FX.co ★ CSG Systems International Inc Q3 Profit Increases, Inline With Estimates

CSG Systems International Inc (CSGS) announced an increase in profit for the third quarter, aligning with analysts' projections. The company's net income amounted to $19.1 million, or $0.67 per share, up from $18.7 million, or $0.62 per share, in the same quarter last year. When excluding special items, the adjusted earnings were $1.06 per share, meeting the average expectation of analysts polled by Thomson Reuters. Typically, analysts' forecasts exclude extraordinary items.

The company's revenue for the quarter experienced a 2.9% rise, reaching $295.1 million, compared to $286.9 million in the previous year.

Summary of CSG Systems International Inc's third quarter (GAAP):

- Net income: $19.1 million compared to $18.7 million last year.

- Earnings per share: $0.67, up from $0.62 in the previous year.

- Revenue: $295.1 million compared to $286.9 million the previous year.