Earnings Call Summary | GSE Systems(GVP.US) Q1 2024 Earnings Conference
Earnings Call Summary | GSE Systems(GVP.US) Q1 2024 Earnings Conference
The following is a summary of the GSE Systems, Inc. (GVP) Q1 2024 Earnings Call Transcript:
以下是GSE系統公司(GVP)2024年第一季度業績電話會議記錄摘要:
Financial Performance:
財務業績:
GSE Systems reported new orders valued at $14.6 million, up from $7.3 million in the previous quarter.
Revenue for Q1 2024 was $11.3 million, a sequential increase compared to both Q4 2023 and Q1 2023.
Gross profit margin rose to 28.5% with a significant contribution from the Engineering Services division with its excellent 33.3% gross profit.
Net loss for Q1 2024 stands at $2 million, an improvement from the $3 million loss from the same period the previous year.
GSE targets quarterly expenses within the range of $3.5 million to $4 million, with a strategic goal of paying back its $1.8 million debt by May 2025.
GSE Systems報告的新訂單價值爲1,460萬美元,高於上一季度的730萬美元。
2024 年第一季度的收入爲 1,130 萬美元,與 2023 年第四季度和 2023 年第一季度相比連續增長。
毛利率上升至28.5%,其中工程服務部門以其33.3%的出色毛利做出了重大貢獻。
2024年第一季度的淨虧損爲200萬美元,較去年同期的300萬美元虧損有所改善。
GSE的目標是季度支出在350萬美元至400萬美元之間,戰略目標是到2025年5月償還180萬美元的債務。
Business Progress:
業務進展:
The company is making strategic shifts towards extending the operational lifetimes of existing nuclear facilities.
The Engineering Services division secured solid order bookings worth $12.1 million despite market fluctuations.
GSE secured a major order involving simulation support for a US government engineering laboratory and a substantial order from a nuclear services company.
The company is preparing to work with many more SMR developers in the coming years.
The company aims to become a leaner operation, focusing on higher margin business and long-term benefits from improving market environments.
GSE is forging collaborations to offer an integrated suite of its technology and engineering services to clients.
CEO Ravi Khanna envisages a future where the company's deep engineering expertise aligns with technology initiatives such as digital upgrades for power plants.
GSE will participate in the upcoming Lytham Partners Spring 2024 Investor Conference on May 30.
該公司正在進行戰略轉變,以延長現有核設施的運行壽命。
儘管市場波動,工程服務部門仍獲得了價值1,210萬美元的穩健訂單。
GSE獲得了一項涉及對美國政府工程實驗室仿真支持的重大訂單和一家核服務公司的大量訂單。
該公司正準備在未來幾年與更多的SMR開發人員合作。
該公司的目標是成爲一家更精簡的運營機構,專注於更高的利潤率業務和改善市場環境帶來的長期收益。
GSE正在建立合作關係,爲客戶提供一整套技術和工程服務。
首席執行官拉維·卡納設想的未來是,公司深厚的工程專業知識與發電廠數字化升級等技術計劃保持一致。
GSE將於5月30日參加即將舉行的萊瑟姆合夥人2024年春季投資者會議。
More details: GSE Systems IR
更多詳情: GSE 系統紅外
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示:欲了解更多詳情,請訪問投資者關係網站。本文僅供投資者參考,不構成任何投資建議。
譯文內容由第三人軟體翻譯。