GSE Systems, Inc. (NASDAQ:GVP) is reporting third quarter financial results on Monday 16th November 2020, after market close.
According to analysts surveyed by Thomson Reuters, GVP is expected to report 3Q20 loss of $ 0.06 per share from revenue of $ 14.40 million.
For the full year, analysts anticipate top line of $ 62.10 million, while looking forward to loss of $ 0.5 per share bottom line.
Previous Quarter Performance
GSE Systems, Inc. came out with loss for the second quarter of $ 0.03 per share, from the revenue of $ 14.34 million. The quarterly revenues fell 22.90 percent compared with the same quarter last year. Street analysts expected GSE Systems, Inc. to report loss of $ 0.03 per share on revenue of $ 18.40 million for the second quarter. The top line results fell short of analysts by $ 4.06 million or 22.07 percent.
Stock Performance
On Friday, shares of GSE Systems, Inc. has traded high as $ 1.15 and has cracked $ 1.03 on the downward trend, reaching $ 1.05 with volume of 85.30 thousand shares.
According to the previous trading day, closing price of $ 1.05, representing a 22.09 % increase from the 52 week low of $ 0.86 and a 45.88 % decrease over the 52 week high of $ 1.94.
The company has a market capital of $ 21.58 million and is part of the Technology sector and Software – Application industry.
Conference Call
GSE Systems, Inc. will be hosting a conference call at 4:30 PM eastern time on 16th November 2020, to discuss its 3Q20 financial results with the investment community. The participants may dial, (877) 407-9753 U.S. or (201) 493-6739 Outside U.S. in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website www.gses.com
GSE Systems, Inc. provides simulation, training, and engineering solutions to the power and process industries in the United States, Asia, Europe, and internationally. It operates through two segments, Performance Improvement Solutions and Nuclear Industry Training and Consulting.
