Computer Task Group's Profits Increase 63 Percent in 4th Quarter
Buffalo News › February 23, 2011
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Summary
Computer Task Group said Tuesday that fourth-quarter profits soared 63 percent as its revenues jumped to their highest level in more than a decade.
The Buffalo-based information technology company reported profits of $2.65 million, or 16 cents per share, up from $1.63 million, or 10 cents per share, a year ago. That included a penny per share gain from a research and development tax credit.See the full content of this document
Extract
Computer Task Group's Profits Increase 63 Percent in 4th Quarter
Revenues rose 29 percent to $87.3 million. Operating income rose 65 percent to $4.24 million, and the profit margin wi...
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