Published on 2 Nov 2023 on GuruFocus.com via Yahoo Finance
CSGS reports a 9.0% YoY organic revenue growth, marking the company's best YTD results in nearly two decades.The company repurchased $107 million of shares in Q3, the most quarterly share repurchases since Q3 2007.CSGS successfully executed a $425 million convertible debt raise in Q3.GAAP EPS was $0.62 and non-GAAP EPS was $0.92.
CSG Systems International Inc (NASDAQ:CSGS) released its Q3 2023 earnings report on November 1, 2023, showcasing a strong financial performance with a 9.0% YoY organic revenue growth. The company's total revenue for the quarter was $286.9 million, marking a 5.0% increase compared to the same period in 2022.
Financial Performance