches CSG Payments Protection.ai CSG launched CSG Payments Protection.ai, a next-generation fraud detection and financial risk management solution to accurately identify and stop payment fraud. The solution proactively monitors digital transactions across diverse payment channels and fraud types, so businesses can reduce fraud losses by 50-70% while significantly lowering false-positive alerts and the resulting customer friction. Driven by advanced AI and machine learning, Payments Protection.ai is a cloud-based platform, also deployable on-prem or in hybrid environments, enabling: Fewer fraud losses with fewer false declines. Intelligent, adaptive models continuously monitor transactions to promptly identify and block suspicious activity, while legitimate customers can pay without interruption. As fraud patterns evolve, the platform automatically adapts and recommends new safeguards so businesses stay ahead of emerging threats before losses occur. Stronger fraud decisions with high availability and scalability. A cloud-based, PCI-SSF certified architecture delivers enterprise-grade performance, analyzing thousands of transactions per second, so fraud checks stay responsive and reliable even in high-volume periods. This helps teams contain risks and maintain trust, without sacrificing speed or resilience. Highly configurable protection backed by experts. Industry-tailored and configurable rules are tuned for the needs of complex verticals, such as healthcare, telecoms, and property management. These improvements enable businesses to customize processes and stay ahead of emerging fraud patterns. Faster time-to-protection without added friction. Low-friction deployment and easy integration move teams from evaluation to live fraud monitoring in just weeks, without complicating the customer experience. This reduces time-to-protection, reduces operational burden, and keeps customers and revenue better protected. Announcement • Nov 14
CSG Systems International Approves Quarterly Dividend, Payable on January 6, 2026 CSG Systems International announced that its Board of Directors approved the Company’s quarterly cash dividend payment of $0.32 per share of common stock to be paid on January 6, 2026, for shareholders of record as of the close of business on December 22, 2025. Announcement • Oct 29
NEC Corporation (TSE:6701) entered into a definitive agreement to acquire CSG Systems International, Inc. (NasdaqGS:CSGS) for $2.4 billion. NEC Corporation (TSE:6701) entered into a definitive agreement to acquire CSG Systems International, Inc. (NasdaqGS:CSGS) for $2.4 billion on October 29, 2025. NEC will acquire CSG for $80.70 per share in cash, for a total enterprise value of approximately $2.9 billion, or approximately ¥440 billion, including debt. The transaction price represents a 17.38% premium over CSG’s closing price of $68.75 on October 28, 2025, and a 23.07% premium to the volume-weighted average price (VWAP) of CSG common stock for the 30 days ending October 28, 2025. If the merger agreement is terminated by CSG Systems, it is required to pay termination fee of $82 million to NEC Corporation and if the merger agreement is terminated by the NEC Corporation, it is required to pay termination fee of approximately $140 million.
The transaction is expected to close within the 2026 calendar year, subject to the satisfaction of customary closing conditions, including approval by CSG shareholders, receipt of required regulatory approvals, the expiration or early termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, and the approval of the Merger under certain other applicable antitrust and foreign investment regimes and certain Money Transmitter Laws. The agreement has been unanimously approved by both companies' boards.
