ENGlobal Corp (ENG) Swings to Q1 Profit
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ENGlobal Reports First Quarter 2014 Results
May 8, 2014 6:55 AM EDTHOUSTON, May 8, 2014 (GLOBE NEWSWIRE) -- ENGlobal (Nasdaq: ENG), a leading provider of engineering and automation services, today announced its financial results for the first quarter ended March 29, 2014.
HIGHLIGHTS OF CONTINUING OPERATIONS (1st QTR 2014 compared to 1st QTR 2013):
Revenue of $26.9 million, a 33% increase Gross profit margin of 22.6%, an increase of 10.9 percentage points Net income from continuing operations of $1.8 million, an increase from a net loss of $(1.0) million Earnings from continuing operations of $0.07 per diluted share, an increase from a net loss of... More