NASDAQ$CSGS

CSG Systems International Inc · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

CSG Systems' first quarter results for 2020 were reported, showing a slight increase in revenue and solid performance despite the impact of the pandemic.

CSG Systems reported solid first-quarter results with a slight increase in revenue compared to the previous year. The company's recurring contracts and resilient business model have positioned it well to weather the challenges posed by the pandemic. CSG is updating its financial guidance for the full year 2020.

  • Total revenue was $245.6 million; non-GAAP adjusted revenue was $227.3 million.
  • GAAP operating income was $33.2 million, 13.5% of total revenue; non-GAAP operating income was $42.2 million, 18.5% of non-GAAP adjusted revenue.
  • GAAP earnings per diluted share (EPS) was $0.66; non-GAAP EPS was $0.87.
  • Cash flows used in operations were ($7.2) million, with a non-GAAP free cash flow deficit of ($12.0) million.

Headline financials

Total Revenue

$246M

Previous: $245M+0.3%
EPS (adj)

$0.87

Previous: $0.82+6.1%
Operating Margin Percentage

13.5%

Previous: 13.1%+3.1%
Adjusted Operating Margin Percentage

18.5%

Previous: 18.1%+2.2%
Capital Expenditures

-$4.82M

Previous: -$8.29M+41.8%
Free Cash Flow

$16.7M

Previous: $11M+52.2%
Net Income

$21.5M

Previous: $19.3M+11.8%
Operating Income

$33.2M

Previous: $32.1M+3.3%
Gross Profit

$114M

Previous: $116M-1.2%
Cash & Equivalents

$108M

Previous: $124M-12.8%
Total Assets

$1.22B

Previous: $1.15B+6.7%
Stock-Based Comp

$4.86M

Previous: $3.69M+31.5%

Revenue & EPS history

CSG Systems · Revenue · Quarterly

$246M

Q1 2020+0.3%vs Q1 2019
Beat estimate in 12 of 16 quarters(75%)
ActualEstimate

Revenue by segment

CSG Systems · $262M total across 3 segments · Q2 2022

  • Broadband/Cable/Satellite
    $144M-2.6%
  • All other
    $68.2M+11.3%
  • Telecommunications
    $49.8M+8.5%

Forward guidance

CSG is updating its financial guidance for the full year 2020.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2020

Historical avgQ1 2020

+1.6%

Avg return

Earnings day

+1.2%

Avg return

5 days after

+2.2%

Avg return

30 days after

58%

38 / 66 earnings

Positive

+15.6%

Q2 2023

Best reaction

-19.0%

Q4 2016

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.0%+0.4%
Q4 2025+0.5%+0.3%+0.5%
Q3 2025-0.2%+0.2%-1.6%
Q2 2025+1.2%-1.3%+3.4%
Q1 2025+6.5%+6.9%+5.0%
Q4 2024+5.5%+2.3%+4.0%
Q3 2024+14.3%+14.9%+10.9%
Q2 2024+7.6%+6.4%+7.0%
Q1 2024-11.0%-9.2%-8.7%
Q4 2023+14.9%+17.8%+14.3%
Q3 2023+3.4%+7.4%+12.6%
Q2 2023+15.6%+5.9%+6.2%
Q1 2023-3.1%-5.0%-0.9%
Q4 2022+3.8%+1.9%-4.3%
Q3 2022-8.4%-7.0%-2.9%
Q2 2022-13.6%-13.3%-12.4%
Q1 2022-2.5%-4.4%+2.1%
Q4 2021+2.7%+1.0%+10.2%
Q3 2021+5.1%+6.8%+5.2%
Q2 2021+2.4%+1.8%+7.8%
Q1 2021-1.3%-0.9%-6.7%
Q4 2020-0.0%+1.2%+4.0%
Q3 2020+1.6%+6.6%+10.8%
Q2 2020-0.8%+1.5%-5.8%
Q1 2020-3.1%-3.2%+2.8%
Q4 2019-0.1%+0.6%-15.4%
Q3 2019+10.5%+9.6%+9.6%
Q2 2019+4.4%+2.7%+10.0%
Q1 2019+7.4%+6.0%+0.4%
Q4 2018+11.6%+11.7%+12.3%
Q3 2018+2.4%+4.0%-8.4%
Q2 2018-4.8%-5.3%-8.2%
Q1 2018-7.8%-10.4%-4.9%
Q4 2017+2.0%+1.6%+6.9%
Q3 2017+6.0%+4.2%+6.6%
Q2 2017-4.3%-7.2%-7.5%
Q1 2017+5.6%+3.9%+8.8%
Q4 2016-19.0%-18.8%-19.4%
Q3 2016+12.1%+6.3%+18.9%
Q2 2016+3.6%+1.6%+11.1%
Q1 2016-6.8%
Q4 2015+10.5%
Q3 2015+11.4%
Q2 2015+6.8%
Q1 2015+3.3%
Q4 2014+14.5%
Q3 2014-3.2%
Q2 2014+1.3%
Q1 2014-4.0%
Q4 2013-6.6%
Q3 2013+3.0%
Q2 2013+4.5%
Q1 2013-5.1%
Q4 2012+6.1%
Q3 2012-2.6%
Q2 2012+11.0%
Q1 2011+1.5%
Q1 2012+2.9%
Q4 2009-1.1%
Q4 2011-1.1%
Q3 2011-2.4%
Q3 2010-2.4%
Q2 2010-2.7%
Q4 2010-2.7%
Q2 2011-2.7%
Q1 2010+2.4%

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