CTG Reports 2018 Second Quarter Results

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Computer Task Group (CTG) Reports In-Line Q2 EPS, Beats on Revenues

July 19, 2018 7:06 AM EDT

Computer Task Group (NASDAQ: CTG) reported Q2 EPS of $0.08, in-line with the analyst estimate of $0.08. Revenue for the quarter came in at $92.7 million versus the consensus estimate of $88.05 million.

Second Quarter and Recent Business Highlights

Completed transition of more than 350 employees in support of newly awarded service desk business at largest Staffing clientFurther extended the trend of growth in Europe, including two significant multi-year contracts with European ministriesHealth Solutions headcount increased 25% sequentially due in part to new contracts with Catholic Health Initiatives (CHI) and a prominent university medical centerLaunched new... More