GSE Systems (GVP) Reports In-Line Q2 EPS

Go back to GSE Systems (GVP) Reports In-Line Q2 EPS

GSE Solutions Announces Second Quarter 2020 Financial Results

August 19, 2020 4:10 PM EDT

COLUMBIA, Md.--(BUSINESS WIRE)-- GSE Systems, Inc. (GSE Solutions, GSE or we) (Nasdaq: GVP), a leader in delivering and supporting end-to-end training, engineering, compliance, simulation and workforce solutions to the power industry, announced today its financial results for the three months ended June 30, 2020.

Financial overview for the second quarter of fiscal 2020

Revenue of $14.3 million, compared to $23.5 million in Q2 2019 Gross profit of $3.6 million, compared to $5.9 million in Q2 2019 Net loss of $2.1 million or $(0.11) per basic and diluted share in Q2 2020, compared to a net... More