GSE Systems

GSE Systems, Inc. engages in the provision of engineering services, staffing, and simulation software. It operates through the Performance Improvement Solutions and Nuclear Industry Training and Consulting segments. The Performance Improvement Solutions segment includes power plant high-fidelity simulation solutions, technical engineering services for ASME programs, power plant thermal performance optimization, and interactive computer-based tutorials/simulation. The Nuclear Industry Training and Consulting segment focuses on nuclear operations instructors, procedure writers, technical engineers, and other consultants to the nuclear power industry. The company was founded on March 30, 1994 and is headquartered in Columbia, MD.

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

GSE Systems reports sequential growth in Q1 2024 earnings

GSE Systems' Q1 2024 performance showed sequential improvement in new orders and revenues, with a strategic focus on engineering services and debt reduction. Despite facing a net loss, the company is committed to improving operational efficiencies and pursuing higher-margin business opportunities. GSE Systems aims to leverage industry trends and technology advancements to drive future growth and financial health.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

GSE Solutions, Inc. provides performance improvement solutions to the energy and process industries. They improve human performance through turnkey training, unique visualization and simulation applications, and our staff of instructors, as well as plant improvement through our engineering expertise and use of technology to improve plant design, commissioning, and operations.

MUNICH--(BUSINESS WIRE)-- #DIgitalVaultSevices--Siemens commits to full digitization in Guarantee Management with Digital Vault Services.

Siemens Commits to Full Digitization in Guarantee Management With Digital Vault Services

GSE Systems, Inc. (GVP) Q4 2023 Earnings Call Transcript

Conference Call Scheduled for today, April 1, 2024  at 4:30pm ET COLUMBIA, Md. , April 1, 2024 /PRNewswire/ -- GSE Solutions.

GSE Systems Reports Fourth Quarter and Fiscal 2023 Financial Results

COLUMBIA, Md. , March 25, 2024 /PRNewswire/ -- GSE Solutions ("GSE Systems, Inc." or "GSE") (Nasdaq: GVP), a leader in advanced engineering and workforce solutions that supports the future of clean-energy production and decarbonization initiatives of the nuclear power industry, today announced that it will issue its financial results press release for the fourth quarter and fiscal year ended December 31, 2023 on Monday, April 1, 2024, after the close of the stock market.

GSE Solutions Schedules Release of Fourth Quarter and Fiscal 2023 Financial Results and Conference Call

GSE Systems, Inc. (NASDAQ:GVP ) Q3 2023 Results Conference Call November 14, 2023 4:30 PM ET Company Participants Adam Lowensteiner - VP, Lytham Partners Kyle Loudermilk - President and CEO Emmett Pepe - CFO Operator Good day, and welcome to the GSE Systems Inc. Reports Third Quarter Fiscal Year 2023 Financial Results Conference Call. [Operator Instructions] Please note, this event is being recorded.

GSE Systems, Inc. (GVP) Q3 2023 Earnings Call Transcript

Conference Call Scheduled for today, November 14 , 202 3, at 4:30pm ET COLUMBIA, Md. , Nov. 14, 2023 /PRNewswire/ -- GSE Systems, Inc. ("GSE Solutions", "GSE", or "the Company") (Nasdaq: GVP), a leader in advanced engineering and workforce solutions that support the future of clean energy production and decarbonization initiatives of the nuclear power industry, today announced financial results for the third quarter ("Q3") ended September 30, 2023.

GSE Systems Reports Third Quarter 2023 Financial Results

COLUMBIA, Md. , Nov. 9, 2023 /PRNewswire/ -- GSE Solutions ("GSE Systems, Inc." or "GSE") (Nasdaq: GVP), a leader in advanced engineering and workforce solutions that supports the future of clean-energy production and decarbonization initiatives of the nuclear power industry, today announced that a Southeast Texas power supplier has selected GSE to be a preferred engineering services provider for their two pressurized water reactor (PWR) plants.

Southeast Texas Nuclear Power Supplier Selects GSE Solutions as a Preferred Engineering Services Provider

COLUMBIA, Md. , Nov. 8, 2023 /PRNewswire/ -- GSE Solutions ("GSE Systems, Inc." or "GSE") (Nasdaq: GVP), a leader in advanced engineering and workforce solutions that supports the future of clean-energy production and decarbonization initiatives of the nuclear power industry, today announced that it will issue its financial results press release for the third quarter ended September 30, 2023 on Tuesday, November 14, 2023, after the close of the stock market.

