CSG Systems International, Inc. (CSGS) in FPA Queens Road Small Cap Value Fund Q2 2024

Stable Revenue Streams from Telecommunications Billing Solutions

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Apr 15, 2025
Summary
  • Investment rationale: Reliable revenue from telecommunications billing solutions.
  • Market positioning: Established provider of customer interaction management and billing solutions.
  • Risks and challenges: Competition in the telecommunications software market.
  • Recent performance: Achieved an 8.2% earnings CAGR.
  • Future outlook: Expected to maintain stable growth through innovation in billing solutions.

CSG Systems International, Inc. (CSGS, Financial) was featured in the FPA Queens Road Small Cap Value Fund's Q2 2024 commentary for its stable revenue streams from telecommunications billing solutions. The fund, managed by First Pacific Advisors (Trades, Portfolio), LP, emphasized CSG's established market position and its ability to generate consistent earnings.

"CSG Systems' reliable revenue from its telecommunications billing solutions and its focus on innovation support its stable growth outlook." — FPA Queens Road Small Cap Value Fund, Q2 2024 Fund Letter

Read full letter at gurufocus fpa queens road small cap value fund q2 2024 commentary 2024 Q2 page.