Sneak Preview of CSG Systems International, Inc. ($CSGS) 3Q20 Earnings

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CSG Systems International, Inc. (NASDAQ:CSGS) is set to announce third quarter earning results on Wednesday 4th November 2020, after market close.

Analysts surveyed by Thomson Reuters are predicting, CSGS to report 3Q20 income of $ 0.79 per share.

For the full year, analysts anticipate top line of $ 910.70 million, while looking forward to income of $ 3.02 per share bottom line.

The Company Outlook

Full Year 2020 topline are forecasted in a range of$ 891.00 million ~ $ 924.00 million, where as bottomline are predicted in a range of $ 2.87 ~ $ 3.10 per share

Click Here For More Historical Outlooks Of CSG Systems International, Inc.

Previous Quarter Performance

CSG Systems International, Inc. revealed income for the second quarter of $ 0.59 per share, from the revenue of $ 240.32 million. Wall street analysts are predicting, CSGS to report 2Q20 income of $ 0.70 per share from revenue of $ 222.83 million. The bottom line results missed street analysts by $ 0.11 or 15.71 percent, at the same time, top line results outshined analysts by $ 17.49 million or 7.85 percent.

Stock Performance

Shares of CSG Systems International, Inc. traded up $ 1.27 or 3.30 percent on Tuesday, reaching $ 39.78 with volume of 162.30 thousand shares. CSG Systems International, Inc. has traded high as $ 39.99 and has cracked $ 38.83 on the downward trend

According to the previous trading day, closing price of $ 39.78, representing a 6.00 % increase from the 52 week low of $ 36.33 and a 34.38 % decrease over the 52 week high of $ 58.69.

The company has a market capital of $ 1.32 billion and is part of the Technology sector and Software – Infrastructure industry.

Conference Call

CSG Systems International, Inc. will be hosting a conference call at 5:00 PM eastern time on 4th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.csgi.com

CSG Systems International, Inc. provides business support solutions primarily to the communications industry in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers revenue management and digital monetization solutions, including Advanced Convergent Platform, a pre-integrated hybrid cloud-based platform; and Ascendon, Singleview, Total Service Mediation, and Wholesale Business Management Solution platforms.