CSG Systems International Inc Profit Drops 22% In Q4

(RTTNews) - CSG Systems International Inc (CSGS) announced earnings for fourth quarter that lost ground compared to the same period last year.

The company said its profit totaled $33.79 million, or $0.57 per share. This was down from $43.54 million, or $0.77 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.64 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 1.1% to $195.17 million. This was down from $197.29 million last year.

CSG Systems International Inc earnings at a glance:

-Earnings (Q4): $33.79 Mln. vs. $43.54 Mln. last year. -Earnings Decline (Y-o-Y): -22.4% -EPS (Q4): $0.57 vs. $0.77 last year. -EPS Decline (Y-o-Y): -26.0% -Analysts Estimate: $0.64 -Revenue (Q4): $195.17 Mln vs. $197.29 Mln last year. -Revenue Change (Y-o-Y): -1.1%