GP Strategies (GPX) Misses Q2 EPS by 3c

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GP Strategies Reports Second Quarter 2016 Financial Results

July 28, 2016 6:45 AM EDT

COLUMBIA, Md., July 28, 2016 /PRNewswire/ -- Global performance improvement solutions provider GP Strategies Corporation (NYSE: GPX) today reported financial results for the quarter ended June 30, 2016.

Overview:

Revenue of $125.5 million for second quarter of 2016 compared to $125.7 million for second quarter of 2015 Gross profit of $20.3 million, or 16.2% of revenue, for second quarter of 2016 (which includes $0.5 million of severance costs) compared to $20.1 million, or 16.0% of revenue, for second quarter of 2015 Diluted earnings per share of $0.29 for second quarter of 2016 compared to $0.27 per share for second... More