News

ENGLEWOOD, COLO. (July 27, 2010) CSG Systems International, Inc. (Nasdaq: CSGS), a leading provider of customer interaction management and billing solutions, today reported results for the quarter ended June 30, 2010.

Key Financial Highlights:

• Results for the quarter ended June 30, 2010, were as follows:
  • Total revenues were $131.3 million, an increase of five percent over the same period in 2009.
  • Non-GAAP operating income was $25.4 million, or 19.3% of total revenues, and GAAP operating income was $14.8 million, or 11.2% of total revenues.
  • Non-GAAP earnings per diluted share (EPS) was $0.53, which includes a negative $0.03 impact as a result of a higher than expected tax rate. GAAP EPS was $0.35.
  • Cash flows from operations for the quarter were $24.4 million. 
• Subsequent to the quarter-end, CSG repurchased $23.2 million (par value) of its 2004 2.5% senior subordinated convertible contingent debt securities due 2024 for approximately $24 million.

"CSG continues to grow its revenues and expand the profitability of the business," said Peter Kalan, president and cheif executive officer for CSG Systems.  "Our clients' businesses are changing at a pace that this industry has not experienced in years. This can be attributed to competition, consumer choice and the need to simplify the complexity involved with delivering a broad and deep number of products and services to the end consumer.  These changes create opportunities for CSG to continue to partner with our clients to enable them to deliver a more robust and engaging customer experience which increases their customers' satisfaction and revenues."

For the full press release, please click on the .pdf file below.

For more information, please contact

Elise Brassell, elise_brassell@csgsystems.com
Senior PR Manager

Get the pdf