GP Strategies (GPX) Misses Q4 EPS by 18c

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GP Strategies Reports Fourth Quarter 2018 Financial Results and Positive Outlook for 2019

March 18, 2019 6:45 AM EDT

COLUMBIA, Md., March 18, 2019 /PRNewswire/ -- Global performance improvement solutions provider GP Strategies Corporation (NYSE: GPX) today reported financial results for the quarter and fiscal year ended December 31, 2018.

Overview of Fourth Quarter 2018 Results:

Record revenue of $132.9 million for fourth quarter of 2018 compared to $131.5 million for fourth quarter of 2017, and annual revenue of $515.2 million for full year 2018 compared to $509.2 million in 2017 Significantly increased backlog of $327.4 million, a record level, as of December 31, 2018, a 22% increase compared to $268.6 million as of December 31, 2017 Diluted... More