CTG News Release (07/28/15)
CTG reported revenue of $94.7 million in the second quarter of 2015, down 6% from $100.3 million in the second quarter of 2014. Net income totaled $554,000, down 83% from $3.2 million in the year-ago quarter. The decrease includes a noncash write-off of the company’s information technology medical management software, and charges related to a workforce reduction in Europe.
North American revenue totaled $78.1 million in the 2015 second quarter, down 3% from $80.5 million in the 2014 second quarter. IT staffing revenue totaled $62.8 million, up 5% from $59.8 million a year ago.