Market ChallengesCSGS faces significant customer concentration, competition, and a mature end market.
Organic GrowthCSG now expects to reach the low end of the organic growth guidance of 2% to 6% in 2024 due to continued macro and timing-related challenges.
Revenue GuidanceManagement is now guiding to the low end of the revenue guidance range due to budget tightening at clients, headwinds in North American broadband markets, and timing on certain services-based activities.