GSE Systems (GVP) Reports Q3 EPS of $0.04

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Go back to GSE Systems (GVP) Reports Q3 EPS of $0.04

GSE Systems Announces Third Quarter 2018 Financial Results

November 14, 2018 4:05 PM EST

COLUMBIA, Md.--(BUSINESS WIRE)-- GSE Systems, Inc. (GSE or the Company) (Nasdaq: GVP), a leading provider of professional and technical engineering, staffing services and simulation software to clients in the power and process industries, today announced financial results for the third quarter (Q3) ended September 30, 2018.

Q3 2018 vs. Q3 2017 OVERVIEW

Revenue increased 42% to $21.8 million from $15.4 million. Gross profit rose 28% to $5.4 million from $4.2 million. Net loss decreased 14% to $(0.5) million, or $(0.03) per diluted share, compared to $(0.6) million, or $(0.03) per diluted share.... More