CSG Systems International Reports First Quarter of 2026 Results

About this update from Csg Systems International, Inc.

DENVER, May 06, 2026--(BUSINESS WIRE)--CSG® (NASDAQ: CSGS) today reported results for the quarter ended March 31, 2026. Financial Results: First quarter 2026 financial results: Shareholder Returns: Plan of Merger On October 29, 2025, CSG entered into an Agreement and Plan of Merger (the "Merger Agreement") with NEC Corporation, a company incorporated under the laws of Japan ("NEC") and Canvas Transaction Company, Inc., a Delaware corporation and a wholly owned subsidiary of NEC (the "Merger"). On January 30, 2026, CSG’s stockholders approved the adoption of the Merger Agreement at the special meeting of CSG’s stockholders convened for such purpose. The Merger is expected to close by the end of 2026, subject to the satisfaction of the remaining customary closing conditions and required regulatory approvals. Financial Overview (unaudited)(in thousands, except per share amounts and percentages): For additional information and reconciliations regarding CSG’s use of non-GAAP financial measures, please refer to the attached Exhibit 2 and the Investor Relations section of CSG’s website at csgi.com. Results of Operations GAAP Results: Total revenue for the first quarter of 2026 was $313.7 million, a 4.8% increase when compared to revenue of $299.5 million for the first quarter of 2025. The increase in revenue can be mainly attributed to the continued growth of CSG’s SaaS and related solutions. GAAP operating income for the first quarter of 2026 was $35.1 million, or 11.2% of total revenue, compared to $29.4 million, or 9.8% of total revenue, for the first quarter of 2025, with the increase mainly attributed to the higher revenue generated in the first quarter of 2026, discussed above. GAAP EPS for the first quarter of 2026 was $0.83, compared to $0.57 for the first quarter of 2025. The increase in GAAP EPS is mainly attributed to the higher GAAP operating income in the first quarter of 2026, discussed above, and foreign currency movements. Non-GAAP Results: Non-GAAP operating income for the first quarter of 2026 was $56.9 million, or a non-GAAP adjusted operating margin of 20.0%, compared to $51.5 million, or a non-GAAP adjusted operating margin of 19.0% for the first quarter of 2025, with the increase mainly attributed to the higher revenue generated in the first quarter of 2026. Non-GAAP EPS for the first quarter of 2026 was $1.37,...

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