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Computer Task Group Inc (CTG.OQ)

CTG.OQ on NASDAQ Stock Exchange Global Select Market

5.87USD
27 Oct 2020
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$-0.02 (-0.34%)
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Latest Key Developments (Source: Significant Developments)

Ctg Reports 2020 Q3 Non-GAAP Earnings Per Share $0.18
Tuesday, 20 Oct 2020 

Oct 20 (Reuters) - Computer Task Group Inc ::CTG REPORTS 2020 THIRD QUARTER RESULTS.Q3 NON-GAAP EARNINGS PER SHARE $0.18.Q3 GAAP EARNINGS PER SHARE $0.20.Q3 REVENUE $88.6 MILLION VERSUS $97.2 MILLION.WILL CONTINUE TO NOT PROVIDE GUIDANCE FOR Q4 AND FULL YEAR 2020.  Full Article

AGS SPV I LLC Says "Lack Of Accountability" At Computer Task Group Board Level
Tuesday, 15 Sep 2020 

Sept 14 (Reuters) - AGS SPV I LLC: :AGS SPV I LLC SAYS ON SEPTEMBER 14, AGS AND WAX ASSET MANAGEMENT SENT LETTER TO BOARD OF COMPUTER TASK GROUP INC.AGS SPV I LLC - IN LETTER, BELIEVES THERE IS PATTERN OF LACK OF ACCOUNTABILITY AT COMPUTER TASK GROUP BOARD LEVEL.  Full Article

Ags Spv I Says Ags And Wax Asset Management Sent Letter To Board Of Computer Task Group- SEC Filing
Wednesday, 9 Sep 2020 

Sept 9 (Reuters) - Computer Task Group Inc ::AGS SPV I LLC SAYS ON SEPT 9, AGS AND WAX ASSET MANAGEMENT SENT LETTER TO BOARD OF COMPUTER TASK GROUP INC - SEC FILING.AGS SPV I LLC SAYS IN LETTER, EXPRESS INTENTION TO OPPOSE ELECTION OF DIRECTOR NOMINEES JAMES HELVEY, III AND OWEN SULLIVAN.AGS SPV I LLC SAYS IN LETTER, VOTE AGAINST PROPOSAL REGARDING APPROVAL AND RATIFICATION OF COMPUTER TASK GROUP'S PROPOSED 2020 EQUITY AWARD PLAN.  Full Article

Computer Task Group Reports Q2 GAAP Earnings Per Share $0.12
Tuesday, 21 Jul 2020 

July 21 (Reuters) - Computer Task Group Inc ::CTG REPORTS 2020 SECOND QUARTER RESULTS.Q2 GAAP EARNINGS PER SHARE $0.12.Q2 REVENUE $89.1 MILLION VERSUS $100.4 MILLION.Q2 NON-GAAP EARNINGS PER SHARE $0.10.NOT PROVIDING UPDATED GUIDANCE FOR FULL YEAR 2020.COMPUTER TASK GROUP - ANTICIPATE SEASONALITY IN Q3 WILL BE HIGHER THAN NORMAL, RESULTING IN LOWER UTILIZATION OF BILLABLE RESOURCES.EXPECT A REDUCTION IN GOVERNMENT SUBSIDIES IN EUROPE FOR TECHNICAL UNEMPLOYMENT TO IMPACT EARNINGS IN H2 OF YEAR.COMPUTER TASK GROUP - ALSO EXPECT SALE OF A CUSTOMER'S BUSINESS UNIT IN ALASKA & CO'S INVESTMENTS TO IMPACT EARNINGS IN H2 OF YEAR.  Full Article

Ctg Reports First Quarter 2020 Results
Tuesday, 21 Apr 2020 

April 21 (Reuters) - Computer Task Group Inc ::CTG REPORTS FIRST QUARTER 2020 RESULTS.Q1 GAAP EARNINGS PER SHARE $0.08.Q1 NON-GAAP EARNINGS PER SHARE $0.10.Q1 REVENUE $86.9 MILLION VERSUS $97.2 MILLION.SAYS DECIDED TO SUSPEND ITS PRIOR FINANCIAL GUIDANCE FOR FULL YEAR 2020.SAYS COVID-19 PANDEMIC HAD RELATIVELY LIMITED IMPACT ON BUSINESS IN Q1.COMPUTER TASK GROUP - IN EARLY APRIL IMPLEMENTED SELECTIVE FURLOUGHS ALONG WITH A TEMPORARY SALARY ADJUSTMENT FOR ALMOST ALL NON-BILLABLE EMPLOYEES.COMPUTER TASK GROUP - ENHANCED LIQUIDITY BY ACCELERATING COLLECTION OF RECEIVABLES FROM LARGEST CLIENT AND DRAWING DOWN $12.0 MILLION ON LINE OF CREDIT.  Full Article

Computer Task Group Buys Stardust In Deal Valued At About $4.9 Mln
Tuesday, 3 Mar 2020 

