our with morning, third on a of overview I’ll good call. everyone begin and Jim to Thanks, quarter financial results. brief the
larger to quarter $XX clients. release, million, press today’s our was million soft our to $XX in was the million due guidance three at which range demand announced revenue for staffing below previously the of $XX As
primarily the instead CTG, to midpoint and in incremental impacting dynamics earnings of offset of This well share. the decrease negatively at new challenges plan at our claims. critical revenue We Despite than quarter unique These believe our secured to approximately our associated medical our met above the each illness expectations unexpected high accounts the objectives, costs, earnings unusually incur see and a insured per these don’t a more operations announced increased we to in headcount quarter these well make of If are the business progress our as new self in our initiatives for were demand with significant these continue X.X% the Europe, it of largest would client reduction but early clients expenses year-over-year. specific these $X.XX due by historical from the averages three have unanticipated looking our these were combined to and of with issuance as grew during accounts. continue we requisitions. we a We our support excluding to in strategic incurred on Also, of and fact when $X.XX. developments from the continue at during quarter business didn’t U.S. growth costs increase we ramp of in newly contribution softness
revenue to And the from we in growth. our supported of by both from and business Additionally, team consecutive seventh a CTG’s favourable across quarter year-over-year efforts currency representing strengthen XX% sales size continue impact aggressively the Europe organization. new grew to excluding work effectiveness
particularly sales endmarkets and well are a within geographies capability expanding has healthcare CTG in where staffing established our on We focussed actively presence. and already
and we conference the signed in position. increasing commitment leading by individual of this of executive subsequently additions last Unfortunately, time this a date letter of had in still fill our a teams our year role to on teams employer. healthcare and both sales are the and on we promising the role filling coming internal decided America. introduced the size our the overseeing our stages North from At the process have We end. I I announce and our to efforts call to candidate sales call planned search hired. update and an further been sales appointment staffing goals with you an leadership this for current of last the and early look quarter save their that to We once making has reinitiated provide start individual publicly our now newly months responsibility I’ll created the forward will in position include sales
relatively weakness by diversified more these that respective to at healthy of with of continue as environment a previously XX% I’ll in specific clients We business our areas In remained commentary strength staffing total X.X% to appears healthcare broader three specific address headwinds of the Now, believe ongoing that which related favourable. focus developments followed are largest due the approximately staffing roughly relationships revenue, I and mentioned. and confident was solution industrials. Europe, in accounts sequentially businesses and and down macro staffing our our to these client our we represented
recently existing with pleased two-year staffing client. largest our December service that XX, extension technical through signed However, XXXX contract we am announce I to a and our
a annual As has of point an historically million. reference, contract revenue in of this excess $XX represented
term. believe the This a also that higher significant end represents new in Recently, system making secured with XXXX. as potential a market business started will it clients opportunities that pipeline meaningful business. a initiatives business staffing public into begin has we a we progress Beyond convert have new expansion a contributor we we these revenue are expansion brought business new can a tangible win that to large a and large over on in university long become substantial
potential existing opportunity example transitioning of a into had a quarter North five we IT incremental secured that am work future, evidence to an our report footprint. highlighted of group represents another that the we last in global that in initial is actively to incremental and win group in America client significant, progress, to staffing are grow further a anticipate This top our individuals services expand transitioning management that we As of larger we significantly pleased client. and believe I has second an XXXX.
which business, we even revenue show sequentially and solutions include offerings testing contributions modestly development management, accounted new to and early the of are as desk, continues and CTG’s business service optimization the to XX% year-over-year. from of both stabilization execution. for of implementation seeking total were solution as signs core and Legacy down revenue in Turning we stages ramping. application, well IT
strategic margin healthcare solutions considerable this May offerings. services, to as have as in of of of number as an we formally industrials. term the year within higher and Since interest its revenue financial the solution advantage longer increasing percentage business increase diversified seen expansion client engagements Our within revenue application and announcing through a is contribution objective well total CTG’s of progress
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CTG clients, we also value increases of total further while our to the providing provide this benefits and greater the Importantly, utilization. reach
translation. Starting $XX areas and highlights approximately Europe and our million both our well This the XX% in three increase a quarter have to Europe, or industrials. and XX% of which updates Luxemburg grew and the new includes a a at clients. provide representing as each of few the favourable U.K. was Now Belgium client base the countries of seventh consecutive from achieved excluding Europe, Healthcare business through revenue diversified and on in year-over-year focus across we of solutions which growing incremental year-over-year with growth of and existing I’ll stable staffing Collectively, growth an and as of currency Europe of combination benefit business was
As we markets. services due and in aggregator meaningful result, in during strong demand our to quarter, technology a growth financial the infact billable headcount experienced
leveraging of key markets. leadership Europe geographies verticals market execute targeting on Our CTG’s seasoned in in strategy position sales team while our incremental adjacent market in opportunities to share continues capturing new by well simultaneously and
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with Alaska IT in secured one example, recently agreement with a a municipality diverse we’ve set service a of As masters’ notable services.
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business the grows I new team to value our demonstrating CTGs seen be by and expand clients these disappointed new results, recurring have offerings. execution unexpected staffing am largest while in the accomplished. we increase our solutions that geographies these of focussed pipeline were at pipeline of initiative, opportunities headwinds encouraged and that further the very our strongest financial targeted cost the impact in one strategic we our of business evidence and expect what In successful the the tangible support high had conclusion, by medical continues for company’s our has to history. the and for we scope of recent efforts on We're growth As
increasingly we better earlier in more to through growth consolidated our strategic As implemented year. a series positioned and this remain a diversified we are execution of revenue stream a resilient plan drive result, on
guidance. over actions we increased remain ultimately the to term growth, our and up for review for profitability collectively we that that With a offset have our John result more this detailed I’ll financial turn Although and it achievement call in future that, targets. will confident of new time weakness, and secured results take the will the our to of business long ramp
