CSG Systems International (NASDAQ:CSGS – Get Free Report) issued its quarterly earnings data on Wednesday. The technology company reported $1.02 EPS for the quarter, beating the consensus estimate of $0.91 by $0.11, Briefing.com reports. CSG Systems International had a net margin of 5.56% and a return on equity of 28.77%. The firm had revenue of $290.30 million during the quarter, compared to the consensus estimate of $269.60 million. During the same period in the prior year, the firm posted $0.61 earnings per share. The company’s quarterly revenue was up 1.4% compared to the same quarter last year. CSG Systems International updated its FY24 guidance to $4.05-4.35 EPS and its FY 2024 guidance to 4.050-4.350 EPS.
CSG Systems International Stock Down 0.1 %
Shares of NASDAQ CSGS traded down $0.05 on Friday, reaching $46.87. 218,802 shares of the company’s stock traded hands, compared to its average volume of 291,521. CSG Systems International has a 12 month low of $39.56 and a 12 month high of $56.15. The business’s 50 day simple moving average is $42.44 and its two-hundred day simple moving average is $46.73. The company has a market cap of $1.39 billion, a price-to-earnings ratio of 21.40, a price-to-earnings-growth ratio of 1.39 and a beta of 0.81. The company has a quick ratio of 1.74, a current ratio of 1.74 and a debt-to-equity ratio of 1.98.
CSG Systems International Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, June 27th. Shareholders of record on Friday, June 14th were paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.56%. The ex-dividend date of this dividend was Friday, June 14th. CSG Systems International’s dividend payout ratio is 54.79%.
Analyst Upgrades and Downgrades
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CSG Systems International Company Profile
CSG Systems International, Inc, together with its subsidiaries, provides revenue management and digital monetization, customer experience, and payment solutions primarily to the communications industry in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It offers Advanced Convergent Platform, a private SaaS platform; and related solutions, including service technician management, analytics, electronic bill presentment, etc.
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