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CSG Systems International Inc Q1 adjusted earnings Beat Estimates

CSG Systems International Inc (CSGS) released earnings for first quarter that decreased from the same period last year.

The company's earnings came in at $14.01 million, or $0.42 per share. This compares with $20.24 million, or $0.62 per share, in last year's first quarter.

Excluding items, CSG Systems International Inc reported adjusted earnings of $22.77 million or $0.69 per share for the period.

Analysts had expected the company to earn $0.67 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 4.8% to $201.70 million from $192.47 million last year.

CSG Systems International Inc earnings at a glance:

-Earnings (Q1): $22.77 Mln. vs. $20.28 Mln. last year.
-EPS (Q1): $0.69 vs. $0.62 last year.
-Analysts Estimate: $0.67
-Revenue (Q1): $201.70 Mln vs. $192.47 Mln last year.

Full year EPS guidance: $2.81 - $2.93
Full year revenue guidance: $845 - $865 Mln

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