Computer Task Group Key Executives
This section highlights Computer Task Group's key executives, including their titles and compensation details.
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Computer Task Group Earnings
This section highlights Computer Task Group's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.
Next Earnings Date
Last Earnings Results
Earnings Call Transcripts
| Transcript | Quarter | Year | Date | Estimated EPS | Actual EPS |
|---|---|---|---|---|---|
| Read Transcript | Q1 | 2023 | 2023-05-14 | N/A | N/A |
Financial Statements
Access annual & quarterly financial statements for Computer Task Group, including income statements, balance sheets, and cash flow statements..
Annual Income Statement
| Breakdown | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 |
|---|---|---|---|---|---|
| Revenue | $325.08M | $392.29M | $366.09M | $394.17M | $358.77M |
| Cost of Revenue | $245.00M | $305.83M | $289.13M | $319.13M | $290.28M |
| Gross Profit | $80.08M | $86.45M | $76.96M | $75.03M | $68.49M |
| Gross Profit Ratio | 24.63% | 22.00% | 21.02% | 19.04% | 19.09% |
| Research and Development Expenses | $254.00K | $476.00K | $855.00K | $- | $- |
| General and Administrative Expenses | $- | $- | $- | $- | $- |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $69.00M | $73.71M | $67.83M | $68.00M | $66.41M |
| Other Expenses | $-1.52M | $-1.00M | $-280.00K | $-743.00K | $-618.00K |
| Operating Expenses | $69.00M | $73.71M | $67.83M | $68.00M | $66.41M |
| Cost and Expenses | $314.00M | $379.54M | $356.96M | $387.14M | $356.69M |
| Interest Income | $359.00K | $587.00K | $506.00K | $311.00K | $223.00K |
| Interest Expense | $1.88M | $1.59M | $786.00K | $934.00K | $841.00K |
| Depreciation and Amortization | $3.00M | $3.17M | $1.50M | $3.27M | $2.54M |
| EBITDA | $14.07M | $15.91M | $14.76M | $7.03M | $5.65M |
| EBITDA Ratio | 4.33% | 4.06% | 2.90% | 2.61% | 1.06% |
| Operating Income | $11.08M | $12.74M | $9.13M | $7.03M | $2.08M |
| Operating Income Ratio | 3.41% | 3.25% | 2.49% | 1.78% | 0.58% |
| Total Other Income Expenses Net | $-1.52M | $-1.00M | $1.53M | $-743.00K | $189.00K |
| Income Before Tax | $9.55M | $11.74M | $10.66M | $6.29M | $2.27M |
| Income Before Tax Ratio | 2.94% | 2.99% | 2.91% | 1.60% | 0.63% |
| Income Tax Expense | $2.94M | $-1.99M | $3.02M | $2.16M | $5.09M |
| Net Income | $6.61M | $13.73M | $7.64M | $4.12M | $-2.82M |
| Net Income Ratio | 2.03% | 3.50% | 2.09% | 1.05% | -0.79% |
| EPS | $0.46 | $0.99 | $0.56 | $0.31 | $-0.20 |
| EPS Diluted | $0.44 | $0.92 | $0.53 | $0.29 | $-0.20 |
| Weighted Average Shares Outstanding | 14.44M | 14.92M | 14.41M | 13.45M | 13.80M |
| Weighted Average Shares Outstanding Diluted | 15.16M | 14.97M | 14.43M | 14.00M | 13.80M |
| SEC Filing | Source | Source | Source | Source | Source |
| Breakdown | September 29, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | July 01, 2022 | April 01, 2022 | December 31, 2021 | October 01, 2021 | July 02, 2021 | April 02, 2021 | December 31, 2020 | September 25, 2020 | June 26, 2020 | March 27, 2020 | December 31, 2019 | September 27, 2019 | June 28, 2019 | March 29, 2019 | December 31, 2018 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $71.29M | $74.59M | $78.20M | $77.90M | $75.00M | $82.76M | $89.42M | $112.39M | $90.60M | $92.16M | $97.13M | $101.35M | $88.65M | $89.15M | $86.95M | $99.32M | $97.20M | $100.41M | $97.24M | $93.13M |
| Cost of Revenue | $51.82M | $53.59M | $58.07M | $56.40M | $56.77M | $63.01M | $68.82M | $87.38M | $70.31M | $71.78M | $76.36M | $79.72M | $69.10M | $70.41M | $69.90M | $79.08M | $78.46M | $82.07M | $79.52M | $75.39M |
| Gross Profit | $19.47M | $21.00M | $20.14M | $21.50M | $18.23M | $19.75M | $20.59M | $25.01M | $20.29M | $20.38M | $20.77M | $21.63M | $19.55M | $18.74M | $17.05M | $20.24M | $18.74M | $18.34M | $17.72M | $17.74M |
| Gross Profit Ratio | 27.30% | 28.10% | 25.70% | 27.60% | 24.30% | 23.90% | 23.00% | 22.30% | 22.40% | 22.10% | 21.40% | 21.34% | 22.05% | 21.02% | 19.60% | 20.38% | 19.28% | 18.26% | 18.22% | 19.05% |
| Research and Development Expenses | $- | $- | $- | $121.00K | $27.00K | $- | $- | $128.00K | $95.00K | $- | $- | $968.00K | $91.00K | $- | $- | $277.00K | $126.00K | $- | $- | $100.00K |
| General and Administrative Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $20.07M | $20.71M | $19.43M | $19.05M | $15.98M | $16.58M | $17.40M | $19.87M | $17.59M | $17.58M | $18.67M | $18.30M | $17.72M | $16.82M | $14.98M | $17.71M | $17.22M | $16.48M | $16.59M | $18.53M |
