Company profile

Ticker
CTG
Exchange
CEO
Filip J. L. Gydé
Employees
Incorporated in
Location
Fiscal year end
SEC CIK
IRS number
160912632

CTG stock data

(
)

Calendar

9 Aug 19
25 Aug 19
31 Dec 19

News

Company financial data Financial data

Quarter (USD) Jun 19 Mar 19 Dec 18 Sep 18
Revenue 100.41M 97.24M 93.13M 90.26M
Net income 943K 632K -5.26M 1.09M
Diluted EPS 0.07 0.04 -0.39 0.09
Net profit margin 0.94% 0.65% -5.65% 1.21%
Operating income 1.85M 1.13M -789K 765K
Net change in cash 1.94M 769K
Cash on hand 11.29M 12.43M 10.49M
Annual (USD) Dec 18 Dec 17 Dec 16 Dec 15
Revenue 358.77M 301.21M 324.89M 369.48M
Net income -2.82M 806K -34.64M 6.51M
Diluted EPS -0.2 0.05 -2.22 0.41
Net profit margin -0.79% 0.27% -10.66% 1.76%
Operating income 2.08M 4.17M -32.93M 10.64M
Net change in cash 1.26M 1.76M -1.39M -30.06M
Cash on hand 12.43M 11.17M 9.41M 10.8M

Financial data from company earnings reports

Financial report summary

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Competition
CDICOMSYS IT PartnersPerficientInfologix
Management Discussion
  • Reimbursable expenses billed to clients and included in revenue totaled $3.2 million and $3.3 million in 2018 and 2017, respectively.
  • The revenue increase in North America in 2018 as compared with 2017 was primarily due to a significant increase in demand for the Company's IT solutions business, primarily in our healthcare vertical market, and a modest increase in demand for our IT staffing business, primarily in our technology services provider vertical market. The revenue increase in Europe is primarily due to strong demand for the Company’s services in the European markets we serve, and the acquisition of Soft Company on February 15, 2018, which has an annual revenue of approximately $30 million.
  • On a consolidated basis, IT solutions revenue increased $21.7 million or 23.7% in 2018 as compared with 2017. 2018 The increase is primarily due to an increase in IT solutions services in Europe and the addition of Soft Company, which was acquired on February 15, 2018. Soft Company primarily specializes in providing IT services to finance, insurance, telecom, and media services companies. The increase was also due in part to our strategy to shift to non-electronic health records (EHR) services in our healthcare vertical market. The Company expanded its healthcare IT business development team in 2018 with individuals who have experience selling healthcare IT services such as advisory and technical services, outsourcing, and staff augmentation. This team was successful in driving revenue growth in this vertical market and expanding the non-EHR healthcare related services we provide.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. sophomore Avg
New words: August, preliminarily, small, unaudited
Removed: announced, April, bring, concurrently, connection, convert, entered, execution, functional, Increasing, making, October, Opportunity, recipient, reduced, repaid, replaced, Research, terminated, WOTC