GSE Systems (GVP) Reports Q4 EPS of $0.13, Revenues Miss
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GSE Solutions Announces Fourth Quarter and Full Year 2020 Financial Results
March 31, 2021 4:05 PM EDTCOLUMBIA, Md.--(BUSINESS WIRE)-- GSE Systems, Inc. (GSE Solutions, GSE, or the Company) (Nasdaq: GVP), a leader in delivering and supporting engineering, compliance, simulation, training and workforce solutions that support decarbonization of the power industry, today announced its financial results for the fourth quarter (Q4) and fiscal year ended December 31, 2020.
FULL YEAR 2020 OVERVIEW
Revenue of $57.6 million, compared to $83.0 million in 2019. Gross profit of $14.8 million, compared to $20.3 million in 2019. Operating loss of $(9.5) million, compared to $(7.4) million in 2019. Net loss of $(10.5) million, or $(0.52) per... More