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Computer Task Group Inc (CTG.OQ)

CTG.OQ on NASDAQ Stock Exchange Global Select Market

4.90USD
17 Sep 2019
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Latest Key Developments (Source: Significant Developments)

Computer Task Group Board Rejects Proposal Submitted by Assurance Global Services
Thursday, 29 Aug 2019 

Aug 29 (Reuters) - Computer Task Group Inc ::CTG COMMENTS ON OPEN LETTER FROM ASSURANCE GLOBAL SERVICES.COMPUTER TASK GROUP INC - MEMBERS OF CTG'S SENIOR MANAGEMENT TEAM HAVE HELD SEVERAL DISCUSSIONS WITH AGS OVER PAST SEVERAL MONTHS.COMPUTER TASK GROUP INC - BOARD DETERMINED CONDITIONAL PROPOSAL SUBMITTED BY ASSURANCE GLOBAL SERVICES "SIGNIFICANTLY UNDERVALUES COMPANY".COMPUTER TASK GROUP INC - ADVISES SHAREHOLDERS TO TAKE NO ACTION AT THIS TIME.COMPUTER TASK GROUP INC - DETERMINED THAT ASSURANCE GLOBAL SERVICES' PROPOSAL DOES NOT CONSTITUTE A BASIS FOR ENGAGING IN FURTHER DIALOGUE..  Full Article

CTG Reports Q2 Non-GAAP Earnings Per Share $0.09
Tuesday, 23 Jul 2019 

July 23 (Reuters) - Computer Task Group Inc ::CTG REPORTS 2019 SECOND QUARTER RESULTS.Q2 GAAP EARNINGS PER SHARE $0.07.Q2 REVENUE $100.4 MILLION VERSUS $92.7 MILLION.Q2 NON-GAAP EARNINGS PER SHARE $0.09.CURRENCY TRANSLATION HAD A NEGATIVE $2.4 MILLION IMPACT ON REVENUE IN Q2.SEES FY 2019 NON-GAAP EARNINGS PER SHARE $0.32 TO $0.38.NARROWED PREVIOUS GUIDANCE RANGE FOR FY REVENUE TO $390.0 MILLION - $405.0 MILLION .COMPUTER TASK GROUP - CONTINUE TO ANTICIPATE SIGNIFICANT YEAR-OVER-YEAR REVENUE GROWTH & SUSTAINED IMPROVEMENT IN PROFITABILITY DURING SECOND HALF OF YEAR.SEES FY 2019 GAAP EARNINGS PER SHARE $0.22 TO $0.28.  Full Article

CTG Q1 Non-GAAP Earnings Per Share $0.06
Thursday, 18 Apr 2019 

April 18 (Reuters) - Computer Task Group Inc ::CTG REPORTS 2019 FIRST QUARTER RESULTS.Q1 EARNINGS PER SHARE $0.05.Q1 NON-GAAP EARNINGS PER SHARE $0.06.Q1 REVENUE $97.2 MILLION VERSUS $82.7 MILLION.REAFFIRMS FULL-YEAR REVENUE AND EPS GUIDANCE.REAFFIRMS FULL-YEAR REVENUE AND EPS GUIDANCE.SEES 2019 REVENUE $ 380.0 MILLION - $410.0 MILLION.SEES IMPROVEMENT IN OPERATING RESULTS THROUGHOUT 2019 AS CO CONTINUES TO MAKE ADDITIONAL INVESTMENTS IN SOLUTIONS BUSINESS.COMPUTER TASK GROUP - SEES IMPROVEMENT IN OPERATING RESULTS THROUGHOUT 2019 AS CO CONTINUES TO MAKE MORE INVESTMENTS IN SOLUTIONS BUSINESS.  Full Article

Computer Task Group Inc Reports Q4 Loss Per Share $0.39
Tuesday, 19 Feb 2019 

Feb 19 (Reuters) - Computer Task Group Inc ::CTG REPORTS 2018 FOURTH QUARTER AND FULL YEAR RESULTS.Q4 LOSS PER SHARE $0.39.Q4 REVENUE $93.1 MILLION VERSUS $74.6 MILLION.COMPUTER TASK GROUP - SEES 2019 GAAP DILUTED EPS $0.20-$0.30.SEES 2019 REVENUE $380.0 - $410.0 MILLION.SEES 2019 NON-GAAP DILUTED EPS $0.30 - $0.40.  Full Article

