GP Strategies (GPX) Misses Q1 EPS by 16c

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Go back to GP Strategies (GPX) Misses Q1 EPS by 16c

GP Strategies Reports First Quarter 2020 Financial Results

May 11, 2020 4:30 PM EDT

COLUMBIA, Md., May 11, 2020 /PRNewswire/ -- Global performance improvement solutions provider GP Strategies Corporation (NYSE: GPX) today reported financial results for the quarter ended March 31, 2020.

Overview:

Cash flow from operations of $9.8 million for first quarter of 2020 compared to cash used in operations of $2.6 million for first quarter of 2019 Reduced long term-debt balance by $8.0 million to $74.8 million as of March 31, 2020 compared to $82.9 million as of December 31, 2019 Revenue of $128.3 million for first quarter of 2020 compared to $139.5 million for first quarter of 2019 (revenue from divested... More