Computer Task Group (CTGX) Reports In-Line Q3 EPS; Guides Q4, Tightens FY11 Outlook

October 24, 2011 4:08 PM EDT
Computer Task Group, Inc. (NASDAQ: CTGX) reported Q3 EPS of $0.18, in-line with the analyst estimate of $0.18. Revenue for the quarter came in at $101.12 million versus the consensus estimate of $99.1 million.

Computer Task Group, Inc. sees Q4 2011 EPS of $0.18-$0.20, versus the consensus of $0.21. Computer Task Group, Inc. sees Q4 2011 revenue of $100-$102 million, versus the consensus of $100.60 million.

Computer Task Group, Inc. sees FY2011 EPS of $0.70-$0.72, versus prior guidance of $0.67-$0.73 and the consensus of $0.72. Computer Task Group, Inc. sees FY2011 revenue of $395-$397 million, versus prior guidance of $390-$396 million and the consensus of $393.65 million.


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