GSE Systems (NYSEAMERICAN:GVP) announced its earnings results on Wednesday. The technology company reported $0.05 EPS for the quarter, topping the Zacks’ consensus estimate of $0.01 by $0.04, Morningstar.com reports. The firm had revenue of $22.19 million during the quarter.
Shares of GVP traded down $0.10 during mid-day trading on Thursday, hitting $2.45. 2,200 shares of the company traded hands, compared to its average volume of 31,152. GSE Systems has a 1-year low of $2.00 and a 1-year high of $3.85.
Separately, Maxim Group restated a “buy” rating and set a $5.00 price objective on shares of GSE Systems in a report on Friday, March 15th.
GSE Systems Company Profile
GSE Systems, Inc provides simulation, training, and engineering solutions to the power and process industries worldwide. It operates through two segments, Performance Improvement Solutions and Nuclear Industry Training and Consulting. The Performance Improvement Solutions segment provides various simulation products, engineering services, and operation training systems for the nuclear, fossil fuel power generation, and process industries.
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