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CSG Systems: 2Q Earnings Snapshot

August 7, 2019

GREENWOOD VILLAGE, Colo. (AP) _ CSG Systems International Inc. (CSGS) on Wednesday reported second-quarter net income of $19.4 million.

On a per-share basis, the Greenwood Village, Colorado-based company said it had profit of 60 cents. Earnings, adjusted for one-time gains and costs, were 85 cents per share.

The provider of support services for the communications industry posted revenue of $245.9 million in the period.

CSG Systems expects full-year earnings in the range of $3.15 to $3.31 per share, with revenue in the range of $965 million to $995 million.

CSG Systems shares have increased 53% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $48.46, a climb of 25% in the last 12 months.


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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