CSG SYSTEMS INTERNATIONAL Reports 9.2% Increase in Total Revenue for Q2 2023
August 15, 2023
☀️Earnings Overview
For the second quarter of the 2023 fiscal year ending June 30th, CSG SYSTEMS INTERNATIONAL ($NASDAQ:CSGS) reported total revenue of USD 286.3 million, a 9.2% year-on-year increase, as well as net income of USD 14.0 million, a 162.2% increase from the same period last year. The results were announced on August 2nd of 2023.
Analysis
GoodWhale has conducted an analysis of CSG SYSTEMS INTERNATIONAL’s overall wellbeing and has concluded that it is a low risk investment in both financial and business aspects. Through its comprehensive Risk Rating system, GoodWhale has determined that the company is a suitable investment. While GoodWhale has detected one risk warning in the balance sheet, this does not significantly change the overall risk rating for CSG SYSTEMS INTERNATIONAL. Those interested in learning more about the risk warning can register with GoodWhale to access detailed information. 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
Investors can be encouraged with the financial results of CSG Systems International for the second quarter ending June 30 2023. The company reported total revenue of USD 286.3 million, a 9.2% year-over-year increase, and net income of USD 14.0 million, a 162.2% increase year-over-year. These figures demonstrate strong growth in the company, indicating a positive outlook for the future. With these robust financials, analysts may consider investing in CSG Systems International for a potentially lucrative return.
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