| Other Expenses | $- | $-364.00K | $-230.00K | $-488.00K | $- | $-385.00K | $- | $-57.00K | $- | $-256.00K | $-150.00K | $156.00K | $-240.00K | $-5.00K | $-191.00K | $5.00K | $-202.00K | $-366.00K | $-180.00K | $-169.00K |
| Operating Expenses | $20.07M | $20.71M | $19.43M | $19.05M | $15.98M | $16.58M | $17.40M | $19.87M | $17.59M | $17.58M | $18.67M | $18.30M | $17.72M | $16.82M | $14.98M | $17.71M | $17.22M | $16.48M | $16.59M | $18.53M |
| Cost and Expenses | $71.89M | $74.30M | $77.50M | $75.45M | $72.75M | $79.59M | $86.22M | $107.25M | $87.90M | $89.36M | $95.03M | $98.02M | $86.82M | $87.23M | $84.88M | $96.79M | $95.68M | $98.56M | $96.11M | $93.92M |
| Interest Income | $50.00K | $72.00K | $128.00K | $36.00K | $133.00K | $99.00K | $91.00K | $256.00K | $137.00K | $110.00K | $84.00K | $285.00K | $87.00K | $131.00K | $3.00K | $201.00K | $34.00K | $2.00K | $74.00K | $169.00K |
| Interest Expense | $545.00K | $436.00K | $358.00K | $524.00K | $525.00K | $484.00K | $348.00K | $313.00K | $679.00K | $366.00K | $234.00K | $129.00K | $327.00K | $136.00K | $194.00K | $76.00K | $236.00K | $368.00K | $254.00K | $- |
| Depreciation and Amortization | $995.00K | $918.00K | $837.00K | $948.00K | $784.00K | $684.00K | $807.00K | $721.00K | $766.00K | $831.00K | $854.00K | $733.00K | $935.00K | $825.00K | $816.00K | $846.00K | $1.06M | $688.00K | $677.00K | $632.00K |
| EBITDA | $441.00K | $1.20M | $1.54M | $2.45M | $3.04M | $3.17M | $4.01M | $5.86M | $3.60M | $3.63M | $3.04M | $4.37M | $2.19M | $1.53M | $2.88M | $2.53M | $1.52M | $1.85M | $1.80M | $-326.00K |
| EBITDA Ratio | 0.62% | 1.61% | 1.97% | 3.15% | 4.05% | 3.83% | 4.48% | 5.22% | 3.98% | 3.94% | 3.04% | 3.98% | 2.46% | 1.71% | 3.32% | 3.40% | 1.57% | 1.85% | 1.86% | -0.17% |
| Operating Income | $-604.00K | $285.00K | $707.00K | $1.50M | $2.25M | $2.49M | $3.20M | $5.14M | $2.70M | $2.80M | $2.10M | $3.33M | $1.82M | $1.91M | $2.07M | $2.53M | $1.52M | $1.85M | $1.13M | $-789.00K |
| Operating Income Ratio | -0.85% | 0.38% | 0.90% | 1.93% | 3.00% | 3.01% | 3.58% | 4.57% | 2.98% | 3.04% | 2.16% | 3.28% | 2.06% | 2.15% | 2.38% | 2.55% | 1.57% | 1.85% | 1.16% | -0.85% |
| Total Other Income Expenses Net | $-495.00K | $-364.00K | $-230.00K | $-488.00K | $-392.00K | $-385.00K | $-257.00K | $-57.00K | $-542.00K | $-256.00K | $-150.00K | $180.00K | $334.00K | $1.21M | $-191.00K | $5.00K | $-202.00K | $-366.00K | $-180.00K | $-169.00K |
| Income Before Tax | $-1.10M | $-79.00K | $477.00K | $1.96M | $1.86M | $2.79M | $2.94M | $5.08M | $2.16M | $2.54M | $1.95M | $3.50M | $2.16M | $3.12M | $1.88M | $2.53M | $1.32M | $1.49M | $947.00K | $-958.00K |
| Income Before Tax Ratio | -1.54% | -0.11% | 0.61% | 2.52% | 2.48% | 3.37% | 3.29% | 4.52% | 2.38% | 2.76% | 2.01% | 3.46% | 2.43% | 3.50% | 2.16% | 2.55% | 1.36% | 1.48% | 0.97% | -1.03% |
| Income Tax Expense | $-228.00K | $51.00K | $162.00K | $736.00K | $759.00K | $748.00K | $702.00K | $-3.63M | $488.00K | $712.00K | $440.00K | $1.60M | $-673.00K | $1.36M | $732.00K | $862.00K | $443.00K | $544.00K | $315.00K | $4.30M |
| Net Income | $-871.00K | $-130.00K | $315.00K | $1.23M | $1.10M | $2.04M | $2.24M | $8.72M | $1.67M | $1.83M | $1.51M | $1.91M | $2.83M | $1.76M | $1.14M | $1.67M | $879.00K | $943.00K | $632.00K | $-5.26M |
| Net Income Ratio | -1.22% | -0.17% | 0.40% | 1.58% | 1.47% | 2.46% | 2.51% | 7.76% | 1.85% | 1.99% | 1.55% | 1.88% | 3.19% | 1.97% | 1.32% | 1.68% | 0.90% | 0.94% | 0.65% | -5.65% |
| EPS | $-0.06 | $-0.01 | $0.02 | $0.08 | $0.08 | $0.13 | $0.15 | $0.62 | $0.12 | $0.13 | $0.11 | $0.14 | $0.21 | $0.13 | $0.08 | $0.12 | $0.07 | $0.07 | $0.05 | $-0.39 |
| EPS Diluted | $-0.06 | $-0.01 | $0.02 | $0.08 | $0.07 | $0.13 | $0.15 | $0.58 | $0.11 | $0.12 | $0.10 | $0.13 | $0.20 | $0.12 | $0.08 | $0.12 | $0.06 | $0.07 | $0.05 | $-0.39 |
| Weighted Average Shares Outstanding | 14.90M | 14.83M | 14.70M | 14.66M | 14.48M | 14.42M | 14.93M | 14.15M | 14.01M | 13.85M | 13.70M | 13.67M | 13.65M | 13.61M | 13.55M | 13.51M | 13.47M | 13.44M | 13.38M | 13.35M |
| Weighted Average Shares Outstanding Diluted | 14.90M | 14.83M | 15.35M | 15.37M | 15.16M | 15.12M | 14.98M | 15.10M | 14.94M | 14.97M | 14.94M | 14.70M | 14.40M | 14.28M | 14.32M | 14.24M | 14.04M | 13.92M | 13.78M | 13.35M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Annual Balance Sheet
| Breakdown | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 |
|---|---|---|---|---|---|
| Cash and Cash Equivalents | $25.14M | $35.58M | $32.87M | $10.78M | $12.43M |
| Short Term Investments | $- | $- | $- | $- | $- |
| Cash and Short Term Investments | $25.14M | $35.58M | $32.87M | $10.78M | $12.43M |
| Net Receivables | $70.98M | $84.25M | $76.05M | $88.77M | $81.31M |
| Inventory | $- | $- | $- | $1 | $- |
