NASDAQ$CSGS

CSG Systems International Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

CSG grew revenue and surpassed $1 billion in annual revenue, issued growth-oriented 2022 financial guidance targets and boosted dividend.

CSG Systems International reported a 5.6% increase in revenue for the fourth quarter of 2021, reaching $275.0 million. The company's GAAP EPS was $0.54 and non-GAAP EPS was $0.83. They also renewed relationships with DISH and Charter Communications.

  • Total revenue increased by 5.6% to $275.0 million.
  • GAAP operating income was $27.9 million, representing 10.1% of total revenue.
  • GAAP earnings per diluted share (EPS) reached $0.54.
  • Cash flows from operations amounted to $51.9 million, with a non-GAAP free cash flow of $47.9 million.

Headline financials

Total Revenue

$275M

Previous: $260M+5.6%
EPS (adj)

$0.83

Previous: $0.90-7.8%
Capital Expenditures

$4.03M

Previous: $5.2M-22.4%
Free Cash Flow

$47.9M

Previous: $52.1M-8.1%
Net Income

$17.2M

Previous: $13.3M+30.0%
Operating Income

$27.9M

Previous: $23.7M+17.8%
Gross Profit

$133M

Previous: $125M+6.1%
Cash & Equivalents

$206M

Previous: $189M+9.0%
Total Assets

$1.39B

Previous: $1.33B+4.1%
Stock-Based Comp

$6.1M

Previous: $11.1M-45.3%

Revenue & EPS history

CSG Systems · Revenue · Quarterly

$275M

Q4 2021+5.6%vs Q4 2020
Beat estimate in 14 of 16 quarters(88%)
ActualEstimate

Revenue by segment

CSG Systems · $275M total across 3 segments · Q4 2021

  • Broadband/Cable/Satellite
    $151M
  • All other
    $68.8M
  • Telecommunications
    $55M

Forward guidance

CSG’s financial guidance for the full year 2022 is as follows: GAAP Measures: Revenue $1,070 - $1,110 million Non-GAAP Measures: Adjusted Revenue $1,000 - $1,033 million Adjusted Operating Margin Percentage 16.5% - 17.0% EPS $3.44 - $3.68 Adjusted EBITDA $225 - $236 million Free Cash Flow $115 - $125 million

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 Q4 2021

Historical avgQ4 2021

+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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