ENGLEWOOD, Colo. (AP) — ENGLEWOOD, Colo. (AP) — CSG Systems International Inc. (CSGS) on Wednesday reported third-quarter profit of $19.1 million.
The Englewood, Colorado-based company said it had net income of 67 cents per share. Earnings, adjusted for one-time gains and costs, were $1.06 per share.
The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.08 per share.
The provider of support services for the communications industry posted revenue of $295.1 million in the period. Its adjusted revenue was $272.6 million, which also did not meet Street forecasts. Five analysts surveyed by Zacks expected $278 million.
CSG Systems expects full-year earnings in the range of $4.25 to $4.55 per share.
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