CTG has agreed to be acquired by Cegeka, a leading European IT solutions company, for $10.50 per share in cash. The transaction price represents a 31% premium over yesterday’s close, and on a TTM basis, reflects EV/Sales, EV/EBITDA and P/E multiples of approximately 0.5x, 10.0x and 22.9x, respectively.
Read MorePeraso (PRSO) reports Q2 ’23 results after the close next Monday, August 14. We expect the print to be largely in line with our projections, which are slightly above consensus.
Read MoreCTG, Inc. (CTG) reports Q2 ’23 results on Wednesday, August 9. We expect the results to meet our estimates, which are generally consistent with consensus.
Read MoreDHI Group (DHX) reported mixed Q2 ’23 results. Revenue was just shy of our estimate and consensus, but both adjusted EBITDA and EPS beat expectations due to lower operating expenses.
Read MoreDHI Group, Inc. (DHX) reports Q2 ’23 results on Wednesday, August 2. We believe the labor market trends that began in 2H ’22, namely declines in the number of job openings and quits, persisted over the past quarter.
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