Computer Task Group, Incorporated (CTG)

Dec 13, 2023 - CTG was delisted (reason: acquired by Cegeka)
10.50
0.00 (0.00%)
Last trade price
Market Cap 168.99M
Revenue (ttm) 301.98M
Net Income (ttm) 541,000
Shares Out 16.09M
EPS (ttm) 0.03
PE Ratio 350.00
Forward PE 17.04
Dividend n/a
Ex-Dividend Date n/a
Volume 49,273
Open 10.49
Previous Close 10.50
Day's Range 10.49 - 10.50
52-Week Range 6.05 - 10.50
Beta 0.83
Analysts n/a
Price Target n/a
Earnings Date Nov 8, 2023

About CTG

Computer Task Group, Incorporated, together with its subsidiaries, offers information and technology-related services in North America and Europe. It operates through three segments: North America IT Solutions and Services, Europe IT Solutions and Services, and Non-Strategic Technology Services. The company offers business process transformation solutions, including advisory, data strategy, digital workplace, enterprise platforms, information disclosure, and regulatory and compliance services; technology transformation solutions, such as applic... [Read more]

Sector Technology
Founded 1966
Employees 2,800
Stock Exchange NASDAQ
Ticker Symbol CTG
Full Company Profile

Financial Performance

In 2022, CTG's revenue was $325.08 million, a decrease of -17.13% compared to the previous year's $392.29 million. Earnings were $6.61 million, a decrease of -51.86%.

Financial Statements

News

Cegeka Successfully Completes the Tender Offer for Computer Task Group, Incorporated

HASSELT, Belgium and LIMBURG, the Netherlands, Dec. 13, 2023 (GLOBE NEWSWIRE) -- Cegeka Groep NV (“Cegeka”) announced today that its wholly owned subsidiary, Chicago Merger Sub, Inc. (“Merger Sub”), h...

18 days ago - GlobeNewsWire

CTG IT Solutions and Services Segments Gross Margin Improved 40 Basis Points to 29.5% in Third Quarter 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 cas...

7 weeks ago - GlobeNewsWire

Cegeka and CTG Announce Extension of Tender Offer for All Outstanding Shares of CTG

HASSELT, Belgium and LIMBURG, The Netherlands and BUFFALO, N.Y., Nov. 03, 2023 (GLOBE NEWSWIRE) -- Cegeka Groep NV (“Cegeka”) and Computer Task Group, Incorporated (NASDAQ: CTG) (“CTG”) announced toda...

2 months ago - GlobeNewsWire

CTG Recognized as One of the UK's Best Workplaces in Tech™

BUFFALO, N.Y., Sept. 05, 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 ...

4 months ago - GlobeNewsWire

COMPUTER TASK GROUP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Computer Task Group, Incorporated - CTG

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Computer Task Gr...

4 months ago - Business Wire

Shareholder Alert: Ademi LLP investigates whether Computer Task Group, Incorporated has obtained a Fair Price in its transaction with Cegeka

MILWAUKEE , Aug. 9, 2023 /PRNewswire/ -- Ademi LLP is investigating CTG (Nasdaq: CTG) for possible breaches of fiduciary duty and other violations of law in its transaction with Cegeka. Click here to ...

5 months ago - PRNewsWire

CTG Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Computer Task Group, Inc. Is Fair to Shareholders

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Computer Task Group, Inc. (NASDAQ: CTG) to Cegeka Groep NV for $10.50 per share in cash i...

5 months ago - Business Wire

CTG IT Solutions and Services Segments Gross Margin Improved 170 Basis Points to 30.7% in Second Quarter 2023, Cegeka to Acquire CTG for $10.50 Per Share

BUFFALO, N.Y., Aug. 09, 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 p...

5 months ago - GlobeNewsWire

Cegeka to Acquire CTG for $10.50 Per Share, Enhancing Value to Customers Across North America and Europe

HASSELT, Belgium/Limburg and BUFFALO, N.Y., Aug. 09, 2023 (GLOBE NEWSWIRE) -- Cegeka Groep nv (“Cegeka”), a leading European IT solutions company, and Computer Task Group, Incorporated (Nasdaq: CTG) (...

5 months ago - GlobeNewsWire

CTG Announces Second Quarter 2023 Financial Results Conference Call and Webcast

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 product...