Goldman Sachs is serving as financial advisor, Denny Kwon, Steven Y. Li, Gordon Palmquist and Noah Carr of Freshfields with offices in the US and Japan serving as legal advisors, and FGS Global is serving as strategic communications advisor to NEC. Jefferies is serving as financial advisor and fairness opinion provider, Anthony F. Vernace, Frederick W.P. de Albuquerque and Elizabeth J. DiSciullo of Simpson Thacher & Bartlett LLP are serving as legal advisors, and Joele Frank, Wilkinson Brimmer Katcher is serving as strategic communications advisor to CSG. Announcement • Aug 16
CSG Systems International Approves Quarterly Dividend, Payable on October 3, 2025 CSG Systems International, Inc. Board of Directors approved the Company’s quarterly cash dividend payment of $0.32 per share of common stock to be paid on October 3, 2025, for shareholders of record as of the close of business on September 19, 2025. Announcement • Aug 07
CSG Systems International, Inc. Revises Earnings Guidance for the Full Year 2025 CSG Systems International, Inc. revised earnings guidance for the full year 2025. For the year, the company expected no change from previous guidance of revenue of $1,210 million to $1,250 million; GAAP operating income of $128,300,000 to $139,300,000; GAAP net income of $72,600,000 to $80,400,000; and EPS of $2.57 to $2.83. Announcement • May 24
CSG Systems International Approves Quarterly Cash Dividend, Payable on July 2, 2025 CSG Systems International announced that its Board of Directors approved the Company’s quarterly cash dividend payment of $0.32 per share of common stock to be paid on July 2, 2025 for shareholders of record as of the close of business on June 18, 2025. Announcement • May 08
CSG Systems International, Inc. Revises Earnings Guidance for the Year 2025 CSG Systems International, Inc. revised earnings guidance for the year 2025. For the year, the company expects revised revenue to be in the range of $1,210 million to $1,250 million compared to previously expected revenue to be in the range of $1,210 million to $1,250 million, revised EPS to be in the range of $4.65 to $4.90 compared to previously expected EPS to be in the range of $4.55 to $4.80. GAAP operating income to be in the range of $134,700,000 to $145,700,00. GAAP net income to be in the range of $79,300,000 to $87,200,00. Announcement • Apr 03
CSG Systems International, Inc., Annual General Meeting, May 14, 2025 CSG Systems International, Inc., Annual General Meeting, May 14, 2025. Location: virtualshareholdermeeting.com/csgs2025, United States Announcement • Jan 22
CSG Announces Board Changes, Effective May 14, 2025 CSG announced as part of the Board of Directors’ long-term succession planning process that Ron Cooper, the current Board Chair, will step down from the role at the end of his term on May 14, 2025. Marwan Fawaz, a current board member and industry veteran, has been selected by the Board to succeed Mr. Cooper as Chair following the May 2025 Annual Shareholders Meeting. Mr. Fawaz has served as a CSG Board Member since 2016. A 25+ year technology, media and telecommunications industry veteran, he served as Executive Advisor at Google and Alphabet, was the CEO at Nest and Google/Motorola Home and served in executive positions at Charter Communications, Adelphia Communications and MediaOne. Additionally, Mr. Fawaz serves on the board of NRG Energy and Ubicquia Incorporated. Since joining the CSG Board of Directors in 2006, Mr. Cooper has overseen the company’s successful revenue growth from approximately $380 million in annual revenue to nearly $1.2 billion in 2023. Further, Mr. Cooper has been instrumental in furthering a board culture of diversity and continued refreshment to ensure board member skills and experience align with the company’s future strategic direction. Announcement • Nov 20
CSG Systems International Approves Quarterly Dividend, Payable on January 3, 2025 CSG Systems International announced that its Board of Directors approved the Company’s quarterly cash dividend payment of $0.30 per share of common stock to be paid on January 3, 2025 for shareholders of record as of the close of business on December 18, 2024. Announcement • Nov 12
CSG Appoints Saurabh Joshi as New President of Payments CSG named payments veteran Saurabh Joshi its new president of Payments. His appointment adds deep payments and fintech expertise that has helped large and small companies achieve more than they thought possible in the global market by creating a shared vision that puts the customer first. Joshi will be responsible for overseeing CSG’s Payments portfolio, CSG Forte, including the strategic vision, product innovation, revenue growth, business development and operational improvements. Joshi brings over 20 years of experience in technology, revenue management and strategy functions across payments, fintech and e-commerce. He most recently served as North America's senior vice president and general manager at Western Union. Before that, he held senior leadership roles at Better Mortgages, PayPal Inc., Rocket Internet and Goldman Sachs, where he led transformational strategies that drove revenue and margin growth, boosted customer loyalty and improved operational excellence. Joshi received his MBA from The Wharton School at the University of Pennsylvania and graduated from Baruch College with a master’s in finance, from the New Jersey Institute of Technology with a master’s in computer and information sciences and from the University of Mumbai with a bachelor’s in computer software engineering. Reported Earnings • Nov 07
