Canterbury Consulting Gro (CITI.PK)

Canterbury Consulting Group, Inc. provides broad based information technology, management consulting services, and training to both corporate and government clients. The company operates in two segments, Training and Consulting, and Value-Added Hardware Reseller. Its Training and Consulting segment provides various technical and management training services, including hardware and software products, as well as business skill topics. Canterbury also provides technical consulting services to its clients, comprising programming, systems integration, network security, and network management. The Value-Added Reseller segment provides hardware and software solutions to the Mid-Atlantic market. It serves both corporate and governmental sectors with a focus on health care, financial services, education, manufacturing, technology, communications, and service industries. The company was founded by Stanton M. Pikus and Alan B. Manin in 1981 and is based in Medford, New Jersey.

For the nine months ended 8/31/04, revenues fell 15% to $15.2 million. Net loss from continuing operations rose 21% to $1.3M. Revenues reflect lower service revenue. Loss also reflects decreased gross profit margins and the inclusion of an impairment charge.