CSG SYSTEMS INTERNATIONAL Reports 9.2% Increase in Quarter Ending June 30 2023, Total Revenue of USD 286.3 million
August 8, 2023
☀️Earnings Overview
For the quarter ending June 30, 2023, CSG SYSTEMS INTERNATIONAL ($NASDAQ:CSGS) reported total revenue of USD 286.3 million, representing a 9.2% growth compared to the same quarter of the prior year. Net income for the quarter was USD 14.0 million, a strong increase of 162.2% year-over-year.
Analysis
GoodWhale’s analysis of CSG SYSTEMS INTERNATIONAL’s financials has classified the company as a ‘rhino’, indicating moderate revenue or earnings growth. This data indicates that investors looking for moderate growth may be interested in the company. CSG SYSTEMS INTERNATIONAL has a high health score of 8/10, and is capable to sustain future operations in times of crisis. This score is based on the company’s cashflows and debt, indicating good financial health. The company is strong in dividend, profitability, and medium in asset, growth. All these factors make CSG SYSTEMS INTERNATIONAL an attractive option for investors seeking moderate growth and a secure future. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for CSGS. More…
| Total Revenues | Net Income | Net Margin |
| 1.15k | 67.51 | 7.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for CSGS. More…
| Operations | Investing | Financing |
| 104.64 | -32.5 | -95.04 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for CSGS. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.29k | 909.76 | 12.07 |
Key Ratios Snapshot
Some of the financial key ratios for CSGS are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 5.0% | 5.1% | 10.6% |
| FCF Margin | ROE | ROA |
| 6.2% | 20.2% | 5.9% |
Peers
The company operates in two segments, CSG International and CSG Telco. CSG International provides software and services to the cable, satellite, and telecommunications industries, while CSG Telco provides software and services to the telecommunications industry. The company was founded in 1975 and is headquartered in Denver, Colorado. Model N Inc is a provider of cloud-based revenue management solutions for the life sciences and technology industries. The company was founded in 1999 and is headquartered in Redwood Shores, California. Bandwidth Inc is a provider of communication services. The company offers VoIP telephone services, text messaging services, and email services. Bandwidth was founded in 1999 and is headquartered in Raleigh, North Carolina. Amdocs Ltd is a provider of customer experience systems. The company offers software and services for the telecommunications, media, and entertainment industries. Amdocs was founded in 1988 and is headquartered in Chesterfield, Missouri.
– Model N Inc ($NYSE:MODN)
N Inc is a publicly traded company that provides a 3D platform for designing, manufacturing, and selling products. The company’s software and hardware products are used by professionals in a variety of industries, including automotive, aerospace, medical, and consumer products. N Inc’s market cap is 1.3B as of 2022. The company’s ROE is -4.81%.
– Bandwidth Inc ($NASDAQ:BAND)
Bandwidth Inc is a communications company that provides VoIP services to businesses and consumers. The company has a market cap of 435.33M as of 2022 and a Return on Equity of -3.77%. Bandwidth Inc offers a variety of VoIP services including VoIP phone service, VoIP business phone service, and VoIP residential phone service. The company also offers a variety of other services such as VoIP call center services, VoIP conferencing services, and VoIP email services.
– Amdocs Ltd ($NASDAQ:DOX)
Amdocs Ltd is a leading global provider of services and solutions to the telecommunications and media industry. The company has a market cap of 9.95B as of 2022 and a return on equity of 15.59%. Amdocs provides a wide range of services, including customer relationship management, billing and payments, network operations, digital experience, and more. The company serves more than 500 communications and media service providers in over 100 countries.
Summary
CSG Systems International has seen a positive return on investment in the quarter ending June 30 2023. Total revenue increased by 9.2%, while net income rose by an impressive 162.2%. This indicates that the company is generating strong returns for its investors.
Looking ahead, investors may want to consider CSG Systems International as an attractive option in terms of risk and potential returns. It appears that the company’s strategic investments and operational efficiency are paying off, which should be taken into consideration when assessing the stock’s potential.
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