Third quarter 2024 earnings released: EPS: US$0.67 (vs US$0.62 in 3Q 2023) Third quarter 2024 results: EPS: US$0.67 (up from US$0.62 in 3Q 2023). Revenue: US$295.1m (up 2.9% from 3Q 2023). Net income: US$19.1m (up 2.1% from 3Q 2023). Profit margin: 6.5% (in line with 3Q 2023). Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Professional Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 09
Upcoming dividend of US$0.30 per share Eligible shareholders must have bought the stock before 13 September 2024. Payment date: 27 September 2024. Payout ratio is a comfortable 52% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (4.9%). Higher than average of industry peers (2.3%). Declared Dividend • Aug 26
Second quarter dividend of US$0.30 announced Shareholders will receive a dividend of US$0.30. Ex-date: 13th September 2024 Payment date: 27th September 2024 Dividend yield will be 2.7%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (52% earnings payout ratio) and cash flows (35% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 44% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Aug 22
CSG Systems International, Inc. Approves Quarterly Cash Dividend, Payable on September 27, 2024 CSG Systems International, Inc. announced that its Board of Directors approved the Company’s quarterly cash dividend payment of $0.30 per share of common stock to be paid on September 27, 2024 for shareholders of record as of the close of business on September 13, 2024. Reported Earnings • Aug 08
Second quarter 2024 earnings released: EPS: US$0.48 (vs US$0.46 in 2Q 2023) Second quarter 2024 results: EPS: US$0.48. Revenue: US$290.3m (up 1.4% from 2Q 2023). Net income: US$13.8m (flat on 2Q 2023). Profit margin: 4.8% (down from 4.9% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Professional Services industry in Europe. Upcoming Dividend • Jun 10
Upcoming dividend of US$0.30 per share Eligible shareholders must have bought the stock before 14 June 2024. Payment date: 27 June 2024. Payout ratio is a comfortable 52% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (4.6%). Higher than average of industry peers (2.3%). Announcement • Jun 05
CSG Systems International, Inc. (NasdaqGS:CSGS) acquired iCheckGateway.com LLC (iCG Pay) for $17 million. CSG Systems International, Inc. (NasdaqGS:CSGS) acquired iCheckGateway.com LLC (iCG Pay) for $17 million on June 3, 2024. CSG paid an upfront purchase price of $17 million. There are additional earn-out amounts tied to performance goals. iCG Pay reported a total revenue of approximately $9.5 million for 2023.
CSG Systems International, Inc. (NasdaqGS:CSGS) completed the acquisition of iCheckGateway.com LLC (iCG Pay) on June 3, 2024. Declared Dividend • May 27
First quarter dividend of US$0.30 announced Shareholders will receive a dividend of US$0.30. Ex-date: 14th June 2024 Payment date: 27th June 2024 Dividend yield will be 2.8%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (52% earnings payout ratio) and cash flows (54% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 35% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • May 02
First quarter 2024 earnings released: EPS: US$0.68 (vs US$0.69 in 1Q 2023) First quarter 2024 results: EPS: US$0.68 (down from US$0.69 in 1Q 2023). Revenue: US$295.1m (down 1.2% from 1Q 2023). Net income: US$19.5m (down 7.0% from 1Q 2023). Profit margin: 6.6% (down from 7.0% in 1Q 2023). Revenue is forecast to grow 1.4% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Professional Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 6% per year. Announcement • May 02
CSG Systems International, Inc. Reaffirms Financial Guidance for the Full Year of 2024 CSG Systems International, Inc. reaffirms financial guidance for the full year of 2024. For the period, the company expects revenue to be $1,200 million to $1,240 million. Announcement • Apr 02
CSG Systems International, Inc., Annual General Meeting, May 15, 2024 CSG Systems International, Inc., Annual General Meeting, May 15, 2024, at 08:00 Mountain Daylight. Agenda: To elect three Class III Directors; to approve, on an advisory basis, the compensation of our named executive officers; to ratify the appointment of KPMG LLP as our independent registered public accounting firm for fiscal 2024; and to transact any other business that properly comes before the meeting or any adjournment or postponement of the meeting. Upcoming Dividend • Mar 07
