Computer Task Group: Q3 Earnings Insights

Shares of Computer Task Group CTG moved higher by 19% in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share increased 80.00% over the past year to $0.18, which beat the estimate of $0.04.

Revenue of $88,648,000 decreased by 8.80% year over year, which beat the estimate of $84,180,000.

Outlook

Computer Task Group hasn't issued any earnings guidance for the time being.

Computer Task Group hasn't issued any revenue guidance for the time being.

Conference Call Details

Date: Oct 20, 2020

Time: 11:00 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/uo4yr4d7

Recent Stock Performance

Company's 52-week high was at $6.48

52-week low: $2.86

Price action over last quarter: Up 18.53%

Company Profile

Computer Task Group Inc provides information technology services to its clients. The company divides its services in information technology solutions and information technology and other staffing. Its services consist of information technology business solution lifecycle including phases for planning, developing, implementing, managing and maintaining the IT solution. The firm derives the majority of its revenues from information technology and other staffing services. It promotes its services through Technology service providers, Manufacturing, Healthcare, Financial Services, Energy and General markets areas. Geographically, it derives a majority of revenue from the United States.