Stock Analysis
- United States
- /
- Professional Services
- /
- NasdaqGS:CSGS
CSG Systems International First Quarter 2024 Earnings: EPS Beats Expectations
CSG Systems International (NASDAQ:CSGS) First Quarter 2024 Results
Key Financial Results
- 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).
- EPS: US$0.68 (down from US$0.69 in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
CSG Systems International EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.5%.
Looking ahead, revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Professional Services industry in the US.
Performance of the American Professional Services industry.
The company's shares are down 13% from a week ago.
Risk Analysis
We should say that we've discovered 1 warning sign for CSG Systems International that you should be aware of before investing here.
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About NasdaqGS:CSGS
CSG Systems International
Provides revenue management and digital monetization, customer experience, and payment solutions primarily to the communications industry in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.
Very undervalued established dividend payer.