CSG revenues up 4% in Q1

Staff writer
15 May 2014
00:00

CSG Systems International reported a 4% increase in unaudited revenues for the first quarter of 2014, which reached $188 million.

The year-over-year increase was attributed to a strong first quarter of processing revenues, driven in large part by special project work and continued growth in various ancillary products and services.

“We continue to help our clients navigate a rapidly-moving and changing landscape,” said Peter Kalan, president and CEO of CSG International. “Our focus on helping them drive down their operational costs, introduce new revenue-generating services and create loyal and committed customer relationships continues to position us as a trusted and valued partner.”

CSG is maintaining its financial guidance for the full year 2014, which pencils in revenues at between $745 million and $770 million.

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