GSE Systems: Jumps after higher revenue
15/03/2019 13:31
** Shares of GSE Systems GVP.O up 8.3 pct at $3.25 in
premarket trade
** Co's Q4 earnings, revenue beat estimate of Maxim Group
analyst, per IBES Refinitiv data; Revenue up 3.9 pct, profit
down YoY
** "During the year, we won a range of impressive new
business orders globally and maintained a solid backlog despite
the wind down of our very large full scope simulator project in
the US" - GSE Chief Executive Kyle Loudermilk
** Stock up ~43 pct this year
(Reporting by Arjun Panchadar in Bengaluru)
((RM: Arjun.Panchadar.thomsonreuters.com@reuters.net))
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