NASDAQ$CSGS

CSG Systems International Inc · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

Reported strong revenue growth and margin improvement.

CSG Systems International reported a 5.4% increase in total revenue for Q4 2022, reaching $289.9 million. GAAP EPS was $0.66 and non-GAAP EPS was $0.84. The company returned over $120 million to shareholders in 2022 and increased its dividend payout by 6% for 2023.

  • Total revenue increased by 5.4% to $289.9 million.
  • GAAP EPS was $0.66 and non-GAAP EPS was $0.84.
  • GAAP operating income was $35.1 million, with a 12.1% operating margin.
  • Returned over $120 million to shareholders in 2022, including repurchasing 1.5 million shares.

Headline financials

Total Revenue

$290M

Previous: $275M+5.4%
EPS (adj)

$0.84

Previous: $0.83+1.2%
Capital Expenditures

$5.43M

Previous: $4.03M+34.6%
Free Cash Flow

$48.6M

Previous: $47.9M+1.5%
Net Income

$20.1M

Previous: $17.2M+16.8%
Operating Income

$35.1M

Previous: $27.9M+25.8%
Gross Profit

$140M

Previous: $133M+5.1%
Cash & Equivalents

$150M

Previous: $206M-26.9%
Total Assets

$1.35B

Previous: $1.39B-2.8%
Stock-Based Comp

$6.47M

Previous: $6.1M+6.1%

Revenue & EPS history

CSG Systems · Revenue · Quarterly

$290M

Q4 2022+5.4%vs Q4 2021
Beat estimate in 15 of 16 quarters(94%)
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 anticipates accelerating revenue growth in 2023 coupled with non-GAAP adjusted operating margins in the range of 16.5% to 17.0%.

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 2022

Historical avgQ4 2022

+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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