GSE Solutions Schedules Release of Third Quarter Fiscal 2023 Financial Results and Conference Call

One contract awarded in the UK, opening the expansion of engineering services into Global Markets COLUMBIA, Md. , Oct. 30, 2023 /PRNewswire/ -- GSE Systems, Inc. ("GSE Solutions" or "GSE" or the "Company") (Nasdaq: GVP), a leader in advanced engineering services and workforce solutions that support the future of clean-energy production and decarbonization initiatives of the nuclear power industry, announced today it has been awarded in excess of $0.5 million in contracts to provide Engineering Program updates for two large nuclear power customers in United States and United Kingdom.

GSE Solutions Receives New Contracts for Continued Engineering Services

COLUMBIA, Md. , Oct. 26, 2023 /PRNewswire/ -- GSE Solutions ("GSE Systems, Inc." or "GSE") (Nasdaq: GVP), a leader in advanced engineering and workforce solutions that supports the future of clean-energy production and decarbonization initiatives for the nuclear power industry, announced that it will conduct a reverse stock split of its outstanding shares of common stock at a ratio of 10-for-1.

GSE Solutions Announces Reverse Stock Split

DVR services can be used to increase plant generation by approximately 1.4% COLUMBIA, Md. , Sept. 25, 2023 /PRNewswire/ -- GSE Solutions ("GSE Systems, Inc." or "GSE") (Nasdaq: GVP), a leader in advanced engineering and workforce solutions that supports the future of clean-energy production and decarbonization initiatives for the nuclear power industry, announced that it has developed key services that support recent Topical Report, which outlines the requirements for using Data Validation and Reconciliation (DVR) for Measurement Uncertainty Recapture (MUR).

GSE Services Support Topical Report for using Data Validation and Reconciliation for Measurement Uncertainty Recapture

GSE Systems (NASDAQ: GVP ) stock is rocketing higher on Friday despite a lack of news from the professional and technical engineering services company. There are no new press releases from the company or filings with the Securities and Exchange Commission (SEC) that explain why the stock is up today.

Why Is GSE Systems (GVP) Stock Up 59% Today?

GSE Systems, Inc. (GVP) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.

Bears are Losing Control Over GSE Systems, Inc. (GVP), Here's Why It's a 'Buy' Now

GSE Systems, Inc. (NASDAQ:GVP ) Q2 2023 Earnings Conference Call August 14, 2023 4:30 PM ET Company Participants Adam Lowensteiner – Vice President-Investor Relations-Lytham Partners Kyle Loudermilk – President and Chief Executive Officer Emmett Pepe – Chief Financial Officer Conference Call Participants Operator Good day. And welcome to the GSE Systems Incorporated Reports Second Quarter Fiscal Year 2023 Financial Results.

GSE Systems, Inc. (GVP) Q2 2023 Earnings Call Transcript

Conference Call Scheduled for today, August 14 , 202 3  at 4:30pm ET COLUMBIA, Md. , Aug. 14, 2023 /PRNewswire/ -- GSE Systems, Inc. ("GSE Solutions", "GSE", or "the Company") (Nasdaq: GVP), a leader in advanced engineering and workforce solutions that support the future of clean energy production and decarbonization initiatives of the nuclear power industry, today announced financial results for the second quarter ("Q2") ended June 30, 2023.

GSE Systems Reports Second Quarter 2023 Financial Results

COLUMBIA, Md. , Aug. 14, 2023 /PRNewswire/ -- GSE Solutions ("GSE Systems, Inc." or "GSE") (Nasdaq: GVP), a leader in advanced engineering and workforce solutions that supports the future of clean-energy production and decarbonization initiatives for the nuclear power industry, today announced two major innovative simulation solution wins valued in excess of $4 million.

GSE Wins Recent Simulation Awards Worth $4 Million

COLUMBIA, Md. , Aug. 8, 2023 /PRNewswire/ -- GSE Solutions ("GSE Systems, Inc." or "GSE") (Nasdaq: GVP), a leader in advanced engineering and workforce solutions that supports the future of clean-energy production and decarbonization initiatives of the nuclear power industry, today announced that it will issue its financial results press release for the second quarter ended June 30, 2023 on Monday, August 14, 2023, after the close of the stock market.

