Brief: GSE Systems Q1 Loss Per Share $0.08

GSE Systems

15/05/2018 21:19

May 15 (Reuters) - GSE Systems Inc  GVP.O :
    * GSE SYSTEMS ANNOUNCES FIRST QUARTER 2018 FINANCIAL RESULTS
    * Q1 ADJUSTED EARNINGS PER SHARE $0.01
    * Q1 LOSS PER SHARE $0.08
    * Q1 REVENUE ROSE 40.1 PERCENT TO $22.9 MILLION
    * BACKLOG AT MARCH 31, 2018, INCREASED TO $72.4 MILLION FROM
$71.4
MILLION AT DECEMBER 31, 2017
    * GSE SYSTEMS - PROJECTS ACQUIRED BUSINESS TO GENERATE, ON
ANNUALIZED BASIS, REVENUE OF OVER $10 MILLION, ADJUSTED EBITDA
OF ABOUT $2 MILLION AFTER IDENTIFIED SYNERGIES
    * NEW ORDERS ROSE TO $24.7 MILLION IN QUARTER FROM $19.8
MILLION
IN Q1 2017

Source text for Eikon:  ID:nBw9hgWQga 
Further company coverage:  GVP.O 

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