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CSG Systems posts 1Q profit

ENGLEWOOD, Colo. (AP) _ CSG Systems International Inc. (CSGS) on Wednesday reported first-quarter net income of $20.2 million.

On a per-share basis, the Englewood, Colorado-based company said it had net income of 62 cents.

The provider of support services for the communications industry posted revenue of $192.5 million in the period.

CSG Systems expects full-year earnings in the range of $2.45 to $2.59 per share, with revenue in the range of $765 million to $785 million.

CSG Systems shares have fallen 25 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $36.19, a fall of 18 percent 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


Keywords: CSG Systems, Earnings Report