Symbols

CTG(Delisted)

Computer Task Group·NASDAQ

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Key Stats

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Prev.Close

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About CTG

Computer Task Group, Incorporated

A leading provider of digital transformation solutions and services

Industry

Established Date

03/11/1966

Listing Date

06/06/2006

Exchange

NASDAQ Stock Exchange

Full-time Employees

3,200

Fiscal Year Ends

12-31

Website

www.ctg.com

Security Type

Common stock

Office address

300 Corporate Parkway, Suite 214N, Amherst, New York 14226

Business

Introduction

Computer Task Group, Incorporated was founded on March 11, 1966 in Buffalo, New York. It is an information technology solutions and human resources company with operations in North America and Europe. The company is primarily involved in an industry that provides computer services to its customers. These services include computer technology solutions and computer staffing. It provides these primary businesses to all markets it serves. These services it provides usually include the life cycle of computer business solutions, including phase planning, research and development, execution, management and final maintenance. A typical customer is a company with large, complex information and data processing needs. The company has greatly promoted its market by focusing on four vertical markets in healthcare (including services to healthcare providers, health insurers and life science companies), technology service providers, financial services and energy. They focus on these four areas because they believe that these are either areas with faster growth than the general IT service market and general economy, or areas that provide greater possibilities for their company's growth by virtue of the size of the vertical market. The company's other revenue comes from the common market.

Company Financials

EPS

CTG has released its 2023 Q3 earnings. EPS was reported at 0.11, versus the expected 0.11, meeting expectations. The chart below visualizes how CTG has performed over recent quarters, highlighting trends in earnings surprises.

Revenue & Expenses

CTG has released its 2023 Q3 earnings report, with revenue of 71.29M, reflecting a YoY change of -4.95%, and net profit of -871.00K, showing a YoY change of -179.04%. The Sankey diagram below clearly presents CTG's revenue sources and cost distribution.