Upcoming dividend of US$0.30 per share Eligible shareholders must have bought the stock before 14 March 2024. Payment date: 28 March 2024. Payout ratio is a comfortable 51% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (5.1%). In line with average of industry peers (2.3%). Valuation Update With 7 Day Price Move • Feb 14
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €50.50, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 17x in the Professional Services industry in Europe. Total returns to shareholders of 39% over the past three years. Declared Dividend • Feb 12
Fourth quarter dividend of US$0.30 announced Shareholders will receive a dividend of US$0.30. Ex-date: 14th March 2024 Payment date: 28th March 2024 Dividend yield will be 2.2%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (51% earnings payout ratio) and cash flows (33% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 38% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 08
Full year 2023 earnings released: EPS: US$2.21 (vs US$1.42 in FY 2022) Full year 2023 results: EPS: US$2.21 (up from US$1.42 in FY 2022). Revenue: US$1.17b (up 7.3% from FY 2022). Net income: US$66.2m (up 50% from FY 2022). Profit margin: 5.7% (up from 4.0% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Professional Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 5% per year. Upcoming Dividend • Dec 05
Upcoming dividend of US$0.28 per share at 2.1% yield Eligible shareholders must have bought the stock before 12 December 2023. Payment date: 22 December 2023. Payout ratio is a comfortable 46% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (2.5%). Announcement • Nov 17
CSG Systems International Approves Quarterly Dividend, Payable on December 22, 2023 CSG Systems International announced that its Board of Directors approved the Company’s quarterly cash dividend payment of $0.28 per share of common stock to be paid on December 22, 2023 for shareholders of record as of the close of business on December 13, 2023. Reported Earnings • Nov 02
Third quarter 2023 earnings released: EPS: US$0.62 (vs US$0.40 in 3Q 2022) Third quarter 2023 results: EPS: US$0.62 (up from US$0.40 in 3Q 2022). Revenue: US$286.9m (up 5.0% from 3Q 2022). Net income: US$18.7m (up 50% from 3Q 2022). Profit margin: 6.5% (up from 4.6% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Professional Services industry in Europe. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Announcement • Nov 02
CSG Systems International, Inc. Provides Earnings Guidance for the Full Year 2023 CSG Systems International, Inc. provided earnings guidance for the full year 2023. For the year the company expected revenue of $1,150 million - $1,175 million; GAAP net income to be in the range of $66,200,000 to $71,200,000; and EPS of $2.19 to $2.35; and GAAP operating income of $124,200,000 to $131,400,000. Announcement • Oct 20
CSG Launches CSG Bill Explainer CSG launched CSG Bill Explainer, an AI-driven solution that enhances consumer bill comprehension with intuitive billing explanation. Designed specifically to anticipate and prevent bill shock, Bill Explainer taps the power of generative AI by leveraging Microsoft Azure OpenAI Service to personalize consumer bill insights across thousands of complex billing scenarios. Using Azure OpenAI's contextual, natural language abilities, Bill Explainer delivers proactive communications to help consumers easily understand what's changed in their bill so there are no surprises. Together with Microsoft, CSG is helping companies scalably call out the what and the why behind bill changes and create personalized experiences that reduce confusion for customers and increase long-term loyalty. CSG Bill Explainer empowers businesses to: Deflect Call Center Volumes with Improved Digital Experiences - Prevent bill-related calls with timely notifications and personalized, AI-driven insights into what's changed in a customer's bill and why, helping to increase positive consumer sentiment and decrease call center costs. Delivered across all devices - desktop, mobile and tablets - consumers get a seamless digital experience that puts an end to bill shock. Automate Billing Operations - Do more with customer interactions by automating data ingestion and detection of bill changes to deliver AI-driven, personalized communications that increase retention and successful payment through transparent billing explanations. Integrate and Scale Securely - Seamlessly connect existing billing stack and consolidate communications channels to reduce costs, backed by the data privacy and security of Azure OpenAI Service. CSG Bill Explainer offers a transformative approach to customer bill comprehension, enabling companies across telecommunications, financial services and healthcare to mitigate call center costs, enhance customer experiences and strengthen customer loyalty. With intelligent, generative AI technology and a comprehensive suite of capabilities, Bill Explainer is set to revolutionize the way businesses engage with their customers and create more seamless digital experiences. Upcoming Dividend • Sep 06
