Quarterly Report Card: Special Research on CollabRx, Computer Programs and Systems, CTG Inc., Covisint, and CSG Systems

NEW YORK, March 16, 2015 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.  

Moments ago, Analysts Review released new research updates concerning several important developing situations including CollabRx (NASDAQ: CLRX), Computer Programs and Systems (NASDAQ: CPSI), CTG Inc. (NASDAQ: CTG), Covisint (NASDAQ: COVS), and CSG Systems (NASDAQ: CSGS). Analysts Review provides a single unified platform for investors' to hear about what matters - proudly employing registered CFA® research staff and rigorous compliance procedures. The full research reports are being made available to the public for informational purposes only.

To access our full PDF reports on a complementary basis, please visit the links below.

--

Today's update concerns the following companies:

============

Full PDF Download Links (you may have to copy and paste the following links into your browser):

CLRX Research Report: ( http://get.analystsreview.com/pdf/?c=CollabRx&d=16-Mar-2015&s=CLRX ),

CPSI Research Report: ( http://get.analystsreview.com/pdf/?c=Computer%20Programs%20and%20Systems&d=16-Mar-2015&s=CPSI ),

CTG Research Report: ( http://get.analystsreview.com/pdf/?c=CTG%20Inc.&d=16-Mar-2015&s=CTG ),

COVS Research Report: ( http://get.analystsreview.com/pdf/?c=Covisint&d=16-Mar-2015&s=COVS ),

CSGS Research Report: ( http://get.analystsreview.com/pdf/?c=CSG%20Systems&d=16-Mar-2015&s=CSGS ).

============

--

Analyst Update: Quarterly Results and  Agreements

Reviewed by: Rohit Tuli, CFA®  

U.S. stocks ended lower on Friday as mixed economic data during the week, renewed dollar strength and sharply lower oil prices made traders cautious ahead of the upcoming meeting of the Federal Open Market Committee. The consumer sentiment data showed a preliminary read of 91.2 in March versus 95.4 in February. The Dow Jones Industrial Average lost 145.91 points, or 0.82%, to close at 17,749.31. The S&P 500 fell 12.55 points, or 0.61%, to end at 2,053.40. The Nasdaq Composite was down 21.53 points, or 0.44%, to 4,871.76. European equities closed slightly higher Friday as the oil and gas sector took another hit from tumbling prices. The German DAX gained 0.87%, the French CAC gained 0.46% while the FTSE ended the day 0.30% down. In Asia, Chinese shares advanced, led by financials after People's Bank of China Governor said the bank will maintain its prudent monetary policy. Japan's Nikkei 225 hit a fresh 15-year high as robot maker Fanuc Corp jumped 13% on a report that it will consider raising its dividend and buying back stock.

CollabRx, Inc. (CollabRx) and Medytox Solutions, Inc. have entered into a non-binding letter of intent to negotiate a potential business combination. Also, the companies entered into agreements that would secure funding needed by CollabRx to continue to operate.

Computer Programs and Systems, Inc.'s (Computer Programs and Systems) total revenues for 2014 were recorded at $204.7 million versus $200.9 million in 2013. Meanwhile, net income stood at $32.9 million or $2.94 per diluted share in 2014, compared with $32.7 million or $2.95 per diluted share in 2013. The Company also gave its guidance for 2015.

Computer Task Group, Inc. (CTG Inc.) announced its Q4 2014 and full year 2014 financial results. For Q4 2014, net income per diluted share was $0.08, compared with $0.22 in Q4 2013 while revenue stood at $98.3 million versus $102.7 million in Q4 2013.

Covisint Corporation (Covisint) announced its Q3 FY 2015 financial results with net loss per diluted share of $0.18, compared to net loss per diluted share of $0.22 in Q3 FY 2014. Total revenue for the quarter declined 10% YoY to $21.8 million.

CSG Systems International, Inc. (CSG Systems) - a global provider of interactive transaction-driven solutions and services, has entered into an accelerated share repurchase agreement (ASR Agreement) with RBC Capital Markets to repurchase $50 million of the Company's common stock, under the Company's previously announced share repurchase plan.

--

About Analysts Review  

At Analysts Review, we provide our members with a simple and reliable way to leverage our economy of scale. Most investors do not have time to track all publicly traded companies, much less perform an in-depth review and analysis of the complexities contained in each situation. That's where Analysts Review comes in. We provide a single unified platform for investors' to hear about what matters. Situation alerts, moving events, and upcoming opportunities.

Analysts Review was designed for investors. By providing the best information available, we have set ourselves apart as one of the premier online investor communities.

--

Editor Note: This is not company news. We are an independent source and our views do not reflect the companies mentioned.

Compliance Procedure: Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Analysts Review, represented by Rohit Tuli, CFA®. An outsourced research services provider has only reviewed the information provided by Analysts Review in this article or report according to the procedures outlined by Analysts Review. Analysts Review is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

Further Resources: For more information about this release including editorial notes, compliance procedures and legal disclosures, please visit: http://www.analystsreview.com/editors

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE Analysts Review