Computer Task Group (CTG) Tops Q3 EPS by 2c

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CTG Reports Third Quarter 2015 Results

October 27, 2015 6:55 AM EDT

BUFFALO, N.Y., Oct. 27, 2015 (GLOBE NEWSWIRE) -- CTG (NASDAQ: CTG), an information technology (IT) solutions and services company, today announced its financial results for the third quarter ended October 2, 2015.

Third Quarter Financial Highlights

Revenue was $93.1 million, a decrease of 1.8% from the second quarter and down 3.8% from the prior year quarter;Operating margin was 3.8%, compared with 1.2% in the second quarter, after charges, and 4.7% in the third quarter 2014;GAAP net income was $0.13 per diluted share, compared with $0.03 per diluted share in the prior... More