AP NEWS

CSG Systems: 2Q Earnings Snapshot

August 1, 2018

GREENWOOD VILLAGE, Colo. (AP) _ CSG Systems International Inc. (CSGS) on Wednesday reported second-quarter profit of $15.1 million.

The Greenwood Village, Colorado-based company said it had profit of 46 cents per share. Earnings, adjusted for stock option expense and restructuring costs, came to 73 cents per share.

The provider of support services for the communications industry posted revenue of $213 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 $845 million to $865 million.

CSG Systems shares have fallen slightly more than 7 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $40.63, a fall of nearly 3 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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