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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.

CSG Systems International, Inc. (NASDAQ: CSGS) is a leading provider of business support solutions and services, catering to a majority of the top 100 global communications service providers. These include industry giants such as AT&T, Comcast, Dish Network, France Telecom, Orange, T-Mobile, Telefonica, Time Warner Cable, Vodafone, Vivo, and Verizon.

For over 25 years, CSG Systems International has been at the forefront of offering comprehensive solutions in voice, video, data, and content services. Their portfolio encompasses a wide range of licensed and Software-as-a-Service (SaaS) products designed to help clients improve business operations, compete more effectively, and enhance customer experiences. The company's cloud-first architecture and customer-centric approach enable businesses to deliver exceptional experiences across multiple touchpoints, simplifying connections and transactions for B2B, B2C, and B2B2X customers.

CSG Systems International operates in one primary segment: Solutions and Services. Their expertise spans various industry verticals, allowing them to tackle the growing complexity of business in the digital age. The company generates a significant portion of its revenue from the Americas, primarily the United States.

Recent achievements include numerous partnerships with leading global communications providers and continuous innovation in their SaaS offerings. These advancements have positioned CSG Systems International as a vital player in helping businesses navigate the evolving digital landscape.

For more information, visit CSG Systems International.

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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.

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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.
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CSG (CSGS) releases 2023 Global Impact Report showcasing commitment to sustainability and social impact
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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.
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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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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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CSG (NASDAQ: CSGS) to present at Citizens JMP’s Technology Conference in San Francisco. John Rea to provide company overview.
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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.
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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.
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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%.
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FAQ

What is the current stock price of CSG Systems International (CSGS)?

The current stock price of CSG Systems International (CSGS) is $51.67 as of December 24, 2024.

What is the market cap of CSG Systems International (CSGS)?

The market cap of CSG Systems International (CSGS) is approximately 1.5B.

What does CSG Systems International, Inc. do?

CSG Systems International provides business support solutions and services to global communications service providers, including voice, video, data, and content services.

Which companies does CSG Systems International serve?

CSG serves major global communications providers like AT&T, Comcast, Dish Network, France Telecom, Orange, T-Mobile, Telefonica, Time Warner Cable, Vodafone, Vivo, and Verizon.

What type of products and solutions does CSG offer?

CSG offers a broad portfolio of licensed and SaaS-based products designed to improve business operations, enhance customer experiences, and help clients compete more effectively.

How long has CSG Systems International been in business?

CSG Systems International has over 25 years of experience in providing business support solutions and services.

What is the primary segment in which CSG operates?

CSG operates in the Solutions and Services segment.

Which regions generate the most revenue for CSG?

CSG generates a significant portion of its revenue from the Americas, primarily the United States.

What recent achievements has CSG Systems International made?

Recent achievements include partnerships with leading global communications providers and continuous innovation in their SaaS offerings.

How does CSG's cloud-first architecture benefit clients?

CSG's cloud-first architecture enables businesses to deliver exceptional experiences across multiple touchpoints, simplifying connections and transactions for B2B, B2C, and B2B2X customers.

Where can I find more information about CSG Systems International?

For more information, visit CSG Systems International's website at http://www.csgi.com.

What industries does CSG cater to?

CSG caters to a variety of industry verticals, helping businesses tackle the growing complexity of operations in the digital age.

CSG Systems International

Nasdaq:CSGS

CSGS Rankings

CSGS Stock Data

1.50B
27.83M
4.09%
103.64%
7.31%
Software - Infrastructure
Services-computer Processing & Data Preparation
Link
United States of America
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