K. Liu's Week in Review

Resilience is the word du jour in earnings calls thus far in the Q2 ’20 software earnings season and may prove to be an apt description considering many produced solid growth despite GDP contracting by a third in the U.S.

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CTG Reports Strong Q2 '20 Results; Raising Price Target from $6.00 to $6.25

CTG, Inc. (CTG) reported Q2 ’20 results well above our estimates. Despite headwinds from the COVID-19 pandemic, the IT Solutions segment outperformed our expectations by a wide margin as CTG supported clients in their work-from-home initiatives, delivered positive growth in Europe and benefited from a surge in business from an oil and gas customer.

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