GSE Solutions Schedules Release of Second Quarter Fiscal 2023 Financial Results and Conference Call

COLUMBIA, Md. , Aug. 7, 2023 /PRNewswire/ -- GSE Systems, Inc. ("GSE Solutions" or "GSE" or the "Company") (Nasdaq: GVP), a leader in advanced engineering services and workforce solutions that support the future of clean-energy production and decarbonization initiatives of the nuclear power industry, announced today it has been awarded in excess of $1.1 million in contracts to provide In-Service Inspection (ISI) and In-Service Testing (IST) updates for two US nuclear power customers with stations located in the Midwest.

GSE Solutions Awarded $1.1 Million in In-Service Inspection and In-Service Testing Service Contracts

COLUMBIA, Md. , July 17, 2023 /PRNewswire/ -- GSE Solutions ("GSE Systems, Inc." or "GSE") (Nasdaq: GVP), a leader in advanced engineering and workforce solutions that supports the future of clean-energy production and decarbonization initiatives of the nuclear power industry, today announced a combined-capabilities contract valued at approximately $1.5M for engineering and staffing support for a commercial uranium enrichment facility in North America.

GSE Solutions Wins $1.5M Contract to Provide Engineering Services and Staffing Support to US Uranium Enrichment Provider

Financing includes upfront funding of $1.5 million to enhance liquidity COLUMBIA, Md. , June 26, 2023 /PRNewswire/ -- GSE Solutions ("GSE Systems, Inc." or "GSE") (Nasdaq: GVP), a leader in advanced engineering and workforce solutions that supports the future of clean-energy production and decarbonization initiatives for the nuclear power industry, today announced it has entered into a follow-on financing with The Lind Partners, which will be in the form of a convertible security with a term of 24 months.

GSE Announces Follow-On Financing with The Lind Partners

COLUMBIA, Md. , June 20, 2023 /PRNewswire/ -- GSE Solutions ("GSE Systems, Inc." or "GSE") (Nasdaq: GVP), a leader in advanced engineering and workforce solutions that supports the future of clean-energy production and decarbonization initiatives for the nuclear power industry, today announced that GSE had been selected by Utilities Service Alliance, Inc. (USA) to be a Specialty Engineer of Choice (EOC) supplier.

Utilities Service Alliance Selects GSE Solutions as a Specialty Engineer of Choice (EOC)

Upcoming vote is crucial to company's future MIAMI, FL / ACCESSWIRE / June 7, 2023 / Silverback United, Inc., a subsidiary of Spear Point Capital Management, LLC, is a shareholder of GSE Systems, Inc. (the "Company" or "GSE"). Silverback released a presentation describing the destruction of shareholder wealth under the incumbent management and members of the board of directors.

Concerned Shareholder of GSE Systems Urges All Shareholders to Vote NO at GSE Systems, Inc. Annual Meeting

COLUMBIA, Md. , May 25, 2023 /PRNewswire/ -- GSE Solutions ("GSE Systems, Inc." or "GSE") (Nasdaq: GVP), a leader in advanced engineering and workforce solutions that supports the future of clean-energy production and decarbonization initiatives for the nuclear power industry, today announced that its GSE Engineering division showed positive momentum with several new customer service and support wins.

GSE Engineering Shows Positive Momentum with Over $1M in Recent New Nuclear Programs Service & Support Wins

GSE Systems, Inc. (NASDAQ:GVP ) Q1 2023 Earnings Conference Call May 15, 2023 4:30 PM ET Company Participants Adam Lowensteiner – Lytham Partners Kyle Loudermilk – President and Chief Executive Officer Emmett Pepe – Chief Financial Officer Conference Call Participants Graham Mattison – Water Tower Research Sameer Joshi – H.C. Wainwright Operator Good afternoon.

GSE Systems, Inc. (GVP) Q1 2023 Earnings Call Transcript

GSE Systems, Inc. (GVP) came out with a quarterly loss of $0.13 per share versus the Zacks Consensus Estimate of a loss of $0.07. This compares to loss of $0.10 per share a year ago.

News for GSE Systems Stock (GVP)