CSG Systems International (NASDAQ:CSGS) posted its quarterly earnings results on Wednesday. The technology company reported $0.62 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.65 by ($0.03), Briefing.com reports. The business had revenue of $205.20 million during the quarter, compared to analyst estimates of $199.21 million. CSG Systems International had a net margin of 7.57% and a return on equity of 22.11%. The company’s quarterly revenue was up 5.1% on a year-over-year basis. During the same period last year, the firm posted $0.57 earnings per share. CSG Systems International updated its FY18 guidance to $2.76-2.89 EPS.

Shares of CSG Systems International (NASDAQ:CSGS) traded up $2.12 during trading hours on Thursday, hitting $46.10. 179,983 shares of the stock were exchanged, compared to its average volume of 154,435. The firm has a market cap of $1,474.03, a price-to-earnings ratio of 25.72 and a beta of 1.00. CSG Systems International has a 12 month low of $35.48 and a 12 month high of $48.31. The company has a current ratio of 2.56, a quick ratio of 2.56 and a debt-to-equity ratio of 0.97.

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 29th. Stockholders of record on Wednesday, March 14th will be paid a $0.21 dividend. This is a positive change from CSG Systems International’s previous quarterly dividend of $0.20. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.82%. CSG Systems International’s dividend payout ratio is currently 44.13%.

In related news, CFO Randy Wiese sold 19,225 shares of the business’s stock in a transaction that occurred on Tuesday, December 5th. The shares were sold at an average price of $44.41, for a total value of $853,782.25. Following the sale, the chief financial officer now directly owns 103,506 shares in the company, valued at approximately $4,596,701.46. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Donald V. Smith sold 8,878 shares of the business’s stock in a transaction that occurred on Thursday, December 14th. The stock was sold at an average price of $44.23, for a total transaction of $392,673.94. Following the completion of the sale, the director now owns 20,000 shares in the company, valued at $884,600. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 37,500 shares of company stock valued at $1,667,195. Company insiders own 2.57% of the company’s stock.

A number of research analysts have issued reports on the stock. BidaskClub raised shares of CSG Systems International from a “sell” rating to a “hold” rating in a research note on Friday, December 22nd. Zacks Investment Research lowered shares of CSG Systems International from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 2nd. Finally, Stifel Nicolaus reaffirmed a “buy” rating and issued a $47.00 price target on shares of CSG Systems International in a research note on Friday, November 3rd.

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CSG Systems International Company Profile

CSG Systems International, Inc (CSG) is a provider of business support solutions primarily serving the communications industry. The Company provides business support solutions (BSS) to the communications service providers (CSPs), as well as clients in various industries. CSG’s solutions coordinate and manage various aspects of a service provider’s customer interactions, from the initial activation of customer accounts, to the support and fulfillment of various services, and through the calculation, presentment, and accounts receivables management of monthly customer statements.

Earnings History for CSG Systems International (NASDAQ:CSGS)

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