March 3 (Reuters) - Computer Task Group Inc ::CTG ACQUIRES FRENCH TESTING COMPANY STARDUST.COMPUTER TASK GROUP INC - DEAL EXPECTED TO BE IMMEDIATELY ACCRETIVE TO OPERATING RESULTS, EXCLUDING CUSTOMARY ACQUISITION-RELATED EXPENSES.COMPUTER TASK GROUP INC - STARDUST'S FOUNDERS AND MANAGEMENT TEAM WILL REMAIN WITH CTG TO ENSURE CONTINUITY OF CLIENT SERVICE.COMPUTER TASK GROUP INC - ALL-CASH TRANSACTION IS VALUED AT APPROXIMATELY $4.85 MILLION.COMPUTER TASK GROUP INC - FUNDED PURCHASE PRICE THROUGH A DRAWDOWN OF CAPITAL FROM REVOLVING CREDIT FACILITY.  Full Article

Computer Task Group Says Q4 GAAP Earnings Per Share $0.29
Tuesday, 25 Feb 2020 

Feb 25 (Reuters) - Computer Task Group Inc ::CTG REPORTS FOURTH QUARTER AND FULL YEAR 2019 RESULTS.Q4 GAAP EARNINGS PER SHARE $0.29.Q4 REVENUE $99.3 MILLION VERSUS $93.1 MILLION.  Full Article

Computer Task Group Board Rejects Proposal Submitted by Assurance Global Services
Thursday, 29 Aug 2019 

Aug 29 (Reuters) - Computer Task Group Inc ::CTG COMMENTS ON OPEN LETTER FROM ASSURANCE GLOBAL SERVICES.COMPUTER TASK GROUP INC - MEMBERS OF CTG'S SENIOR MANAGEMENT TEAM HAVE HELD SEVERAL DISCUSSIONS WITH AGS OVER PAST SEVERAL MONTHS.COMPUTER TASK GROUP INC - BOARD DETERMINED CONDITIONAL PROPOSAL SUBMITTED BY ASSURANCE GLOBAL SERVICES "SIGNIFICANTLY UNDERVALUES COMPANY".COMPUTER TASK GROUP INC - ADVISES SHAREHOLDERS TO TAKE NO ACTION AT THIS TIME.COMPUTER TASK GROUP INC - DETERMINED THAT ASSURANCE GLOBAL SERVICES' PROPOSAL DOES NOT CONSTITUTE A BASIS FOR ENGAGING IN FURTHER DIALOGUE..  Full Article

CTG Reports Q2 Non-GAAP Earnings Per Share $0.09
Tuesday, 23 Jul 2019 

July 23 (Reuters) - Computer Task Group Inc ::CTG REPORTS 2019 SECOND QUARTER RESULTS.Q2 GAAP EARNINGS PER SHARE $0.07.Q2 REVENUE $100.4 MILLION VERSUS $92.7 MILLION.Q2 NON-GAAP EARNINGS PER SHARE $0.09.CURRENCY TRANSLATION HAD A NEGATIVE $2.4 MILLION IMPACT ON REVENUE IN Q2.SEES FY 2019 NON-GAAP EARNINGS PER SHARE $0.32 TO $0.38.NARROWED PREVIOUS GUIDANCE RANGE FOR FY REVENUE TO $390.0 MILLION - $405.0 MILLION .COMPUTER TASK GROUP - CONTINUE TO ANTICIPATE SIGNIFICANT YEAR-OVER-YEAR REVENUE GROWTH & SUSTAINED IMPROVEMENT IN PROFITABILITY DURING SECOND HALF OF YEAR.SEES FY 2019 GAAP EARNINGS PER SHARE $0.22 TO $0.28.  Full Article

CTG Q1 Non-GAAP Earnings Per Share $0.06
Thursday, 18 Apr 2019 

April 18 (Reuters) - Computer Task Group Inc ::CTG REPORTS 2019 FIRST QUARTER RESULTS.Q1 EARNINGS PER SHARE $0.05.Q1 NON-GAAP EARNINGS PER SHARE $0.06.Q1 REVENUE $97.2 MILLION VERSUS $82.7 MILLION.REAFFIRMS FULL-YEAR REVENUE AND EPS GUIDANCE.REAFFIRMS FULL-YEAR REVENUE AND EPS GUIDANCE.SEES 2019 REVENUE $ 380.0 MILLION - $410.0 MILLION.SEES IMPROVEMENT IN OPERATING RESULTS THROUGHOUT 2019 AS CO CONTINUES TO MAKE ADDITIONAL INVESTMENTS IN SOLUTIONS BUSINESS.COMPUTER TASK GROUP - SEES IMPROVEMENT IN OPERATING RESULTS THROUGHOUT 2019 AS CO CONTINUES TO MAKE MORE INVESTMENTS IN SOLUTIONS BUSINESS.  Full Article