DHI Group, Inc. (DHX) reports Q1 ’24 results on Wednesday, May 8. As noted in our April 12 report, “Recent Data Portends Improving Demand Environment for Dice,” we remain comfortable with our current estimates for Q1 and FY ’24.
Read MoreCegeka has completed its tender offer to acquire all outstanding shares of CTG for $10.50 per share in cash.
Read MoreCTG reported Q3 ’23 results generally consistent with our estimates. Revenue of $71.3 million (-4.9% Y/Y) was slightly below our $72.8 million projection due to softening demand for IT services.
Read MoreCTG 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 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.
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