CTG reported strong Q4 ’21 results, delivering adjusted EBITDA and non-GAAP EPS well above expectations on an in-line revenue performance. Relative to our model, the outperformance was attributable to higher contribution margin from a large Epic implementation go-live engagement than we had assumed.
Read MoreCTG, Inc. (CTG) reports Q4 ’21 results on Tuesday, February 22. Both our estimates and consensus reflect the midpoint of management’s guidance, which was provided for the first time since the onset of the COVID-19 pandemic due to the timing of a large EPIC implementation go-live engagement.
Read MoreWe hosted virtual investor meetings with CTG Inc.’s (CTG) CEO Filip Gydé and CFO John Laubacker. Although the overarching story and financial goals remain consistent with what management has shared previously, we were struck by the high degree of confidence management expressed in achieving the aspirational targets contemplated in its 2023 Vision.
Read MoreCTG’s Q3 ’21 performance unfolded largely as we anticipated. Similar to last quarter, earnings beat despite a modest revenue shortfall, which was driven by management’s ongoing efforts to dis-engage from lower margin staffing business.
Read MoreCTG, Inc. (CTG) reports Q3 ’21 results on Tuesday, November 9. Our estimates are generally consistent with consensus, and we expect CTG to once again meet or beat Street expectations for profitability.
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