Form 10-Q GSE SYSTEMS INC For: Sep 30
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GSE Systems (GVP) Repors Wider Q3 Loss; Acquires Hyperspring, LLC; Makes Investment in IntelliQlik
November 17, 2014 8:10 AM ESTGSE Systems (NYSE: GVP) reported Q3 EPS of ($0.11), versus ($0.06) reported last year. Revenue for the quarter came in at $7.8 million, versus $11.9 million reported last year.
GSE also announced that its operating subsidiary, GSE Power Systems, Inc. (GSE Power), acquired Hyperspring, LLC (Hyperspring), which specializes in staff augmentation, training and development, and plant operations support services, primarily in the United States nuclear industry. In conjunction with the Hyperspring acquisition, GSE Power also acquired a 50% interest in IntelliQlik, LLC (IntelliQlik), which is developing a software platform for online learning and learning management for the energy... More
