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Computer Task Group: 2Q Earnings Snapshot

July 23, 2019

BUFFALO, N.Y. (AP) _ Computer Task Group Inc. (CTG) on Tuesday reported second-quarter net income of $943,000.

On a per-share basis, the Buffalo, New York-based company said it had net income of 7 cents. Earnings, adjusted for costs related to mergers and acquisitions, were 9 cents per share.

The information technology staffing company posted revenue of $100.4 million in the period.

Computer Task Group expects full-year earnings in the range of 32 cents to 38 cents per share, with revenue in the range of $390 million to $405 million.

The company’s shares closed at $4.06. A year ago, they were trading at $6.99.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CTG at https://www.zacks.com/ap/CTG

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