| Other Current Assets | $3.77M | $2.93M | $3.38M | $2.29M | $2.27M |
| Total Current Assets | $99.89M | $122.77M | $112.30M | $101.85M | $96.02M |
| Property Plant Equipment Net | $23.57M | $27.37M | $27.63M | $27.32M | $5.66M |
| Goodwill | $36.00M | $19.68M | $21.27M | $16.68M | $11.66M |
| Intangible Assets | $12.94M | $7.28M | $9.10M | $8.44M | $5.94M |
| Goodwill and Intangible Assets | $48.94M | $26.96M | $30.37M | $25.12M | $17.60M |
| Long Term Investments | $116.00K | $47.00K | $208.00K | $192.00K | $192.00K |
| Tax Assets | $2.89M | $4.95M | $393.00K | $453.00K | $767.00K |
| Other Non-Current Assets | $6.22M | $6.25M | $4.51M | $3.46M | $3.89M |
| Total Non-Current Assets | $81.73M | $65.57M | $63.12M | $56.55M | $28.10M |
| Other Assets | $- | $- | $- | $- | $- |
| Total Assets | $181.62M | $188.33M | $175.41M | $158.40M | $124.12M |
| Account Payables | $14.25M | $21.15M | $18.78M | $18.61M | $12.39M |
| Short Term Debt | $5.91M | $6.44M | $6.43M | $5.79M | $18.56M |
| Tax Payables | $212.00K | $- | $- | $- | $- |
| Deferred Revenue | $5.48M | $4.76M | $3.10M | $1.70M | $2.88M |
| Other Current Liabilities | $26.08M | $32.63M | $31.99M | $30.63M | $10.34M |
| Total Current Liabilities | $51.93M | $64.98M | $60.30M | $56.74M | $44.16M |
| Long Term Debt | $24.93M | $31.22M | $31.13M | $20.64M | $3.64M |
| Deferred Revenue Non-Current | $- | $-1.79M | $-5.50M | $-2.10M | $-1.63M |
| Deferred Tax Liabilities Non-Current | $1.48M | $1.79M | $5.50M | $2.10M | $1.63M |
| Other Non-Current Liabilities | $-2.71M | $-4.10M | $4.47M | $12.88M | $12.09M |
| Total Non-Current Liabilities | $23.71M | $28.91M | $35.60M | $35.42M | $15.73M |
| Other Liabilities | $- | $- | $- | $- | $- |
| Total Liabilities | $75.64M | $93.90M | $95.90M | $92.16M | $59.89M |
| Preferred Stock | $- | $- | $- | $- | $- |
| Common Stock | $270.00K | $270.00K | $270.00K | $270.00K | $270.00K |
| Retained Earnings | $114.65M | $108.04M | $94.31M | $86.67M | $82.55M |
| Accumulated Other Comprehensive Income Loss | $-15.31M | $-16.94M | $-15.37M | $-18.54M | $-14.61M |
| Other Total Stockholders Equity | $6.36M | $3.06M | $293.00K | $-2.17M | $-3.98M |
| Total Stockholders Equity | $105.98M | $94.44M | $79.51M | $66.24M | $64.23M |
| Total Equity | $105.98M | $94.44M | $79.51M | $66.24M | $64.23M |
| Total Liabilities and Stockholders Equity | $181.62M | $188.33M | $175.41M | $158.40M | $124.12M |
| Minority Interest | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $181.62M | $188.33M | $175.41M | $158.40M | $124.12M |
| Total Investments | $116.00K | $47.00K | $208.00K | $192.00K | $192.00K |
| Total Debt | $18.37M | $22.06M | $21.99M | $26.23M | $3.64M |
| Net Debt | $-6.77M | $-13.53M | $-10.87M | $15.45M | $-8.79M |
Balance Sheet Charts
| Breakdown | September 29, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | July 01, 2022 | April 01, 2022 | December 31, 2021 | October 01, 2021 | July 02, 2021 | April 02, 2021 | December 31, 2020 | September 25, 2020 | June 26, 2020 | March 27, 2020 | December 31, 2019 | September 27, 2019 | June 28, 2019 | March 29, 2019 | December 31, 2018 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $24.07M | $19.14M | $23.30M | $25.14M | $26.75M | $35.48M | $38.72M | $35.58M | $31.03M | $29.21M | $33.52M | $32.87M | $33.41M | $34.32M | $31.48M | $10.78M | $10.69M | $11.29M | $13.13M | $12.43M |
| Short Term Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Cash and Short Term Investments | $24.07M | $19.14M | $23.30M | $25.14M | $26.75M | $35.48M | $38.72M | $35.58M | $31.03M | $29.21M | $33.52M | $32.87M | $33.41M | $34.32M | $31.48M | $10.78M | $10.69M | $11.29M | $13.13M | $12.43M |
| Net Receivables | $64.58M | $70.46M | $71.89M | $70.98M | $68.42M | $76.62M | $74.67M | $84.25M | $82.64M | $81.78M | $74.47M | $76.05M | $74.91M | $79.13M | $71.16M | $88.77M | $86.87M | $91.23M | $86.61M | $81.31M |
| Inventory | $- | $- | $1 | $- | $1 | $- | $1 | $- | $- | $1 | $- | $- | $1 | $- | $1 | $1 | $- | $1 | $1 | $- |
| Other Current Assets | $4.93M | $4.99M | $5.02M | $3.77M | $3.41M | $3.15M | $3.06M | $2.93M | $3.33M | $3.95M | $3.91M | $3.38M | $3.26M | $2.36M | $4.77M | $2.29M | $4.46M | $4.67M | $3.06M | $2.27M |
| Total Current Assets | $93.57M | $94.59M | $100.20M | $99.89M | $98.58M | $115.25M | $116.46M | $122.77M | $116.99M | $114.93M | $111.91M | $112.30M | $111.58M | $115.81M | $107.41M | $101.85M | $102.03M | $107.19M | $102.80M | $96.02M |
| Property Plant Equipment Net | $25.52M | $25.12M | $24.09M | $23.57M | $21.99M | $23.38M | $25.54M | $27.37M | $28.38M | $28.68M | $29.68M | $27.63M | $26.19M | $25.52M | $25.41M | $27.32M | $19.84M | $18.30M | $18.21M | $5.66M |
