Quarterly ResultMay 6, 2026, 04:20 PM
CSG Systems Q1 Revenue $313.7M, GAAP EPS $0.83, Non-GAAP EPS $1.37
AI Summary
CSG Systems International reported its first-quarter 2026 financial results, with total revenue increasing to $313.7 million and GAAP diluted EPS rising to $0.83. Non-GAAP EPS also saw a significant increase to $1.37. The company also reiterated that its previously announced merger with NEC Corporation is expected to close by the end of 2026, pending regulatory approvals.
Key Highlights
- Merger with NEC Corporation approved by stockholders on January 30, 2026, expected to close by end of 2026.
- Total revenue for Q1 2026 was $313.7 million, a 4.8% increase from Q1 2025.
- GAAP operating income was $35.1 million (11.2% margin), up 19.4% from Q1 2025.
- Non-GAAP operating income was $56.9 million (20.0% margin), up 10.6% from Q1 2025.
- GAAP diluted EPS was $0.83, a 45.6% increase from $0.57 in Q1 2025.
- Non-GAAP diluted EPS was $1.37, a 20.2% increase from $1.14 in Q1 2025.
- Cash flows used in operations were ($1.2) million, with non-GAAP adjusted free cash flow of $8.0 million.
- Declared a quarterly cash dividend of $0.34 per share, totaling approximately $10 million.
- Revenue from Broadband/Cable/Satellite was 48% of total revenue in Q1 2026.
- Revenue from Americas was 86% of total revenue in Q1 2026.