Recap: Computer Task Gr Q3 Earnings
Portfolio Pulse from Benzinga Insights
Computer Task Gr (NASDAQ:CTG) reported Q3 earnings with an EPS of $0.11, in line with estimates. However, revenue was down $3.71 million from the same period last year. Last quarter, the company missed on EPS by $0.01, which was followed by a 0.0% increase in the share price the next day.
November 08, 2023 | 12:00 pm
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Computer Task Gr's Q3 earnings were in line with estimates, but revenue was down year-over-year. Last quarter's EPS miss did not impact the share price.
Computer Task Gr's earnings were in line with estimates, which is generally a positive sign. However, the decrease in revenue compared to the same period last year could be a concern for investors. The fact that last quarter's EPS miss did not impact the share price suggests that investors may have already priced in the risk.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100