CSG Systems International, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
February 07, 2024 at 04:01 pm EST
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CSG Systems International, Inc. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 297.32 million compared to USD 289.88 million a year ago. Net income was USD 12.67 million compared to USD 20.15 million a year ago. Basic earnings per share from continuing operations was USD 0.44 compared to USD 0.66 a year ago. Diluted earnings per share from continuing operations was USD 0.44 compared to USD 0.66 a year ago.
For the full year, sales was USD 1,169.26 million compared to USD 1,089.75 million a year ago. Net income was USD 66.25 million compared to USD 44.06 million a year ago. Basic earnings per share from continuing operations was USD 2.21 compared to USD 1.42 a year ago. Diluted earnings per share from continuing operations was USD 2.2 compared to USD 1.41 a year ago.
CSG Systems International, Inc. is a software-as-a-service (SaaS) platform company. The Company provides revenue management, digital monetization, customer experience, and payments solutions. The Company offers integrated real-time revenue management platforms leveraging public cloud, private cloud, or on-premises deployments to optimize and monetize transactions at every stage of the customer lifecycle. The Companyâs products are used in the areas of 5G/internet of things (IOT) monetization, financial services, technology, telecom, field service management, operations support systems/business support systems (OSS/BSS), journey orchestration, journey analytics, customer experience, and integrated payments. The Company offers operational services encompassing infrastructure management, including hardware, application, and environmental management and application configuration management, including configuration development, release, and deployment.