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CSG Systems: 3Q Earnings Snapshot

·1 min read

GREENWOOD VILLAGE, Colo. (AP) _ CSG Systems International Inc. (CSGS) on Wednesday reported third-quarter earnings of $13.6 million.

The Greenwood Village, Colorado-based company said it had profit of 42 cents per share. Earnings, adjusted for stock option expense and amortization costs, were 76 cents per share.

The provider of support services for the communications industry posted revenue of $244.1 million in the period. Its adjusted revenue was $227.7 million.

CSG Systems expects full-year earnings in the range of $2.87 to $3.10 per share, with revenue in the range of $891 million to $924 million.

CSG Systems shares have decreased 24% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $39.38, a decrease of 31% in the last 12 months.

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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