CSG Limited Reports Unaudited Earnings Results for the Fiscal Year Ended June 30, 2017; Provides Impairment Guidance for the Year Ended June 30, 2017; Provides Earnings Guidance for the Fiscal Year 2018
For the fiscal year 2018, the company expects revenue growth of approximately 10%, EBITDA (before LTIP expense) to be approximately $30 million and pre-tax underlying cash flow conversion of greater than 100%.
The company expects to recognize a non-cash charge for impairment of approximately $55 million in its results for the year ended June 30, 2017.