| Goodwill | $35.49M | $36.24M | $36.23M | $36.00M | $38.91M | $18.10M | $19.17M | $19.68M | $20.10M | $20.55M | $20.41M | $21.27M | $20.20M | $19.97M | $19.70M | $16.68M | $17.20M | $19.49M | $19.15M | $11.66M |
| Intangible Assets | $11.64M | $12.21M | $12.63M | $12.94M | $5.62M | $6.22M | $6.84M | $7.28M | $7.71M | $8.16M | $8.39M | $9.10M | $9.00M | $7.74M | $7.98M | $8.44M | $8.60M | $5.50M | $5.63M | $5.94M |
| Goodwill and Intangible Assets | $47.13M | $48.45M | $48.86M | $48.94M | $44.53M | $24.32M | $26.01M | $26.96M | $27.81M | $28.71M | $28.81M | $30.37M | $29.20M | $27.71M | $27.69M | $25.12M | $25.80M | $24.99M | $24.77M | $17.60M |
| Long Term Investments | $174.00K | $155.00K | $136.00K | $116.00K | $97.00K | $80.00K | $64.00K | $47.00K | $47.00K | $221.00K | $213.00K | $208.00K | $193.00K | $187.00K | $167.00K | $192.00K | $192.00K | $193.00K | $196.00K | $192.00K |
| Tax Assets | $4.39M | $3.81M | $3.19M | $2.89M | $5.00M | $4.72M | $4.76M | $4.95M | $415.00K | $409.00K | $392.00K | $393.00K | $258.00K | $330.00K | $418.00K | $453.00K | $676.00K | $734.00K | $763.00K | $767.00K |
| Other Non-Current Assets | $7.13M | $6.52M | $6.14M | $6.22M | $6.30M | $6.26M | $6.10M | $6.25M | $6.34M | $6.20M | $4.50M | $4.51M | $4.24M | $3.74M | $3.51M | $3.46M | $3.84M | $3.68M | $3.65M | $3.89M |
| Total Non-Current Assets | $84.34M | $84.07M | $82.42M | $81.73M | $77.93M | $58.77M | $62.48M | $65.57M | $63.00M | $64.22M | $63.60M | $63.12M | $60.09M | $57.49M | $57.19M | $56.55M | $50.34M | $47.90M | $47.60M | $28.10M |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $177.91M | $178.66M | $182.62M | $181.62M | $176.51M | $174.02M | $178.94M | $188.33M | $179.99M | $179.16M | $175.50M | $175.41M | $171.67M | $173.30M | $164.60M | $158.40M | $152.36M | $155.08M | $150.40M | $124.12M |
| Account Payables | $9.66M | $14.39M | $15.11M | $14.25M | $11.77M | $13.54M | $12.44M | $21.15M | $11.87M | $15.33M | $14.31M | $18.78M | $15.04M | $15.58M | $15.76M | $18.61M | $10.96M | $12.59M | $11.54M | $12.39M |
| Short Term Debt | $6.19M | $5.58M | $5.98M | $5.91M | $5.29M | $5.84M | $6.20M | $6.44M | $6.64M | $6.46M | $6.43M | $6.43M | $6.03M | $5.29M | $5.77M | $5.79M | $5.41M | $5.04M | $4.61M | $18.56M |
| Tax Payables | $- | $68.00K | $513.00K | $212.00K | $1.06M | $351.00K | $197.00K | $- | $- | $- | $- | $- | $- | $1.21M | $467.00K | $- | $262.00K | $- | $- | $- |
| Deferred Revenue | $4.49M | $4.03M | $3.61M | $5.48M | $5.01M | $4.96M | $5.71M | $4.76M | $3.02M | $4.29M | $4.15M | $3.10M | $2.59M | $3.56M | $2.06M | $1.70M | $2.66M | $2.96M | $3.34M | $2.88M |
| Other Current Liabilities | $28.20M | $22.72M | $26.03M | $26.08M | $30.98M | $28.75M | $31.57M | $32.63M | $38.83M | $34.32M | $33.74M | $31.99M | $31.98M | $33.20M | $32.00M | $30.63M | $37.21M | $32.32M | $33.71M | $10.34M |
| Total Current Liabilities | $48.53M | $46.79M | $51.25M | $51.93M | $54.09M | $53.45M | $56.12M | $64.98M | $60.35M | $60.41M | $58.63M | $60.30M | $55.64M | $58.84M | $56.06M | $56.74M | $56.49M | $52.91M | $53.19M | $44.16M |
| Long Term Debt | $26.82M | $13.69M | $26.38M | $12.47M | $23.43M | $26.06M | $28.76M | $31.22M | $32.82M | $33.23M | $34.66M | $31.13M | $35.05M | $41.86M | $41.08M | $20.64M | $17.50M | $26.07M | $29.15M | $3.64M |
| Deferred Revenue Non-Current | $6.72M | $-1.36M | $- | $- | $1.35M | $- | $- | $-1.79M | $13.52M | $-5.24M | $-5.32M | $-5.50M | $-6.52M | $-1.91M | $-1.96M | $-2.10M | $-2.31M | $-1.49M | $-1.83M | $-1.63M |
| Deferred Tax Liabilities Non-Current | $1.23M | $1.36M | $1.38M | $1.48M | $1.35M | $1.51M | $1.67M | $1.79M | $5.15M | $5.24M | $5.32M | $5.50M | $6.52M | $1.91M | $1.96M | $2.10M | $2.31M | $1.49M | $1.83M | $1.63M |
| Other Non-Current Liabilities | $-4.25M | $9.06M | $-3.69M | $9.76M | $1.61M | $-2.30M | $-3.02M | $-4.10M | $545.00K | $2.72M | $2.14M | $4.47M | $5.27M | $500.00K | $-1.70M | $12.88M | $9.83M | $9.85M | $1.95M | $12.09M |
| Total Non-Current Liabilities | $23.80M | $24.11M | $24.07M | $23.71M | $26.39M | $25.27M | $27.41M | $28.91M | $35.18M | $35.95M | $36.80M | $35.60M | $40.33M | $44.26M | $41.35M | $35.42M | $29.64M | $36.13M | $32.93M | $15.73M |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $72.33M | $70.90M | $75.32M | $75.64M | $80.49M | $78.71M | $83.53M | $93.90M | $95.53M | $96.36M | $95.43M | $95.90M | $95.96M | $103.10M | $97.40M | $92.16M | $86.14M | $89.04M | $86.12M | $59.89M |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock | $270.00K | $270.00K | $270.00K | $270.00K | $270.00K | $270.00K | $270.00K | $270.00K | $270.00K | $270.00K | $270.00K | $270.00K | $270.00K | $270.00K | $270.00K | $270.00K | $270.00K | $270.00K | $270.00K | $270.00K |
