CSG announced today the cancellation of its third-quarter 2025 earnings results call, originally scheduled for Wednesday, November 5, 2025, following a definitive agreement to be acquired by NEC. The company also stated it will suspend all future quarterly earnings calls and cease providing annual guidance.
The acquisition by NEC is contingent upon shareholder and regulatory approvals, along with other customary closing conditions. This agreement marks a notable development for CSG, a company specializing in customer experience, billing, and payments solutions.
CSG provides Software-as-a-Service (SaaS) solutions that enable companies to manage customer connections, service usage, and payment processes. Its offerings are designed to assist businesses in handling billing and payment collections.