CSG Systems: 3Q Earnings Snapshot

October 30, 2019 GMT

GREENWOOD VILLAGE, Colo. (AP) _ CSG Systems International Inc. (CSGS) on Wednesday reported third-quarter profit of $21.6 million.

The Greenwood Village, Colorado-based company said it had profit of 66 cents per share. Earnings, adjusted for one-time gains and costs, came to 88 cents per share.

The provider of support services for the communications industry posted revenue of $251.4 million in the period.

CSG Systems expects full-year earnings in the range of $3.28 to $3.41 per share, with revenue in the range of $975 million to $995 million.

CSG Systems shares have risen 64% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $52.22, an increase of 52% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CSGS at https://www.zacks.com/ap/CSGS