NASDAQ$CSGS

CSG Systems International Inc · Q4 2024 earnings

Q4 2024 earnings · · After market close · Investor relations

Briefing

CSG Systems International reported record quarterly revenue and achieved or exceeded all profitability and cash flow guidance targets in Q4 2024.

CSG Systems International reported record quarterly revenue of $317 million in Q4 2024, marking a 7% year-over-year increase. The company achieved or exceeded all profitability and cash flow guidance targets for the full year 2024, with operating cash flow of $136 million and non-GAAP adjusted free cash flow of $113 million, up 9% year-over-year. The dividend payout is set to increase by 7% in 2025, marking the 12th consecutive year of increased payout.

  • Record quarterly revenue of $316.7 million in Q4 2024, up 7% year-over-year.
  • Achieved or exceeded all profitability and cash flow guidance targets for the full year 2024.
  • Full year 2024 operating cash flow of $136 million; non-GAAP adjusted free cash flow of $113 million, up 9% year-over-year.
  • Dividend payout increased 7% in 2025, marking the 12th consecutive year of increased payout.

Headline financials

Total Revenue

$317M

Previous: $297M+6.5%
EPS (adj)

$1.65

Previous: $0.92+79.3%
Operating Margin Percentage

13.4%

Previous: 8.3%+61.4%
Adjusted Operating Margin Percentage

20.1%

Previous: 16.1%+24.8%
Adjusted EBITDA

$71.9M

Previous: $59.3M+21.2%
Capital Expenditures

-$5.89M

Previous: -$5.04M-17.0%
Net Income

$34.5M

Previous: $12.7M+172.0%
Operating Income

$42.3M

Previous: $24.7M+70.9%
Gross Profit

$157M

Previous: $135M+16.3%
R&D Expense

$42M

No prior period

Revenue & EPS history

CSG Systems · Revenue · Quarterly

$317M

Q4 2024+6.5%vs Q4 2023
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

For fiscal year 2025, CSG anticipates revenue to grow to between $1.21 billion and $1.25 billion, with non-GAAP operating margins between 18.1% and 18.5%, and non-GAAP adjusted free cash flow of $110 million to $150 million.

Tailwinds

  • Anticipated revenue growth to between $1.21 billion and $1.25 billion.
  • Non-GAAP operating margins expected to be between 18.1% and 18.5%.
  • Non-GAAP adjusted free cash flow projected to be between $110 million and $150 million.
  • GAAP EPS guidance of $4.55 to $4.80.
  • Adjusted EBITDA guidance of $256 million to $267 million.

Headwinds

  • Potential impact of M&A deals on revenue not included in current guidance.
  • No specific negative guidance points were highlighted in the provided text for 2025.

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 2024

Historical avgQ4 2024

+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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