CSG Systems International Inc Reports 40% Increase In Q3 Earnings

(RTTNews) - CSG Systems International Inc (CSGS) revealed earnings for its third quarter that advanced from last year.

The company said its bottom line advanced to $38.80 million, or $0.72 per share. This was up from $27.63 million, or $0.49 per share, in last year's third quarter.

Analysts had expected the company to earn $0.59 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 1.1% to $186.96 million. This was up from $185.00 million last year.

CSG Systems International Inc earnings at a glance:

-Earnings (Q3): $38.80 Mln. vs. $27.63 Mln. last year. -Earnings Growth (Y-o-Y): 40.4% -EPS (Q3): $0.72 vs. $0.49 last year. -EPS Growth (Y-o-Y): 46.9% -Analysts Estimate: $0.59 -Revenue (Q3): $186.96 Mln vs. $185.00 Mln last year. -Revenue Change (Y-o-Y): 1.1%

-Guidance: Full year EPS guidance: $2.50 - $2.60 Full year revenue guidance: $745 - $755 Mln