AP NEWS

CSG Systems: 3Q Earnings Snapshot

November 7, 2018

GREENWOOD VILLAGE, Colo. (AP) _ CSG Systems International Inc. (CSGS) on Wednesday reported third-quarter earnings of $16.1 million.

On a per-share basis, the Greenwood Village, Colorado-based company said it had net income of 49 cents. Earnings, adjusted for one-time gains and costs, were 70 cents per share.

The provider of support services for the communications industry posted revenue of $213.1 million in the period.

CSG Systems expects full-year earnings in the range of $2.81 to $2.93 per share, with revenue in the range of $865 million to $875 million.

CSG Systems shares have fallen 18 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $35.93, a drop of 17 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CSGS at https://www.zacks.com/ap/CSGS

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