Upcoming dividend of US$0.28 per share at 2.1% yield Eligible shareholders must have bought the stock before 13 September 2023. Payment date: 28 September 2023. Payout ratio is a comfortable 49% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (2.6%). Announcement • Aug 31
CSG Systems International, Inc. Announces Management Changes CSG Systems International, Inc. announced that Ken Kennedy, Chief Operating Officer & President of Revenue Management & Digital Monetization, and Dave Schaaf, Chief Accounting Officer and Treasurer, will be departing CSG. Lori Szwanek will rejoin CSG as the next Chief Accounting Officer in September 2023. Ms. Szwanek brings over 30 years of accounting, finance and business experience, having most recently served as Chief Accounting Officer at Orion Advisor Solutions. Prior to that, she held a variety of roles over 25 years in CSG’s accounting function, including most recently as Global Controller. Mr. Kennedy has agreed to remain with the company in an advisory role through the end of 2023. Mr. Schaaf has agreed to remain with the company in an advisory role until April 1, 2024. Announcement • Aug 22
Csg Systems International Approves Quarterly Dividend, Payable on September 28, 2023 CSG announced that its Board of Directors approved the Company’s quarterly cash dividend payment of $0.28 per share of common stock to be paid on September 28, 2023 for shareholders of record as of the close of business on September 14, 2023. Reported Earnings • Aug 03
Second quarter 2023 earnings released: EPS: US$0.46 (vs US$0.17 in 2Q 2022) Second quarter 2023 results: EPS: US$0.46 (up from US$0.17 in 2Q 2022). Revenue: US$286.3m (up 9.2% from 2Q 2022). Net income: US$14.0m (up 162% from 2Q 2022). Profit margin: 4.9% (up from 2.0% in 2Q 2022). Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Professional Services industry in Europe. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Upcoming Dividend • Jun 08
Upcoming dividend of US$0.28 per share at 2.3% yield Eligible shareholders must have bought the stock before 15 June 2023. Payment date: 29 June 2023. Payout ratio is a comfortable 56% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (2.8%). Announcement • May 05
CSG Systems International, Inc. Reaffirms Earnings Guidance for the Full Year 2023 CSG Systems International, Inc. reaffirmed earnings guidance for the full year 2023. For the year, the company expected revenue of $1,130 million to $1,170 million. Reported Earnings • May 04
First quarter 2023 earnings released: EPS: US$0.69 (vs US$0.20 in 1Q 2022) First quarter 2023 results: EPS: US$0.69 (up from US$0.20 in 1Q 2022). Revenue: US$298.7m (up 13% from 1Q 2022). Net income: US$20.9m (up 242% from 1Q 2022). Profit margin: 7.0% (up from 2.3% in 1Q 2022). Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Professional Services industry in Europe. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Buying Opportunity • Mar 15
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 10%. The fair value is estimated to be €59.49, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.4% over the last 3 years. Earnings per share has declined by 19%. For the next 3 years, revenue is forecast to grow by 3.7% per annum. Earnings is also forecast to grow by 21% per annum over the same time period. Upcoming Dividend • Mar 09
Upcoming dividend of US$0.28 per share at 2.0% yield Eligible shareholders must have bought the stock before 16 March 2023. Payment date: 30 March 2023. Payout ratio is a comfortable 75% but the company is paying out more than the cash it is generating. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (1.6%). Reported Earnings • Feb 03
Full year 2022 earnings released: EPS: US$1.42 (vs US$2.28 in FY 2021) Full year 2022 results: EPS: US$1.42 (down from US$2.28 in FY 2021). Revenue: US$1.09b (up 4.1% from FY 2021). Net income: US$44.1m (down 39% from FY 2021). Profit margin: 4.0% (down from 6.9% in FY 2021). Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 10.0% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Upcoming Dividend • Dec 08
Upcoming dividend of US$0.27 per share Eligible shareholders must have bought the stock before 15 December 2022. Payment date: 29 December 2022. Payout ratio is on the higher end at 80%, and the cash payout ratio is above 100%. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (4.9%). In line with average of industry peers (1.8%). Board Change • Nov 16
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Director Rachel Barger was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Nov 05
