ENGlobal (ENG) Reports Q1 Swings to Q1 Loss
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ENGlobal Reports First Quarter 2016 Results
May 10, 2016 6:55 AM EDTHOUSTON, May 10, 2016 (GLOBE NEWSWIRE) -- ENGlobal (Nasdaq: ENG), a leading provider of engineering and automation services, today announced first quarter results for 2016.Â
Revenue decreased $8.3 million to $14.8 million from $23.1 million, or a 35.9% decrease for the three months ended March 26, 2016, as compared to the three months ended March 28, 2015. ENGlobal reported a net loss of $0.7 million for the three months ended March 26, 2016, a decrease of $1.3 million from the net income of $0.6 for the three months ended March 28, 2015. The net loss per diluted share was $0.03 for the three months ended March 26, 2016 compared to net... More