| Retained Earnings | $113.97M | $114.84M | $114.97M | $114.65M | $113.42M | $112.32M | $110.28M | $108.04M | $99.33M | $97.65M | $95.82M | $94.31M | $92.41M | $89.58M | $87.82M | $86.67M | $85.00M | $84.12M | $83.18M | $82.55M |
| Accumulated Other Comprehensive Income Loss | $-15.75M | $-14.15M | $-14.32M | $-15.31M | $-23.30M | $-20.60M | $-17.94M | $-16.94M | $-17.50M | $-16.75M | $-17.06M | $-15.37M | $-16.55M | $-18.54M | $-19.18M | $-18.54M | $-16.27M | $-14.99M | $-15.39M | $-14.61M |
| Other Total Stockholders Equity | $7.09M | $6.79M | $6.39M | $6.36M | $5.62M | $3.31M | $2.79M | $3.06M | $2.37M | $1.63M | $1.05M | $293.00K | $-418.00K | $-1.11M | $-1.71M | $-2.17M | $-2.77M | $-3.36M | $-3.79M | $-3.98M |
| Total Stockholders Equity | $105.58M | $107.75M | $107.30M | $105.98M | $96.02M | $95.31M | $95.41M | $94.44M | $84.46M | $82.80M | $80.07M | $79.51M | $75.70M | $70.20M | $67.20M | $66.24M | $66.23M | $66.04M | $64.27M | $64.23M |
| Total Equity | $105.58M | $107.75M | $107.30M | $105.98M | $96.02M | $95.31M | $95.41M | $94.44M | $84.46M | $82.80M | $80.07M | $79.51M | $75.70M | $70.20M | $67.20M | $66.24M | $66.23M | $66.04M | $64.27M | $64.23M |
| Total Liabilities and Stockholders Equity | $177.91M | $178.66M | $182.62M | $181.62M | $176.51M | $174.02M | $178.94M | $188.33M | $179.99M | $179.16M | $175.50M | $175.41M | $171.67M | $173.30M | $164.60M | $158.40M | $152.36M | $155.08M | $150.40M | $124.12M |
| Minority Interest | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $177.91M | $178.66M | $182.62M | $181.62M | $176.51M | $174.02M | $178.94M | $188.33M | $179.99M | $179.16M | $175.50M | $175.41M | $171.67M | $173.30M | $164.60M | $158.40M | $152.36M | $155.08M | $150.40M | $124.12M |
| Total Investments | $174.00K | $155.00K | $136.00K | $116.00K | $97.00K | $80.00K | $64.00K | $47.00K | $47.00K | $221.00K | $213.00K | $208.00K | $193.00K | $187.00K | $167.00K | $192.00K | $192.00K | $193.00K | $196.00K | $192.00K |
| Total Debt | $19.60M | $19.27M | $19.85M | $18.37M | $17.00M | $18.87M | $20.58M | $22.06M | $23.05M | $23.07M | $23.76M | $21.99M | $26.56M | $32.22M | $32.31M | $26.23M | $23.67M | $29.83M | $25.84M | $3.64M |
| Net Debt | $-4.47M | $133.00K | $-3.45M | $-6.77M | $-9.75M | $-16.61M | $-18.15M | $-13.53M | $-7.98M | $-6.14M | $-9.76M | $-10.87M | $-6.86M | $-2.10M | $832.00K | $15.45M | $12.98M | $18.54M | $12.71M | $-8.79M |
Annual Cash Flow
| Breakdown | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 |
|---|---|---|---|---|---|
| Net Income | $6.61M | $13.73M | $7.64M | $4.12M | $-2.82M |
| Depreciation and Amortization | $3.00M | $3.17M | $3.31M | $3.27M | $2.54M |
| Deferred Income Tax | $19.00K | $-4.73M | $-370.00K | $-294.00K | $3.07M |
| Stock Based Compensation | $2.56M | $2.64M | $2.48M | $1.75M | $2.35M |
| Change in Working Capital | $148.00K | $-6.78M | $18.72M | $110.00K | $-3.80M |
| Accounts Receivables | $12.14M | $-10.30M | $16.96M | $-3.63M | $-8.72M |
| Inventory | $- | $-1.28M | $-1.21M | $686.00K | $1.60M |
| Accounts Payables | $-7.91M | $2.94M | $-577.00K | $3.86M | $30.00K |
| Other Working Capital | $-4.08M | $1.87M | $3.54M | $-813.00K | $3.29M |
| Other Non Cash Items | $-452.00K | $-624.00K | $-1.89M | $-427.00K | $-1.64M |
| Net Cash Provided by Operating Activities | $11.89M | $7.41M | $29.88M | $8.53M | $-303.00K |
| Investments in Property Plant and Equipment | $-1.47M | $-1.94M | $-2.88M | $-2.44M | $-2.25M |
| Acquisitions Net | $-18.21M | $- | $-4.32M | $-8.46M | $-13.78M |
| Purchases of Investments | $- | $- | $- | $- | $- |
| Sales Maturities of Investments | $- | $- | $- | $- | $- |
| Other Investing Activities | $-582.00K | $-531.00K | $3.08M | $-618.00K | $3.38M |
| Net Cash Used for Investing Activities | $-20.27M | $-2.47M | $-4.13M | $-11.52M | $-12.64M |
| Debt Repayment | $-187.00K | $- | $-5.66M | $1.73M | $-1.32M |
| Common Stock Issued | $-833.00K | $132.00K | $143.00K | $66.00K | $1.94M |
| Common Stock Repurchased | $-1.23M | $-399.00K | $-168.00K | $-172.00K | $-14.95M |
| Dividends Paid | $- | $- | $- | $- | $- |
| Other Financing Activities | $-1.00K | $-1.21M | $-168.00K | $1 | $28.94M |
| Net Cash Used Provided by Financing Activities | $-1.02M | $-1.07M | $-5.68M | $1.79M | $14.61M |
| Effect of Forex Changes on Cash | $-1.04M | $-1.15M | $2.01M | $-453.00K | $-403.00K |
| Net Change in Cash | $-10.44M | $2.72M | $22.08M | $-1.65M | $1.26M |
| Cash at End of Period | $25.14M | $35.58M | $32.87M | $10.78M | $12.43M |
| Cash at Beginning of Period | $35.58M | $32.87M | $10.78M | $12.43M | $11.17M |