CSG Systems International, Inc. Provides Earnings Guidance for the Full Year 2022 CSG Systems International, Inc. provided earnings guidance for the full year 2022. For the period, with this business momentum as a backdrop, the company reiterates its 2022 revenue, profitability, and EPS guidance targets that the company set at its last earnings call. The company expects full year 2022 financial results to meet or beat the top end on several key metrics. The company expects fiscal year 2022 revenue to reach near the midpoint of its original guidance for the year, which would be very good result in tough economic environment. Announcement • Nov 04
CSG Systems International, Inc. Provides Earnings Guidance for the Full Year 2023 CSG Systems International, Inc. provided earnings guidance for the full year 2023. For the period, the company expects organic revenue growth next year to be better than its 2022 performance and be at the midpoint of its 2% to 6% organic revenue growth ambitions. Reported Earnings • Nov 03
Third quarter 2022 earnings released: EPS: US$0.40 (vs US$0.51 in 3Q 2021) Third quarter 2022 results: EPS: US$0.40 (down from US$0.51 in 3Q 2021). Revenue: US$273.3m (up 3.8% from 3Q 2021). Net income: US$12.5m (down 23% from 3Q 2021). Profit margin: 4.6% (down from 6.1% in 3Q 2021). Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 10% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Upcoming Dividend • Sep 08
Upcoming dividend of US$0.27 per share Eligible shareholders must have bought the stock before 15 September 2022. Payment date: 29 September 2022. Payout ratio is a comfortable 72% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.7%). Announcement • Sep 07
CSG Systems International, Inc. Appoints Rachel A. Barger to Board of Directors and Also Serve on the Sustainability, Social Responsibility, and Governance Committee On September 6, 2022, CSG Systems International, Inc. (“CSG”) announced that it had appointed Rachel A. Barger as a new member of CSG’s Board of Directors (the “Board”), effective August 30, 2022. The By-Laws of CSG Systems International, Inc. provide for its Board to be divided into three classes, each having a three-year term. Ms. Barger will be a member of the Class II directors, with a term of office to continue until CSG’s next annual meeting of stockholders, currently anticipated to be held in May 2023. Ms. Barger will also serve on the Sustainability, Social Responsibility, and Governance Committee. Ms. Barger has been at Cisco Systems, Inc. since October 2020, and in May of 2022 was named Senior Vice President, Americas Sales responsible for overseeing the largest of the company’s three sales geographies with over 5,000 employees across 17 countries. She served as a President and Managing Director Southeast Asia, Chief Operating Officer APJ, and Regional VP of Sales at SAP from 2016 through 2020. Prior to these roles, Ms. Barger was a General Manager for the EMEA Region and a Vice President of Global Strategic Accounts at Lithium Technologies. She also held various senior positions for SAP Ariba from 2004–2013. Ms. Barger holds an M.B.A. from the Australian Graduate School of Management (UNSW) and a B.S. in chemical engineering from the University of Delaware. She is also a member of the Exceptional Women Foundation (EWA) and the acting Chief on the Advisory Board for the Singapore Management University School of Computing and Information Systems. Announcement • Aug 26
CSG Systems International, Inc. Approves Quarterly Cash Dividend, Payable on September 29, 2022 CSG Systems International, Inc. announced that its Board of Directors approved the Company's quarterly cash dividend payment of $0.265 per share of common stock to be paid on September 29, 2022 for shareholders of record as of the close of business on September 16, 2022. Reported Earnings • Aug 04
Second quarter 2022 earnings released: EPS: US$0.17 (vs US$0.61 in 2Q 2021) Second quarter 2022 results: EPS: US$0.17 (down from US$0.61 in 2Q 2021). Revenue: US$262.2m (up 2.8% from 2Q 2021). Net income: US$5.32m (down 73% from 2Q 2021). Profit margin: 2.0% (down from 7.6% in 2Q 2021). Over the next year, revenue is expected to shrink by 2.2% compared to a 16% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Announcement • Aug 04
CSG Systems International, Inc. Reaffirms Earnings Guidance for the Full Year of 2022 CSG Systems International, Inc. reaffirms earnings guidance for the full year of 2022. The company expects revenue of $1,070 million - $1,110 million and EPS of $1.53 - $1.77. GAAP net income is expected to be in the range of $48,200 million to $55,800 million. Upcoming Dividend • Jun 08
Upcoming dividend of US$0.27 per share Eligible shareholders must have bought the stock before 15 June 2022. Payment date: 29 June 2022. Payout ratio is a comfortable 55% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of German dividend payers (4.2%). Higher than average of industry peers (1.4%). Announcement • May 21
CSG Systems International Approves Quarterly Dividend, Payable on June 29, 2022 CSG announced that its Board of Directors approved the Company's quarterly cash dividend payment of $0.265 per share of common stock to be paid on June 29, 2022 for shareholders of record as of the close of business on June 16, 2022.