Computer Task Group (CTG) Misses Q4 EPS by 41c, Revenues Beat; Offers FY19 EPS Mid-Point Guidance Below Consensus, FY19 Revenue Outlook Above Consensus

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CTG Reports 2018 Fourth Quarter and Full Year Results

February 19, 2019 6:55 AM EST

2018 Annual Revenue Increased Over 19%Made Significant Progress in 2018 and Well Positioned for Continued, Long-Term Growth

Reported Results Include a $0.29 per Share Non-Cash Charge Related to Deferred Tax Assets, and $0.07 per Share for Other Tax Items

Repurchased 1.8 million Shares of Outstanding Common Stock via Tender Offer and Existing Buyback Program

Completed Accretive Acquisition in 2019 of Luxembourg-based Tech-IT Expanding Solutions Offerings

BUFFALO, N.Y., Feb. 19, 2019 (GLOBE NEWSWIRE) -- CTG (NASDAQ: CTG), a leading provider of... More