GSE Systems (GVP) Reports Q1 Loss Per Share of $0.03
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/14/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
GSE Systems Announces 2015 First Quarter Financial Results
May 14, 2015 4:01 PM EDTQ1 2015 OVERVIEW
Revenue increased to $14.0 million from $8.7 million in Q1 2014, driven by $5.2 million of incremental revenue from the acquisition of Hyperspring, LLC. Excluding Hyperspring, revenue in Q1 2015 was $8.8 million. Gross profit rose 44.9% to $3.2 million, or 23.0% of revenue, from $2.2 million, or 25.5% of revenue, in Q1 2014. Operating loss narrowed to $0.4 million from $2.1 million in Q1 2014. Net loss narrowed to $0.5 million, or $0.03 per diluted share, from a net loss of $2.0 million, or $0.11 per diluted share, in Q1 2014. Booked $18.1 million of orders, compared to $8.4 million in Q4 2014 and $6.3... More