Csquare (NYSE:CSQR) Posts Earnings Results, Misses Expectations By $0.09 EPS

Csquare (NYSE:CSQR) posted its quarterly earnings data on Monday. The company reported ($0.58) EPS for the quarter, missing the consensus estimate of ($0.49) by ($0.09), FiscalAI reports. The company had revenue of $302.33 million for the quarter. During the same quarter last year, the firm posted ($0.29) earnings per share. The business’s revenue for the quarter was up 25.6% on a year-over-year basis.

Here are the key takeaways from Csquare’s conference call:

• Revenue rose 25.6% year over year to $302.3 million, while adjusted EBITDA increased 44.3% to $132.1 million and its margin expanded to 47.8%. The company expects full-year revenue of $1.14 billion–$1.16 billion and adjusted EBITDA of $490 million–$500 million.
• Annualized bookings reached $66.1 million, the 14th consecutive quarter of sequential growth, and annualized revenue backlog grew to about $114 million. About $104 million is expected to commence over the next 12 months, providing visibility into future revenue.
• Pricing remained strong, with renewal spreads at 17%—though management said the rate excluding a significant large-customer renewal was about 8%—and net revenue churn was 1.9%. Management expects pricing to remain favorable, citing customer demand and legacy contracts still below market rates.
• Leverage was approximately 8.4x, above the company’s 6x–7x target, and planned full-year growth CapEx is $620 million–$640 million. The quarter also included a GAAP net loss of $88.1 million, driven largely by IPO-related and compensation costs; management says backlog conversion and EBITDA growth should support deleveraging.

Csquare Price Performance

Shares of NYSE:CSQR opened at $17.43 on Tuesday. The company has a 50-day simple moving average of $16.68. Csquare has a one year low of $12.30 and a one year high of $23.50.

Key Stories Impacting Csquare

Here are the key news stories impacting Csquare this week:

• Positive Sentiment: Q3 revenue rose 25.6% year over year to $302.3 million, topping the $287.1 million estimate. Csquare also reported record bookings of $66.1 million, its 14th consecutive quarter of sequential bookings growth. Csquare Reports Third Quarter 2026 Results and Business Highlights
• Positive Sentiment: The company guided to FY 2026 revenue of $1.1 billion–$1.2 billion, with the low end in line with consensus and the high end above it. Csquare Q3 and Nine-Month Results
• Neutral Sentiment: Operating cash flow was positive at $69.7 million, but cash was $34.7 million at quarter-end and capital spending was substantial at $164.6 million. Csquare Q3 Earnings: Revenue Growth but EPS Miss
• Negative Sentiment: EPS of -$0.58 missed the -$0.49 consensus estimate, and the net loss attributable to common shareholders widened to $88.1 million. The EPS loss also worsened from -$0.29 a year earlier. Csquare Q3 and Nine-Month Results

Analyst Ratings Changes

CSQR has been the subject of a number of recent analyst reports. Scotiabank upgraded shares of Csquare to a “strong-buy” rating in a research note on Wednesday, August 19th. Bank of America reaffirmed a “buy” rating on shares of Csquare in a research note on Tuesday. Weiss Ratings initiated coverage on Csquare in a research report on Monday, October 12th. They issued a “sell (d)” rating on the stock. Royal Bank Of Canada began coverage on Csquare in a report on Monday, August 10th. They set an “outperform” rating and a $24.00 price target on the stock. Finally, Sanford C. Bernstein started coverage on Csquare in a research report on Monday, August 10th. They issued an “outperform” rating and a $27.00 target price on the stock. Three analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $28.44.

Csquare Company Profile

Csquare Inc is a provider of carrier-neutral data center solutions. The company’s digital infrastructure platform offers carrier-neutral colocation and interconnection services which support the applications. Csquare Inc is based in COPPELL, Texas.