CSGS Reports Q4 Earnings: $1.53 PS, Surpasses Estimates

CSGS (CSGS) reported fourth-quarter net income of $7 million, or 25 cents per share, with adjusted earnings of $1.53 per share, exceeding the average Zacks estimate of $1.33 per share. Revenue for the quarter was $323.1 million, with adjusted revenue at $294.9 million, slightly below forecasts of $298.6 million. Year-over-year, the company posted profit of $55.9 million, or $1.98 per share, and revenue of $1.12 billion.