CSGS posts record revenue in 2012

Staff writer
21 Feb 2013
00:00

CSG Systems Internationalreported total revenues of $756.9 million in 2012, with non-GAAP operating income representing 18% or $135.5 million.

Non-GAAP earnings per diluted share (EPS) was $2.33, which includes an unexpected benefit of $0.13 as a result of a lower than previously anticipated effective income tax rate.

In the fourth quarter alone, total revenues were $198 million. Of this, 17% or $33 million accounted for non-GAAP operating income.

“We enter 2013 in a position of strength as a result of the actions we have taken over the past several years,” said Peter Kalan, CEO and president of CSGS. “We have a solid base of over 500 clients worldwide that depend upon us to help them execute upon their business plans.”

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