| Operating Cash Flow | $11.89M | $7.41M | $29.88M | $8.53M | $-303.00K |
| Capital Expenditure | $-1.47M | $-1.94M | $-2.88M | $-2.44M | $-2.25M |
| Free Cash Flow | $10.41M | $5.47M | $27.00M | $6.09M | $-2.55M |
Cash Flow Charts
| Breakdown | September 29, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | July 01, 2022 | April 01, 2022 | December 31, 2021 | October 01, 2021 | July 02, 2021 | April 02, 2021 | December 31, 2020 | September 25, 2020 | June 26, 2020 | March 27, 2020 | December 31, 2019 | September 27, 2019 | June 28, 2019 | March 29, 2019 | December 31, 2018 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-871.00K | $-130.00K | $315.00K | $1.23M | $1.10M | $2.04M | $2.24M | $8.72M | $1.67M | $1.83M | $1.51M | $1.91M | $2.83M | $1.76M | $1.14M | $1.67M | $879.00K | $943.00K | $632.00K | $-5.35M |
| Depreciation and Amortization | $995.00K | $918.00K | $837.00K | $948.00K | $651.00K | $684.00K | $716.00K | $721.00K | $766.00K | $831.00K | $854.00K | $733.00K | $935.00K | $825.00K | $816.00K | $846.00K | $1.06M | $688.00K | $677.00K | $632.00K |
| Deferred Income Tax | $-640.00K | $-630.00K | $-460.00K | $157.00K | $-293.00K | $20.00K | $135.00K | $-4.46M | $-70.00K | $-104.00K | $-95.00K | $-257.00K | $-17.00K | $6.00K | $-102.00K | $6.00K | $-198.00K | $-349.00K | $247.00K | $3.48M |
| Stock Based Compensation | $210.00K | $522.00K | $345.00K | $694.00K | $693.00K | $603.00K | $573.00K | $666.00K | $702.00K | $682.00K | $590.00K | $678.00K | $656.00K | $637.00K | $512.00K | $587.00K | $468.00K | $444.00K | $249.00K | $659.00K |
| Change in Working Capital | $7.67M | $-2.84M | $-4.02M | $-3.35M | $7.58M | $-4.72M | $641.00K | $131.00K | $-561.00K | $-5.61M | $-737.00K | $1.87M | $1.75M | $-1.66M | $16.76M | $1.68M | $7.01M | $-7.07M | $-1.51M | $978.00K |
| Accounts Receivables | $4.94M | $1.49M | $-183.00K | $524.00K | $7.36M | $-4.27M | $8.53M | $-3.50M | $-544.00K | $-7.25M | $994.00K | $350.00K | $5.73M | $-7.31M | $18.19M | $-723.00K | $2.95M | $-4.21M | $-1.65M | $-119.00K |
| Inventory | $3.02M | $-1.06M | $- | $- | $- | $- | $- | $331.00K | $-1.35M | $779.00K | $-1.04M | $-848.00K | $-3.24M | $3.16M | $-282.00K | $4.01M | $-2.35M | $-821.00K | $-154.00K | $2.80M |
| Accounts Payables | $-4.64M | $-1.09M | $647.00K | $2.25M | $-2.96M | $1.26M | $-8.47M | $9.45M | $-3.35M | $973.00K | $-4.14M | $3.32M | $-1.03M | $-337.00K | $-2.53M | $7.34M | $-1.21M | $672.00K | $-2.94M | $2.83M |
| Other Working Capital | $4.35M | $-2.17M | $-4.48M | $-6.13M | $3.17M | $-1.71M | $578.00K | $-6.15M | $4.68M | $-108.00K | $3.45M | $-960.00K | $288.00K | $2.83M | $1.39M | $-8.94M | $7.62M | $-2.72M | $3.23M | $-4.53M |
| Other Non Cash Items | $22.00K | $122.00K | $415.00K | $-300.00K | $-55.00K | $-200.00K | $103.00K | $-595.00K | $-225.00K | $61.00K | $135.00K | $-501.00K | $-332.00K | $-1.11M | $48.00K | $-493.00K | $149.00K | $-46.00K | $-208.00K | $-4.40M |
| Net Cash Provided by Operating Activities | $7.39M | $-2.04M | $-2.57M | $-623.00K | $9.68M | $-1.57M | $4.41M | $5.18M | $2.28M | $-2.31M | $2.25M | $4.42M | $5.82M | $460.00K | $19.18M | $4.30M | $9.37M | $-5.39M | $86.00K | $-4.00M |
| Investments in Property Plant and Equipment | $-950.00K | $-775.00K | $-770.00K | $-710.00K | $-484.00K | $-219.00K | $-61.00K | $-493.00K | $-258.00K | $-298.00K | $-891.00K | $-1.02M | $-685.00K | $-493.00K | $-683.00K | $-1.20M | $-583.00K | $-380.00K | $-283.00K | $-371.00K |
| Acquisitions Net | $82.00K | $82.00K | $82.00K | $-1.64M | $-16.57M | $9.00K | $- | $- | $- | $- | $- | $- | $-329.00K | $-4.00M | $-4.00M | $-4.00K | $-8.46M | $-8.46M | $-8.46M | $- |
| Purchases of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Sales Maturities of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Investing Activities | $-404.00K | $-394.00K | $-9.00K | $3.00K | $-144.00K | $-441.00K | $- | $- | $-102.00K | $-429.00K | $- | $855.00K | $-472.00K | $6.67M | $25.00K | $-32.00K | $7.87M | $8.46M | $168.00K | $906.00K |
| Net Cash Used for Investing Activities | $-1.27M | $-1.09M | $-697.00K | $-2.35M | $-17.20M | $-660.00K | $-61.00K | $-493.00K | $-360.00K | $-727.00K | $-891.00K | $-169.00K | $-1.49M | $2.18M | $-4.65M | $-1.23M | $-1.17M | $-377.00K | $-8.57M | $535.00K |
| Debt Repayment | $30.00K | $-1.00M | $1.45M | $-187.00K | $-223.00K | $223.00K | $- | $- | $- | $- | $- | $-6.00M | $-6.00M | $- | $6.34M | $-3.23M | $-8.53M | $3.96M | $9.53M | $-27.57M |
