ENGLEWOOD, Colo. (AP) — ENGLEWOOD, Colo. (AP) — CSG Systems International Inc. (CSGS) on Wednesday reported third-quarter net income of $20.5 million.
The Englewood, Colorado-based company said it had net income of 73 cents per share. Earnings, adjusted for one-time gains and costs, were $1.31 per share.
The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.11 per share.
The provider of support services for the communications industry posted revenue of $303.6 million in the period. Its adjusted revenue was $279.3 million, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $276.7 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CSGS at https://www.zacks.com/ap/CSGS
