Computer Task Group

Computer Task Group, Inc. engages in the provision of information technology solutions and staffing services. The firm's services encompass the information technology business solution life cycle, including phases for planning, developing, implementing, managing, and maintaining the information technology solution. It operates through the following segments: North America IT Solutions and Services, Europe IT Solutions and Services, and Non-Strategic Technology Services. The North America and Europe IT Solutions and Services segments offer digital transformation solutions. The Non-Strategic Technology Services provides staffing services. The company was founded by Randolph A. Marks and G. David Baer on March 11, 1966 and is headquartered in Buffalo, NY.

Earnings data Q1 2020

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CTG reports strong Q4 earnings, eyes global digital solutions expansion

CTG's Q4 performance showed revenue growth and margin improvement, with a positive outlook for 2023 revenue and EPS.
Strategic focus on digital transformation and talent acquisition position CTG for growth in key sectors.
Challenges include managing client engagements, ERP implementation costs, and increased CapEx, requiring strategic planning.

CTG excels in Q1 with IT solutions focus and margin growth

CTG's Q1 performance reflects a successful transition to an IT solutions-focused business, with strong bookings and margin growth.
While facing short-term margin pressures from investments, the company's strategic initiatives position it well for future growth and profitability.
Guidance for upcoming quarters and long-term margin targets underscore CTG's positive outlook and commitment to transformation.

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A suite of Professional Services – Including Automation Intelligence-Powered  “Testing-as-a-Service” – All Designed to Increase Testing Coverage and Reduce Risk

CTG Launches Application Testing Solutions in North America

Strengthens Testing Solution Offerings with Addition of Innovative Crowdtesting Capability Strengthens Testing Solution Offerings with Addition of Innovative Crowdtesting Capability

CTG Acquires French Testing Company StarDust

Computer Task Group, Incorporated (CTG) CEO Filip Gyde on Q4 2019 Results - Earnings Call Transcript

BUFFALO, N.Y., Jan.  14, 2020  (GLOBE NEWSWIRE) -- CTG (NASDAQ: CTG), a leading provider of information technology (IT) solutions and services in North America and Western Europe, today confirmed that it has received a new unsolicited proposal from Assurance Global Services LLC (AGS) to acquire the Company for $7.00 per share in cash. 

CTG Confirms Receipt of New Unsolicited Proposal from Assurance Global Services

BUFFALO, N.Y., Jan.  08, 2020  (GLOBE NEWSWIRE) -- CTG (NASDAQ: CTG), a leading provider of information technology (IT) solutions and services in North America and Western Europe, today announced a number of recent wins for its IT Solutions offerings in Luxembourg. Most notable among these new engagements, the Company secured a contract with Fonds du Logement (FDL) for the phase two implementation of a company-wide enterprise resource planning (ERP) system. FDL is a market leading residential and commercial real estate agency as well as the government appointed manager of the Housing Fund, which facilitates the sustainable development of affordable housing in Luxembourg. CTG’s new multi-year engagement with FDL includes the implementation of Microsoft Dynamics ERP and the development of supporting software to integrate certain third-party applications.

CTG Selected to Implement ERP Solution and Secures Multiple Contracts for IT Solutions in Luxembourg

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Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is Computer Task Group (CTG) a Great Value Stock Right Now?

BUFFALO, N.Y., Dec.  12, 2019  (GLOBE NEWSWIRE) -- CTG (NASDAQ: CTG), a leading provider of information technology (IT) solutions and services in North America and Western Europe, announced today that it is Great Place to Work-Certified™. Achieving this designation validates the rewarding workplace culture that has made CTG a leading IT services and solutions company for more than 50 years. 

CTG Earns Designation as a Great Place to Work-Certified™ Company 2019 in the U.S.

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Computer Task Group, Incorporated (CTG) CEO Filip Gyde on Q3 2019 Results - Earnings Call Transcript

Revenue Increased 7.7% Year-over-Year and 11.0% Year-to-Date

CTG Reports 2019 Third Quarter Results; Operating Income Nearly Doubles on Year-over-Year Revenue Increase of 8%

Computer Task Group (CTG) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Computer Task Group (CTG) Moves to Strong Buy: Rationale Behind the Upgrade

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BUFFALO, N.Y., Aug.  20, 2019  (GLOBE NEWSWIRE) -- CTG (NASDAQ: CTG), a leading provider of information technology (IT) solutions and services in North America and Western Europe, today announced that Filip Gydé, President and CEO, and John Laubacker, Executive Vice President and CFO, will participate at the 8th Annual Gateway Conference to be held at the Four Seasons Hotel in San Francisco, CA. CTG management is scheduled to present on Wednesday, September 4 at 4:30 p.m. Pacific Time and will be available to meet with attending investors throughout the day.

CTG to Present at the Gateway Conference on September 4

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Computer Task Group, Inc. (CTG) CEO Filip Gyde on Q2 2019 Results - Earnings Call Transcript

Computer Task Group (CTG) delivered earnings and revenue surprises of 12.50% and 0.10%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

Computer Task Group (CTG) Q2 Earnings and Revenues Beat Estimates

Computer Task Group (CTG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Computer Task Group (CTG) Reports Next Week: What Awaits?

Computer Task Group Inc. (CTG) CEO Filip Gyde on Q1 2019 Results - Earnings Call Transcript

Computer Task Group (CTG) delivered earnings and revenue surprises of -14.29% and 3.86%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?

News for Computer Task Group Stock (CTG)