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CSG Systems: 1Q Earnings Snapshot

GREENWOOD VILLAGE, Colo. (AP) _ CSG Systems International Inc. (CSGS) on Wednesday reported first-quarter earnings of $19.3 million.

On a per-share basis, the Greenwood Village, Colorado-based company said it had profit of 59 cents. Earnings, adjusted for one-time gains and costs, were 82 cents per share.

The provider of support services for the communications industry posted revenue of $244.8 million in the period.

CSG Systems expects full-year earnings in the range of $3.15 to $3.31 per share, with revenue in the range of $965 million to $995 million.

CSG Systems shares have increased 40% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $44.62, a rise of slightly more than 2% 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