GP Strategies (GPX) Reports In-Line Q2 EPS

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GP Strategies Reports Second Quarter 2020 Financial Results

August 7, 2020 6:30 AM EDT

COLUMBIA, Md., Aug. 7, 2020 /PRNewswire/ -- Global performance improvement solutions provider GP Strategies Corporation (NYSE: GPX) today reported financial results for the quarter ended June 30, 2020.

Overview:

Cash flow from operations of $22.9 million for second quarter of 2020 compared to cash used in operations of $3.7 million for second quarter of 2019 Reduced long term-debt balance by $25.2 million to $57.7 million as of June 30, 2020 compared to $82.9 million as of December 31, 2019 Revenue of $106.1 million for second quarter of 2020 compared to $149.4 million for second quarter of 2019 Gross profit of... More