Computer Task Group rises after Q1 revenue beat

Computer Task

18/04/2019 17:02

** IT solutions and staffing services  CTG.O  shares up 1.3%
at $4.23 after co beats Q1 revenue estimates
    ** Forecasts FY19 revenue between $380 mln-$410 mln, the
mid-point of which comes slightly above est
    ** Attributes revenue rise to Tech-IT and Soft Company
acquisitions  urn:newsml:reuters.com:*:nGNX38Qb6Y
    ** Bought Tech-IT in Feb. 2019 and Soft Company in Feb. 2018
    ** Stock up 3.7% YTD, after dropping 20% last year

 (Reporting by Vibhuti Sharma in Bengaluru)
 ((RM: vibhuti.sharma.thomsonreuters.com@reuters.net))