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CSG Systems International (NASDAQ: CSGS) has announced that its Board of Directors has approved a quarterly cash dividend of $0.30 per share of common stock. This dividend will be paid on June 27, 2024, to shareholders who are recorded as of the close of business on June 14, 2024.
This dividend reflects the company's ongoing commitment to returning value to its shareholders.
CSG (NASDAQ: CSGS) has appointed finance veteran Samantha Greenberg to its board of directors. Greenberg's extensive experience in financial markets and capital allocation is expected to strengthen CSG’s governance and decision-making as the company strives for faster revenue growth and diversification. With a strong record in driving financial excellence and value creation, Greenberg currently serves as CFO at ID.me and has held significant roles in technology and financial sectors. Her background includes leadership positions at Mint House, Citadel, Margate Capital Management, and Paulson & Co.
Greenberg's education credentials include an MBA from Stanford and a B.S. in Economics from the Wharton School. She has received multiple industry accolades, including recognition from DCA Live, Stanford University, Ernst & Young, and Institutional Investor.
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.
