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Cegeka to acquire CTG for $10.50 per share in a cash transaction valued at approximately $170 million. See the separate press release issued earlier today that announced this transaction. Software Engineering revenue in the second quarter of more than $30 million with gross margin of 32...
2023-08-09 07:30:14 ET Cegeka on Wednesday said it would buy Computer Task Group ( NASDAQ: CTG ) for $10.50 per share in an all-cash transaction, representing an implied equity value of about $170 million. CTG, a provider of digital transformation solutions recorded $325 milli...
Cegeka finds in CTG a partner that complements its customer and service portfolio and strengthens Cegeka’s capabilities and knowledge. Cegeka and CTG together can deliver enhanced value to customers across North America and Europe. Cegeka will acquire CTG for $10.50 per share in cash i...
2023-08-02 18:09:01 ET Summary Computer Task Group, Incorporated provides a range of IT and business consulting services to organizations. After a revenue decline in 2022, management believes 2023 revenue will be flat. Until the firm can reignite revenue growth and improve pro...
BUFFALO, N.Y., Aug. 02, 2023 (GLOBE NEWSWIRE) -- CTG (Nasdaq: CTG) (“Company”), a leader in North America and Western Europe helping companies employ digital IT solutions and services to drive productivity and profitability, announced that it will release its second quarter ...
BUFFALO, N.Y., June 14, 2023 (GLOBE NEWSWIRE) -- CTG (Nasdaq: CTG) (“Company”), a leader in North America and Western Europe helping companies employ digital IT solutions and services to drive their productivity and profitability, announced today that the Company has...
2023-05-29 07:07:01 ET Summary CTG is a consulting firm that specializes in digital transformation. The company is strategically divesting from their staffing segment in favor of their higher-margin core business. The results are mixed. Macro headwinds such as high interest ra...
2023-05-14 02:57:05 ET Computer Task Group, Incorporated (CTG) Q1 2023 Earnings Conference Call May 09, 2023, 11:00 AM ET Company Participants Craig Mychajluk - IR Filip. Gyde - President, CEO John Laubacker - CFO Conference Call Participants Kevin Li...
2023-05-09 06:59:31 ET Computer Task Group press release ( NASDAQ: CTG ): Q1 GAAP EPS of $0.02 misses by $0.04 . Revenue of $78.2M (-12.5% Y/Y) misses by $5.3M . GAAP operating margin was 0.9% in first quarter; non-GAAP operating margin was 2.7%. Adju...
Software Engineering revenue in the first quarter of more than $30 million with gross margin of 31.8% Revenue of $78.2 million reflected intentional disengagement of $11.6 million from non-strategic technology services business Signed one of the largest IT Solutions engagements ...
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2023-11-30 22:15:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
Computer Task Group Incorporated (CTG) is expected to report $0.11 for Q3 2023
Cegeka and CTG work toward Completion of Regulatory Requirements to Complete Acquisition Cegeka and CTG signed an agreement on August 9, 2023, for Cegeka to purchase CTG for $10.50 per share in a cash transaction valued at approximately $170 million. IT Solutions and Service...