AP NEWS

CSG Systems: 4Q Earnings Snapshot

February 6, 2019

GREENWOOD VILLAGE, Colo. (AP) _ CSG Systems International Inc. (CSGS) on Wednesday reported fourth-quarter profit of $20.9 million.

The Greenwood Village, Colorado-based company said it had profit of 64 cents per share. Earnings, adjusted for one-time gains and costs, came to 95 cents per share.

The provider of support services for the communications industry posted revenue of $247.3 million in the period.

For the year, the company reported profit of $66.1 million, or $2.01 per share. Revenue was reported as $875.1 million.

CSG Systems expects full-year earnings in the range of $3.15 to $3.27 per share, with revenue in the range of $965 million to $995 million.

CSG Systems shares have increased 13 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $36.03, a fall of 18 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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