| Common Stock Issued | $-539.00K | $515.00K | $-323.00K | $51.00K | $46.00K | $-86.00K | $-844.00K | $33.00K | $38.00K | $-102.00K | $163.00K | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock Repurchased | $- | $-181.00K | $-447.00K | $- | $-1.00K | $-258.00K | $-971.00K | $-10.00K | $- | $-293.00K | $-96.00K | $-8.00K | $- | $-79.00K | $-81.00K | $-19.00K | $- | $-59.00K | $-94.00K | $-72.00K |
| Dividends Paid | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Financing Activities | $-285.00K | $-628.00K | $- | $- | $- | $- | $- | $68.00K | $68.00K | $-1.34M | $- | $-168.00K | $- | $- | $- | $- | $- | $- | $- | $29.23M |
| Net Cash Used Provided by Financing Activities | $-794.00K | $-1.11M | $1.12M | $-137.00K | $-177.00K | $137.00K | $-844.00K | $101.00K | $106.00K | $-1.44M | $163.00K | $-5.97M | $-5.96M | $-44.00K | $6.29M | $-3.21M | $-8.41M | $3.94M | $9.47M | $5.61M |
| Effect of Forex Changes on Cash | $-389.00K | $76.00K | $302.00K | $1.50M | $-1.03M | $-1.15M | $-363.00K | $-230.00K | $-211.00K | $162.00K | $-868.00K | $1.17M | $720.00K | $242.00K | $-113.00K | $228.00K | $-386.00K | $-11.00K | $-285.00K | $-198.00K |
| Net Change in Cash | $4.93M | $-4.16M | $-1.84M | $-1.61M | $-8.73M | $-3.25M | $3.14M | $4.56M | $1.82M | $-4.32M | $659.00K | $-547.00K | $-907.00K | $2.84M | $20.70M | $88.00K | $-597.00K | $-1.84M | $698.00K | $1.94M |
| Cash at End of Period | $24.07M | $19.14M | $23.30M | $25.14M | $26.75M | $35.48M | $38.72M | $35.58M | $31.03M | $29.21M | $33.52M | $32.87M | $33.41M | $34.32M | $31.48M | $10.78M | $10.69M | $11.29M | $13.13M | $12.43M |
| Cash at Beginning of Period | $19.14M | $23.30M | $25.14M | $26.75M | $35.48M | $38.72M | $35.58M | $31.03M | $29.21M | $33.52M | $32.87M | $33.41M | $34.32M | $31.48M | $10.78M | $10.69M | $11.29M | $13.13M | $12.43M | $10.49M |
| Operating Cash Flow | $7.39M | $-2.04M | $-2.57M | $-623.00K | $9.68M | $-1.57M | $4.41M | $5.18M | $2.28M | $-2.31M | $2.25M | $4.42M | $5.82M | $460.00K | $19.18M | $4.30M | $9.37M | $-5.39M | $86.00K | $-4.00M |
| Capital Expenditure | $-950.00K | $-775.00K | $-770.00K | $-710.00K | $-484.00K | $-219.00K | $-61.00K | $-493.00K | $-258.00K | $-298.00K | $-891.00K | $-1.02M | $-685.00K | $-493.00K | $-683.00K | $-1.20M | $-583.00K | $-380.00K | $-283.00K | $-371.00K |
| Free Cash Flow | $6.44M | $-2.81M | $-3.34M | $-1.33M | $9.19M | $-1.79M | $4.35M | $4.68M | $2.03M | $-2.60M | $1.36M | $3.40M | $5.13M | $-33.00K | $18.50M | $3.10M | $8.78M | $-5.77M | $-197.00K | $-4.38M |
Computer Task Group, Incorporated, together with its subsidiaries, offers information and technology services in North America, South America, Western Europe, and India. 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, which include advisory, data strategy, digital workplace, enterprise platforms, information disclosure, and regulatory and compliance services; technology transformation solutions, such as application development, automation, cloud, data management, enterprise platform implementation, and testing services; and operations transformation solutions consisting of application support, IT operations support, cloud, and infrastructure. It also provides staffing services, including managed staffing, staff augmentation, and volume staffing services. The company serves financial services, healthcare, manufacturing, and energy industries, as well as technology service providers. Computer Task Group, Incorporated was incorporated in 1966 and is headquartered in Amherst, New York.
$10.50
Stock Price
$168.99M
Market Cap
3.20K
Employees
Amherst, NY
Location
Revenue (FY 2022)
$325.08M
-17.1% YoY
Net Income (FY 2022)
$6.61M
-51.9% YoY
EPS (FY 2022)
$0.44
-52.2% YoY
Free Cash Flow (FY 2022)
$10.41M
90.3% YoY
Profitability
Gross Margin
24.6%
Net Margin
2.0%
ROE
6.2%
ROA
3.6%
Valuation
P/E Ratio
16.52
P/S Ratio
0.34
EV/EBITDA
7.28
Market Cap
$168.99M
Revenue & Net Income
Profit Margins
Cash Flow Summary
Operating Cash Flow
$11.89M
60.4% YoY
Free Cash Flow
$10.41M
90.3% YoY
Balance Sheet Summary
Total Assets
$181.62M
-3.6% YoY
Total Debt
$18.37M
16.7% YoY
Shareholder Equity
$105.98M
16.0% YoY
Dividend Overview
$0.06
Latest Dividend
%
Dividend Yield
%
Payout Ratio
Recent Dividend History
| Date | Amount | Type |
|---|---|---|
| 2016-09-22 | $0.06 | September 22, 16 |
| 2016-06-20 | $0.06 | June 20, 16 |
| 2016-03-21 | $0.06 | March 21, 16 |
| 2015-12-21 | $0.06 | December 21, 15 |
| 2015-09-21 | $0.06 | September 21, 15 |
| 2015-06-18 | $0.06 | June 18, 15 |
| 2015-03-18 | $0.06 | March 18, 15 |
| 2014-12-17 | $0.06 | December 17, 14 |
| 2014-09-18 | $0.06 | September 18, 14 |
| 2014-06-13 | $0.06 | June 13, 14 |
Computer Task Group Dividends
Explore Computer Task Group's dividend history, including dividend yield, payout ratio, and historical payments.
