2023-08-09 08:07:33 ET
- Computer Task Group press release ( NASDAQ: CTG ): Q2 GAAP EPS of -$0.01 misses by $0.08 .
- Revenue of $74.6M (-9.9% Y/Y) misses by $4.4M .
- GAAP operating margin was 0.4% in second quarter; non-GAAP operating margin was 3.9%.
- Adjusted EBITDA was $3.7 million, with a margin of 4.9%.
- “Due to the rapid pace of change and continued uncertainty in the macroenvironment, we are withdrawing our full year 2023 guidance," said John M. Laubacker, Chief Financial Officer.
For further details see:
Computer Task Group misses Q2 top and bottom line estimates; withdraws FY23 outlook