Gains as Q2 revenue, profit rise

Computer Task

23/07/2019 17:46

** Shares of Computer Task Group Inc  CTG.O  rise 8.8% to
$4.41 after posting Q2 results
    ** IT solutions and staffing services posts an 8.4%
year-over-year rise in Q2 rev and profit was up 12.5%
 urn:newsml:reuters.com:*:nGNX1Z89Fw 
    ** Says qtr benefited from multiple healthcare contract wins
with notable healthcare system clients in the Northeast U.S. 
    ** Sees FY adj EPS in the range of $0.32 to $0.38, midpoint
of the range is higher than consensus view of $0.33 
    ** With more than 78,000 shares changing hands, CTG is now
trading 2x its 25 DMA vols 
    ** Including Tuesday's gains, CTG shares have risen 8.3%
this year 

 (Reporting by Shreyashi Sanyal in Bengaluru)
 ((Shreyashi.Sanyal@thomsonreuters.com; +1 646 223 8780 ;
Reuters Messaging:
Shreyashi.Sanyal.thomsonreuters.com@reuters.net))