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CTG profits tumble; listing Delaware Ave. HQ for $3.95 million

2015-07-28 20:55:02| IT Services - Topix.net

CTG saw net income drop 83 percent in its second quarter, from $3.23 million to $554,000, and watched revenue decline 6 percent to $94,744. The harsh results come from several factors, including the $1.1 million write-off of its IT medical management software and $1.2 million associated with 13 job cuts in Europe.

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