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CSG Systems International - $CSGS STOCK NEWS

Welcome to our dedicated page for CSG Systems International news (Ticker: $CSGS), a resource for investors and traders seeking the latest updates and insights on CSG Systems International stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect CSG Systems International's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of CSG Systems International's position in the market.

Rhea-AI Summary

CSG Systems International reported its first quarter 2024 results, with total revenue at $295.1 million and GAAP operating income at $31.8 million. Non-GAAP operating income was $44.9 million, with GAAP EPS at $0.68 and non-GAAP EPS at $1.01. CSG confirmed all 2024 financial guidance targets, with 30% of revenue now coming from industry verticals outside CSPs. The company returned over $160 million to shareholders in the last twelve months, including $19 million in Q1.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.25%
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Rhea-AI Summary
CSG's Mike Woods, Executive Vice President and President of North America Communications, Media and Technology, has been honored in the 2024 Cablefax 100 List for his strategic leadership and commitment to excellence. Under his guidance, CSG achieved $1.17B in revenue in 2023, marking its best annual results in nearly two decades. Woods' customer-first approach and innovative SaaS technologies help operators future-proof their businesses, reduce operating costs, and enhance digital customer experiences.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.29%
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none
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Rhea-AI Summary
CSG (CSGS) releases 2023 Global Impact Report showcasing commitment to sustainability and social impact
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End-of-Day
-1.58%
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Rhea-AI Summary
CSG (NASDAQ: CSGS) announces a conference call to discuss first-quarter earnings results with President Brian Shepherd and CFO Hai Tran on May 1, 2024, at 5:00 p.m. ET.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.23%
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Rhea-AI Summary
CSG Releases 2024 State of the Customer Experience Report, emphasizing the importance of digital intelligence and data-driven approaches in CX strategies to drive long-term loyalty and ROI.
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Rhea-AI Sentiment
End-of-Day
-0.13%
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Rhea-AI Summary
CSG partners with Banglalink to provide wholesale billing and settlement solutions, highlighting CSG's leadership in Asia-Pacific. The collaboration aims to enhance customer experiences and operational efficiency for Banglalink, positioning them for future growth opportunities in the dynamic telecom market.
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Rhea-AI Sentiment
End-of-Day
-1.22%
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none
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CSG (NASDAQ: CSGS) to present at Citizens JMP’s Technology Conference in San Francisco. John Rea to provide company overview.
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Rhea-AI Sentiment
End-of-Day
3%
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Rhea-AI Summary
CSG Forte recognized by TSG for 'Lowest Minute Outage' in North America, leading in credit card transaction performance. The award highlights CSG's platform stability and performance crucial for over 114,000 merchants. TSG's Global Experience Monitoring platform validates CSG's top position based on real-world data and experiences.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.88%
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Rhea-AI Summary
CSG® (NASDAQ: CSGS) has announced a 7% increase in its quarterly cash dividend payment, with the new quarterly payment amount set at $0.30 per share of common stock. The dividend will be paid on March 28, 2024, for shareholders of record as of March 15, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
15.06%
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dividends
Rhea-AI Summary
CSG (NASDAQ: CSGS) reported strong financial results for Q4 2023, with total revenue of $297.3 million and full-year revenue of $1.17 billion. The company achieved 7.3% YoY organic revenue growth and increased the dividend payout by 7% in 2024. CSG also returned over $150 million to shareholders in 2023, including $117 million of share repurchases. The non-GAAP adjusted operating margin improved from 16.6% in 2022 to 17.2% in 2023, and non-GAAP EPS increased from $3.61 in 2022 to $3.69 in 2023. CSG's financial guidance for 2024 includes mid-single-digit organic revenue growth, resulting in revenue between $1.2 and $1.24 billion, with non-GAAP adjusted operating margins in the range of 17.0% to 17.4%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
15.06%
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CSG Systems International

Nasdaq:CSGS

CSGS Rankings

CSGS Stock Data

1.24B
26.90M
3.98%
106.72%
11.81%
Data Processing, Hosting, and Related Services
Information
Link
United States of America
ENGLEWOOD

About CSGS

csg systems international, inc. (nasdaq: csgs) is a market-leading business support solutions and services company serving the majority of the top 100 global communications service providers, including leaders in fixed, mobile and next-generation networks such as at&t, comcast, dish network, france telecom, orange, t-mobile, telefonica, time warner cable, vodafone, vivo and verizon. with over 25 years of experience and expertise in voice, video, data and content services, csg international offers a broad portfolio of licensed and software-as-a-service (saas)-based products and solutions that help clients compete more effectively, improve business operations and deliver a more impactful customer experience across a variety of touch points. for more information, visit our website at http://www.csgi.com.