Edition:
India

Computer Task Group Inc (CTG.OQ)

CTG.OQ on NASDAQ Stock Exchange Global Select Market

5.05USD
13 Dec 2017
Change (% chg)

$0.07 (+1.41%)
Prev Close
$4.98
Open
$5.00
Day's High
$5.08
Day's Low
$4.99
Volume
2,590
Avg. Vol
6,978
52-wk High
$6.27
52-wk Low
$4.17

Latest Key Developments (Source: Significant Developments)

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

Computer Task Group Q2 earnings $0.08/ share
Tuesday, 26 Jul 2016 

Computer Task Group Inc : Reports 2016 second quarter results . Computer Task Group Inc Q2 earnings per share $0.08 . Qtrly revenue was $83.5 million, compared with $94.7 million in prior year Q2 . Q2 revenue $83.5 million vs I/B/E/S view $85.8 million . Computer Task Group Inc Q2 shr view $0.04 -- Thomson Reuters I/B/E/S . Appointed Bud Crumlish CEO on July 21, 2016 . Sees Q3 2016 GAAP loss per share $0.02 TO $0.04 . Sees Q3 2016 revenue $79 million to $81 million . Sees full-year 2016 revenue $328 million to $334 million . SEES full-year 2016 GAAP loss per share $1.21 TO $1.27 . Full-year 2016 shr view $0.16, rev view $342.6 million -- Thomson Reuters I/B/E/S .Sees 2016 full year non-GAAP net income expected to range from $0.17 and $0.23 per diluted share.  Full Article

Computer Task Group sets quarterly dividend of $0.06 per share
Friday, 6 May 2016 

Computer Task Group Inc :Sets quarterly dividend of $0.06per share.  Full Article

Computer Task Group Inc gives Q2, FY 2016 guidance
Tuesday, 26 Apr 2016 

Computer Task Group Inc:Expects total revenue for Q2 2016 second quarter to range between $85.0 and $87.0 million.Expects Q2 2016 net income to be between $0.03 and $0.05 per diluted share.Expects FY 2016 revenue to range between $338 and $350 million.Expects FY 2016 Non-GAAP net income to be between $0.13 and $0.21 per share.  Full Article

Computer Task Group Inc gives Q1, FY 2016 guidance
Tuesday, 23 Feb 2016 

Computer Task Group Inc:Expects total revenue for Q1 2016 to range between $86 and $88 million.Expects Q1 2016 net income to be between $0.03 and $0.05 per diluted share.Expects FY 2016 revenue to range between $340 and $360 million.Expects FY 2016 net income to be between $0.15 and $0.25 per diluted share.  Full Article

BRIEF-CTG REPORTS NON-GAAP EARNINGS PER SHARE $0.05 EXCLUDING ITEMS

* "‍BELIEVE WE ARE WELL POSITIONED TO ACHIEVE REVENUE GROWTH AND INCREASED PROFITABILITY IN 2018"​ Source text for Eikon: Further company coverage: