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Computer Task Group Inc (CTG.OQ)

CTG.OQ on NASDAQ Stock Exchange Global Select Market

6.99USD
20 Jul 2018
Change (% chg)

$-0.03 (-0.43%)
Prev Close
$7.02
Open
$7.00
Day's High
$7.15
Day's Low
$6.98
Volume
18,903
Avg. Vol
20,637
52-wk High
$9.30
52-wk Low
$4.91

Latest Key Developments (Source: Significant Developments)

CTG Q1 Revenue $82.8 Million Versus $77 Million
Thursday, 19 Apr 2018 

April 19 (Reuters) - Computer Task Group Inc ::CTG REPORTS 2018 FIRST QUARTER RESULTS.Q1 NON-GAAP EARNINGS PER SHARE $0.06.Q1 GAAP EARNINGS PER SHARE $0.03.Q1 REVENUE $82.8 MILLION VERSUS $77 MILLION.SEES 2018 Q2 GAAP DILUTED EPS $0.05 TO $0.09.SEES 2018 Q2 NON-GAAP DILUTED EPS $0.06 TO $0.10.SEES 2018 Q2 REVENUE $87 TO $91 MILLION.SEES 2018 FULL YEAR GAAP DILUTED EPS $0.25 TO $0.37.INITIATED INTEGRATION OF ACCRETIVE SOFT COMPANY ACQUISITION.SEES FY 2018 REVENUE $343 MILLION TO $357 MILLION.SEES 2018 FULL YEAR NON-GAAP DILUTED EPS $0.30 TO $0.42.  Full Article

Computer Task Group Says Entered Into Amendment Agreement Amending Credit And Security Agreement
Saturday, 14 Apr 2018 

April 13 (Reuters) - Computer Task Group Inc ::COMPUTER TASK GROUP SAYS CO ENTERED INTO FIRST AMENDMENT AGREEMENT AMENDING CREDIT AND SECURITY AGREEMENT DATED DECEMBER 21, 2017 - SEC FILING.COMPUTER TASK GROUP - AMENDMENT AMENDS RESTRICTED PAYMENTS OF CREDIT AGREEMENT DURING ANY PERIOD OF 24 CONSECUTIVE MONTHS ENDING ON OR PRIOR APRIL 13.  Full Article

CTG Q4 GAAP Loss Per Share $0.03
Tuesday, 20 Feb 2018 

Feb 20 (Reuters) - Computer Task Group Inc ::CTG REPORTS 2017 FOURTH QUARTER AND FULL YEAR RESULTS.Q4 NON-GAAP EARNINGS PER SHARE $0.06 EXCLUDING ITEMS.Q4 GAAP LOSS PER SHARE $0.03.Q4 REVENUE $74.6 MILLION VERSUS $77.5 MILLION.SEES FY 2018 REVENUE $340 MILLION TO $360 MILLION.SEES 2018 GAAP EPS OF $0.25-$0.37.‍EXPECTS 2018 GAAP EPS OF $0.25-$0.37​.SEES 2018 NON-GAAP EPS OF $0.30-$0.42.SEES Q1 2018 ‍REVENUE $77 TO $82 MILLION​.COMPUTER TASK GROUP - RECOGNIZED $0.11 PER DILUTED SHARE, NON-CASH CHARGE RELATED TO NEW U.S. TAX LAW IN QUARTER.SEES Q1 2018 NON-GAAP ‍DILUTED EPS $0.05 TO $0.07​.SEES ‍Q1 DILUTED EPS $0.02 TO $0.04​.  Full Article

Computer Task Group Enters Into Credit And Security Agreement
Tuesday, 26 Dec 2017 

Dec 26 (Reuters) - Computer Task Group Inc ::COMPUTER TASK GROUP SAYS ON DEC 21, CO ENTERED INTO CREDIT AND SECURITY AGREEMENT - SEC FILING.COMPUTER TASK GROUP - CREDIT AGREEMENT PROVIDES FOR A THREE-YEAR REVOLVING CREDIT FACILITY OF $45 MILLION.  Full Article

CTG REPORTS NON-GAAP EARNINGS PER SHARE $0.05 EXCLUDING ITEMS
Tuesday, 24 Oct 2017 

Oct 24 (Reuters) - Computer Task Group Inc :CTG REPORTS 2017 THIRD QUARTER RESULTS.Q3 NON-GAAP EARNINGS PER SHARE $0.05 EXCLUDING ITEMS.Q3 GAAP EARNINGS PER SHARE $0.00.Q3 REVENUE FELL 5.2 PERCENT TO $74 MILLION.SEES FY 2017 NON-GAAP EARNINGS PER SHARE $0.21 TO $0.23.SEES FY 2017 GAAP EARNINGS PER SHARE $0.13 TO $0.15.SEES Q4 2017 EARNINGS PER SHARE $0.05 TO $0.07.SEES Q4 2017 REVENUE $72 MILLION TO $75 MILLION.SEES FY 2017 REVENUE $298.5 MILLION TO $301.5 MILLION."‍BELIEVE WE ARE WELL POSITIONED TO ACHIEVE REVENUE GROWTH AND INCREASED PROFITABILITY IN 2018"​.  Full Article

CTG announces 10b5-1 plan to facilitate continued share repurchases
Friday, 7 Jul 2017 

July 6 (Reuters) - Computer Task Group Inc -:CTG announces 10b5-1 plan to facilitate continued share repurchases.Computer Task Group Inc - ‍company had approximately $5.5 million available under its outstanding repurchase authorization as of June 30, 2017​.Computer Task Group Inc - has extended its systematic repurchase plan under rule 10b5-1 of securities and exchange commission.Computer Task Group Inc - plan is effective from july 7, 2017 until day following company's release of its 2017 q2 financial results.Computer Task Group - plan enables shares to be purchased during otherwise self-imposed blackout period between quarter-end, reporting of co's financial results.  Full Article

Computer Task Group Q3 adjusted earnings $0.04/shr
Tuesday, 25 Oct 2016 

Computer Task Group Inc : Ctg reports 2016 third quarter results . Q3 non-gaap earnings per share $0.04 . Q3 gaap loss per share $1.03 . Sees fy 2016 revenue $320 million to $322 million . Q3 revenue $78.1 million versus i/b/e/s view $80.2 million . Q3 earnings per share view $0.03 -- Thomson Reuters I/B/E/S . Sees q4 2016 non-gaap earnings per share $0.04 to $0.06 . Sees fy 2016 gaap loss per share $2.24 to $2.26 . Sees q4 2016 revenue $73 million to $75 million . Fy2016 earnings per share view $0.20, revenue view $330.4 million -- Thomson Reuters I/B/E/S . Q4 earnings per share view $0.04, revenue view $80.9 million -- Thomson Reuters I/B/E/S . Computer task group inc - full year 2016 non-gaap net income is expected to be between $0.20 and $0.22 per diluted share . Computer task group inc - full year 2016 non-gaap net income outlook excludes non-cash goodwill impairment charges of $37.3 million . Computer task group - largest staffing client informed they would reduce portion of ctg-provided services beginning in q4 . Computer task group - staffing client to reduce portion of ctg-provided services due to a "consolidation of service providers" . Computer task group -recorded severance charges of $1.5 million, in third of quarter related to two former executives related to 2 former executives . Computer task group-expect size of reduction of services by client to be about 20% of historical revenue from this account on an annualized basis.  Full Article