CTG To Acquire Luxembourg-Based Tech-It For $10.3 Mln
Thursday, 3 Jan 2019 

Jan 3 (Reuters) - Computer Task Group Inc ::CTG ANNOUNCES AGREEMENT TO ACQUIRE LUXEMBOURG-BASED TECH-IT.PROPOSED ALL-CASH TRANSACTION IS VALUED AT ABOUT $10.3 MILLION.DEAL EXPECTED TO BE IMMEDIATELY ACCRETIVE TO OPERATING RESULTS, EXCLUDING CUSTOMARY ACQUISITION-RELATED EXPENSES.CTG EXPECTS TO FUND $10.3 MILLION PURCHASE PRICE OF ACQUISITION THROUGH A COMBINATION OF CASH ON HAND AND A DRAWDOWN OF CAPITAL.BOARDS OF DIRECTORS OF BOTH COMPANIES UNANIMOUSLY APPROVED TRANSACTION.COMPUTER TASK GROUP - ANNOUNCED AGREEMENT TO ACQUIRE LUXEMBOURG-BASED TECH-IT PSF S.A., A CONSULTING AND IT SOLUTIONS COMPANY, THROUGH ITS UNIT.  Full Article

CTG Announces CEO Bud Crumlish's Retirement; Filip Gydé To Become CEO In March 2019
Thursday, 20 Dec 2018 

Dec 20 (Reuters) - Computer Task Group Inc ::CTG ANNOUNCES CEO BUD CRUMLISH’S RETIREMENT; FILIP GYDÉ TO BECOME CEO IN MARCH 2019.SAYS CEO AND PRESIDENT ARTHUR W. CRUMLISH TO RETIRE.GYDÉ WILL ALSO SERVE AS A MEMBER OF COMPANY'S BOARD.GYDÉ CURRENTLY SERVES AS PRESIDENT FOR CTG'S EUROPEAN OPERATIONS.  Full Article

Ctg Reports Q3 EPS $0.08
Thursday, 18 Oct 2018 

Oct 18 (Reuters) - Computer Task Group Inc ::CTG REPORTS 2018 THIRD QUARTER RESULTS.Q3 GAAP EARNINGS PER SHARE $0.08.Q3 REVENUE $90.3 MILLION VERSUS $74 MILLION.SEES Q4 REVENUE $89 TO $94 MILLION.SEES Q4 GAAP DILUTED EPS $0.03 TO $0.07.SEES Q4 NON-GAAP DILUTED EPS $0.06 TO $0.10.SEES 2018 FULL YEAR REVENUE $355 TO $360 MILLION.SEES 2018 FULL YEAR GAAP DILUTED EPS $0.21 TO $0.25.SEES 2018 FULL YEAR NON-GAAP DILUTED EPS $0.26 TO $0.30.  Full Article

Computer Task Group - On Oct 10, Entered Into A Second Amendment Agreement amending The Credit And Security Agreement Dated Dec 21, 2017
Monday, 15 Oct 2018 

Oct 15 (Reuters) - Computer Task Group Inc ::COMPUTER TASK GROUP - ON OCTOBER 10, ENTERED INTO A SECOND AMENDMENT AGREEMENT AMENDING THE CREDIT AND SECURITY AGREEMENT DATED DECEMBER 21, 2017.COMPUTER TASK GROUP - AMENDMENT PROVIDES FOR INCREASE IN INDEBTEDNESS FOR FOREIGN SUBSIDIARIES, IN AN AMOUNT NOT TO EXCEED 10 MILLION - SEC FILING.  Full Article

CTG Expands Share Repurchase Authorization By $10 Mln
Monday, 2 Apr 2018 

April 2 (Reuters) - Computer Task Group Inc ::CTG EXPANDS SHARE REPURCHASE AUTHORIZATION BY $10 MILLION.‍DIRECTORS AUTHORIZED CO'S REPURCHASE OF ADDITIONAL $10 MILLION OF CTG'S OUTSTANDING SHARES​.  Full Article

Computer Task Group Commences Modified Dutch Auction Tender Offer
Friday, 16 Mar 2018 

March 16 (Reuters) - Computer Task Group Inc ::COMPUTER TASK GROUP, INCORPORATED COMMENCES MODIFIED DUTCH AUCTION TENDER OFFER TO REPURCHASE UP TO 1,530,990 SHARES OF ITS COMMON STOCK.  Full Article