Brief: Ctg It Solutions And Services Segments Gross Margin Improved To 28.9% In Q1 2023

Computer Task

09/05/2023 13:02

May 9 (Reuters) - Computer Task Group Inc  CTG.O :
    * CTG IT SOLUTIONS AND SERVICES SEGMENTS GROSS
MARGIN IMPROVED TO
28.9% IN FIRST QUARTER 2023
    * COMPUTER TASK GROUP INC Q1 EARNINGS PER SHARE $0.02
    * COMPUTER TASK GROUP INC Q1 NON-GAAP EARNINGS PER SHARE
$0.08
    * COMPUTER TASK GROUP INC- MIDPOINT OF OUR CONSOLIDATED
REVENUE
OUTLOOK FOR 2023 IS UNCHANGED FROM LAST QUARTER
    * COMPUTER TASK GROUP INC- SLIGHTLY REDUCED MIDPOINT OF OUR
GAAP
AND NON-GAAP DILUTED EPS GUIDANCE FOR 2023 BY $0.02
    * COMPUTER TASK GROUP INC SEES 2023 REVENUE $310 MILLION TO
$340
MILLION
    * COMPUTER TASK GROUP INC - SEES 2023 NON-GAAP DILUTED EPS
$0.56
TO $0.64
    * COMPUTER TASK GROUP INC - SEES 2023 GAAP DILUTED EPS 
$0.34 TO
$0.42
    * COMPUTER TASK GROUP INC - QTRLY REVENUE OF $78.2 MILLION

Source text for Eikon:  ID:nGNXc5ZtLD 
Further company coverage:  CTG.O 

 ((Reuters.Briefs@thomsonreuters.com;))