IT Technology

Cambridge Technology Partners, Inc.

The Company

Cambridge Technology Partners <% if gsSubBrand = "aolsnapshot" then Response.Write("(Nasdaq: CATP)") else Response.Write("(Nasdaq: CATP)") end if %> is by far the largest IT consulting firm of the group selected for this Industry Snapshot, with trailing revenues of $260.4 million. Its core operating values consist of promising its clients a high return on investment (ROI), allowing projects to quickly pay for themselves, as well as fixed-price contracts delivered on time in order to maximize strategic impact. CATP is an international "professional services" firm that works with its customers to design, develop and deploy both Internet and enterprise-wide client server applications. The company also provides custom software development and design, which is its highest-fee "product," ranging in price from $750,000 to $5,500,000 depending upon the complexity of the application.

Latest Financials

Cambridge Technology recently announced increased revenues and net earnings for the first quarter ended March 31, 1997. Revenues reached $71.1 million, a 50% increase compared to revenues of $47.3 million for the same period in 1996. Net income for the quarter increased 55% to $7.1 million, or $.13 per share, compared to $4.6 million, or $.09 per share a year ago.  (Go to next snapshot.)

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