| (USD) | Sep 2023 | Q/Q |
|---|---|---|
| Revenue | 71.3MM | -4% |
| Gross Profit | 19.5MM | -7% |
| Cost Of Revenue | 51.8MM | - |
| Operating Income | -604K | -312% |
| Operating Expenses | 20.1MM | - |
| Net Income | -871K | - |
| G&A | 20.1MM | -3% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
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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 Am
Revenue Declines as Company Focuses on Strategic IT Solutions and Services
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. Revenue of $71.3 million reflected intentional disengagement of $11.8 million from non-strategic technology services business.Gross m
Endava PLC Sponsored ADR (DAVA) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
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, wit
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. Through an anonymous survey, CTG employees shared that the Company’s people and collaborative cul
Computer Task Group (CTG) delivered earnings and revenue surprises of -7.14% and 5.23%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?
Cegeka to acquire CTG for $10.50 per share in a cash transaction valued at approximately $170 million. See the separate press release issued earlier today that announced this transaction.Software Engineering revenue in the second quarter of more than $30 million with gross margin of 32.7%IT Solutions and Services segments represent 86% of total revenue in the second quarter, CTG’s highest level to date IT Solutions and Services segments gross margin improved 170 basis points year-over-yearRevenu
Cegeka finds in CTG a partner that complements its customer and service portfolio and strengthens Cegeka’s capabilities and knowledge. Cegeka and CTG together can deliver enhanced value to customers across North America and Europe.Cegeka will acquire CTG for $10.50 per share in cash in a transaction valued at approximately $170 million. The acquisition is expected to bring Cegeka to an annual turnover in 2024 of €1.4 billion, employing over 9,000 people in 18 countries. HASSELT, Belgium/Limburg
Epam (EPAM) delivered earnings and revenue surprises of 12.82% and 1.13%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?