CSGS revenues record-high in 2012
CSG Systems International reported 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.”