Dividend Yield
-
Dividend Payout Ratio
-
Dividend Paid & Capex Coverage Ratio
8.06x
Computer Task Group Dividend History
| Dividend | Adjusted Dividend | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $0.06 | $0.06 | September 22, 2016 | September 26, 2016 | October 07, 2016 | September 15, 2016 |
| $0.06 | $0.06 | June 20, 2016 | June 22, 2016 | July 06, 2016 | May 06, 2016 |
| $0.06 | $0.06 | March 21, 2016 | March 23, 2016 | April 06, 2016 | February 23, 2016 |
| $0.06 | $0.06 | December 21, 2015 | December 23, 2015 | January 06, 2016 | November 13, 2015 |
| $0.06 | $0.06 | September 21, 2015 | September 23, 2015 | October 07, 2015 | September 10, 2015 |
| $0.06 | $0.06 | June 18, 2015 | June 22, 2015 | July 06, 2015 | May 19, 2015 |
| $0.06 | $0.06 | March 18, 2015 | March 20, 2015 | April 01, 2015 | February 24, 2015 |
| $0.06 | $0.06 | December 17, 2014 | December 19, 2014 | January 02, 2015 | December 01, 2014 |
| $0.06 | $0.06 | September 18, 2014 | September 22, 2014 | October 01, 2014 | September 11, 2014 |
| $0.06 | $0.06 | June 13, 2014 | June 17, 2014 | July 01, 2014 | May 08, 2014 |
| $0.06 | $0.06 | March 17, 2014 | March 19, 2014 | April 01, 2014 | February 25, 2014 |
| $0.05 | $0.05 | December 12, 2013 | December 16, 2013 | January 02, 2014 | November 14, 2013 |
| $0.05 | $0.05 | September 18, 2013 | September 20, 2013 | October 01, 2013 | September 11, 2013 |
| $0.05 | $0.05 | June 12, 2013 | June 14, 2013 | July 01, 2013 | May 09, 2013 |
| $0.05 | $0.05 | March 20, 2013 | March 22, 2013 | April 01, 2013 | February 19, 2013 |
| $0.05 | $0.05 | May 08, 2001 | |||
| $0.05 | $0.05 | May 08, 2000 | May 10, 2000 | May 26, 2000 | April 26, 2000 |
| $0.05 | $0.05 | May 06, 1999 | May 10, 1999 | May 28, 1999 | April 28, 1999 |
| $0.05 | $0.05 | May 07, 1998 | May 11, 1998 | May 29, 1998 | April 29, 1998 |
| $0.1 | $0.05 | May 08, 1997 | May 12, 1997 | May 30, 1997 | April 30, 1997 |
Computer Task Group News
Read the latest news about Computer Task Group, including recent articles, headlines, and updates.
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”), has successfully completed its tender offer to purchase all outstanding shares of common stock of Computer Task Group, Incorporated (NASDAQ: CTG) (“CTG”), at a price of $10.50 per share, net to the seller in cash, without interest and less any applicable withholding taxes. CTG is a leader in North America and Western Europe, helping companies employ digital IT solutions and services to drive their productivity and profitability.
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 cash transaction valued at approximately $170 million. IT Solutions and Services segments represent 87% of total revenue in the third quarter, CTG's highest level to date.
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 today that Chicago Merger Sub, Inc. (“Merger Sub”), a wholly owned subsidiary of Cegeka, has extended the expiration date of its offer (the “Offer”) to acquire all of the outstanding shares of common stock of CTG, par value $0.01 per share (“Shares”), for $10.50 per Share, net to the seller in cash, without interest and less any applicable withholding taxes, pursuant to the Agreement and Plan of Merger, dated as of August 9, 2023, by and among Cegeka, CTG, and Merger Sub (the “Merger Agreement”).
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 productivity and profitability, announced today that the Company has been named to the 2023 United Kingdom's (UK) Best Workplaces in Tech™ list in the small employer category by Great Place To Work® UK.
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 Group, Incorporated (“CTG”) (NasdaqGS: CTG) to Cegeka Groep nv. Under the terms of the proposed transaction, shareholders of CTG will receive $10.50 in cash for each share of CTG that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or.
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 learn how to join the action https://www.ademilaw.com/case/computer-task-group-incorporated or call Guri Ademi toll-free at 866-264-3995.
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 is fair to Computer Task Group shareholders. Halper Sadeh encourages Computer Task Group shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation co.
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 productivity and profitability, today reported its financial results for the second quarter ended June 30, 2023.
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) (“CTG”), a leader in North America and Western Europe helping companies employ digital IT solutions and services to drive their productivity and profitability, today announced that they have entered into a definitive agreement under which Cegeka agreed to acquire CTG for $10.50 per share of common stock in an all-cash transaction, representing an implied equity value of approximately $170 million.
Computer Task Group Sees Flat Revenue Growth In 2023 As Sales Cycles Slow
Computer Task Group, Incorporated provides a range of IT and business consulting services to organizations. After a revenue decline in 2022, management believes 2023 revenue will be flat. Until the firm can reignite revenue growth and improve profitability, I'm Neutral [Hold] on Computer Task Group, Incorporated stock.
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 productivity and profitability, announced that it will release its second quarter 2023 results before the opening of financial markets on Wednesday, August 9, 2023.
Computer Task Group, Incorporated (CTG) Q1 2023 Earnings Call Transcript
Computer Task Group, Incorporated (NASDAQ:CTG ) Q1 2023 Earnings Conference Call May 9, 2023 11:00 AM ET Company Participants Craig Mychajluk - IR Filip. Gyde - President, CEO John Laubacker - CFO Conference Call Participants Kevin Liu - K.
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 America and Western Europe, announced that it will release its first quarter 2023 results before the opening of financial markets on Tuesday, May 9, 2023.
Computer Task Group Can't Seem To Compete With Lower-Cost Labor
CTG provides IT consulting services. The industry is very competitive, and labor represents the highest cost center. CTG was slow to adapt to the competitive threat represented by India's low-cost labor. Today, the company's labor costs are twice those of INFY and five times India's IT average.
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 productivity and profitability, today announced that Filip Gydé, President and Chief Executive Officer, and John Laubacker, Chief Financial Officer, will present at the Sidoti Spring 2023 Virtual Investor Conference on Thursday, March 23, 2023 at 9:15 a.m. Eastern Time.
Computer Task Group, Incorporated (CTG) Q4 2022 Earnings Call Transcript
Computer Task Group, Incorporated (NASDAQ:CTG ) Q4 2022 Earnings Conference Call February 23, 2023 11:00 AM ET Company Participants Craig Mychajluk - Investor Relations Filip Gydé - President and Chief Executive Officer John Laubacker - Chief Financial Officer Conference Call Participants Kevin Liu - K. Liu & Company Marc Riddick - Sidoti Operator Greetings and welcome to the CTG Fourth Quarter Fiscal Year 2022 Financial Results Conference Call.
CTG Announces Fourth Quarter and Full Year 2022 Financial
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 America and Western Europe, announced that it will release its fourth quarter and full year 2022 results before the opening of financial markets on Thursday, February […]...
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 America and Western Europe, announced that it will release its fourth quarter and full year 2022 results before the opening of financial markets on Thursday, February 23, 2023.
Computer Task Group, Incorporated (CTG) Q3 2022 Earnings Call Transcript
Computer Task Group, Incorporated (NASDAQ:CTG ) Q3 2022 Results Conference Call November 8, 2022 11:00 AM ET Company Participants Craig Mychajluk - IR Filip Gydé - President and CEO John Laubacker - CFO Conference Call Participants Kevin Liu - K. Liu & Company Marc Riddick - Sidoti Operator Greetings, and welcome to the CTG Inc. Third Quarter Fiscal Year 2022 Financial Results.
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