5 months ago - GlobeNewsWire

Fortune Media and Great Place To Work Name CTG to 2023 Fortune Best Workplaces in New York

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 p...

7 months ago - GlobeNewsWire

CTG IT Solutions and Services Segments Gross Margin Improved to 28.9% in First Quarter 2023

BUFFALO, N.Y., May 09, 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 pr...

8 months ago - GlobeNewsWire

CTG Announces First Quarter 2023 Financial Results Conference Call and Webcast

BUFFALO, N.Y., April 25, 2023 (GLOBE NEWSWIRE) -- CTG (Nasdaq: CTG) (“Company”), a leader in helping companies employ digital IT solutions and services to drive productivity and profitability in North...

8 months ago - GlobeNewsWire

CTG to Webcast Presentation at the Sidoti Spring 2023 Virtual Investor Conference

BUFFALO, N.Y., March 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 ...

10 months ago - GlobeNewsWire

CTG IT Solutions and Services Segments Deliver Gross Margin of 31.8% for Fourth Quarter 2022

BUFFALO, N.Y., Feb. 23, 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 p...

11 months ago - GlobeNewsWire

CTG Announces Fourth Quarter and Full Year 2022 Financial Results Conference Call and Webcast

BUFFALO, N.Y., Feb. 09, 2023 (GLOBE NEWSWIRE) -- CTG (Nasdaq: CTG) (“Company”), a leader in helping companies employ digital IT solutions and services to drive productivity and profitability in North ...

11 months ago - GlobeNewsWire

CTG Announces Addition of Herman Kalra as Chief People Officer; Focus on Driving High-Performance Culture

Experienced people leader to drive future strategy for an increasingly global and distributed workforce Experienced people leader to drive future strategy for an increasingly global and distributed wo...

1 year ago - GlobeNewsWire

CTG Announces Changes in European Executive Leadership

Rénald Wauthier, Senior Vice President, Leaves Organization; Bob Daelman Appointed to Lead Business Operations in Europe

1 year ago - GlobeNewsWire

CTG Margins Expand in Third Quarter 2022 with Continued Transformation into Digital Solutions and Services Business

BUFFALO, N.Y., Nov. 08, 2022 (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 p...

1 year ago - GlobeNewsWire

CTG Announces Third Quarter 2022 Financial Results Conference Call and Webcast

BUFFALO, N.Y., Oct. 25, 2022 (GLOBE NEWSWIRE) -- CTG (Nasdaq: CTG) (“Company”), a leader in helping companies employ digital IT solutions and services to drive productivity and profitability in North ...

1 year ago - GlobeNewsWire

Chuck Royce's Firm Ups 2 Positions in September

Royce Investment Partners revealed earlier this week it added to two holdings.

Other symbols: FORR
1 year ago - GuruFocus

CTG Acquires Eleviant Tech to Accelerate Digital Transformation Strategy and Portfolio Innovation

Acquisition Expands CTG's Global Network of Offshore Delivery Centers and Digital Solutions Acquisition Expands CTG's Global Network of Offshore Delivery Centers and Digital Solutions

1 year ago - GlobeNewsWire

CTG to Webcast Presentation at the Sidoti Small-Cap Virtual Conference

BUFFALO, N.Y., Sept. 15, 2022 (GLOBE NEWSWIRE) -- CTG (Nasdaq: CTG) (“Company”), a leader in helping companies employ digital IT solutions and services to drive productivity and profitability in North...

1 year ago - GlobeNewsWire

CTG Reports 11% Net Income Growth on Lower Revenue in Second Quarter 2022 as Strong Execution of Strategy Drives Strengthened Margin Profile

BUFFALO, N.Y., Aug. 04, 2022 (GLOBE NEWSWIRE) -- CTG (Nasdaq: CTG) (“Company”), a leader in helping companies employ digital IT solutions and services to drive productivity and profitability in North ...

1 year ago - GlobeNewsWire

CTG Announces Second Quarter 2022 Financial Results Conference Call and Webcast

BUFFALO, N.Y., July 21, 2022 (GLOBE NEWSWIRE) -- CTG (Nasdaq: CTG) (“Company”), a leader in helping companies employ digital IT solutions and services to drive productivity and profitability in North ...

1 year ago - GlobeNewsWire