SPAR Group (SGRP) Reports Q1 Loss of $0.01/Share

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Go back to SPAR Group (SGRP) Reports Q1 Loss of $0.01/Share

SPAR Group Announces Financial Results for the First Quarter Ended March 31, 2016

May 16, 2016 4:20 PM EDT

WHITE PLAINS, N.Y., May 16, 2016 (GLOBE NEWSWIRE) -- SPAR Group, Inc. (Nasdaq: SGRP), a leading supplier of retail merchandising and other marketing services throughout the United States and internationally, today announced financial results for the first quarter ended March 31, 2016.

Highlights for the three-month period ended March 31, 2016, as compared to the same period in the prior year include:

Revenue for the first quarter of 2016 decreased 9 percent to $26.6 million.  Adjusting for the impact of foreign currency translation, revenue for the first quarter of 2016 increased $265,000, or 1 percent.Net... More