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Earnings Call Summary | GSE Systems(GVP.US) Q1 2024 Earnings Conference

Earnings Call Summary | GSE Systems(GVP.US) Q1 2024 Earnings Conference

财报电话会议摘要 | GSE Systems (GVP.US) 2024 年第一季度财报会议
moomoo AI ·  05/15 21:26  · 电话会议

The following is a summary of the GSE Systems, Inc. (GVP) Q1 2024 Earnings Call Transcript:

以下是GSE系统公司(GVP)2024年第一季度财报电话会议记录摘要:

Financial Performance:

财务业绩:

  • 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报告的新订单价值为1,460万美元,高于上一季度的730万美元。

  • 2024 年第一季度的收入为 1,130 万美元,与 2023 年第四季度和 2023 年第一季度相比连续增长。

  • 毛利率上升至28.5%,其中工程服务部门以其33.3%的出色毛利做出了重大贡献。

  • 2024年第一季度的净亏损为200万美元,较去年同期的300万美元亏损有所改善。

  • GSE的目标是季度支出在350万美元至400万美元之间,战略目标是到2025年5月偿还180万美元的债务。

Business Progress:

业务进展:

  • 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.

  • 该公司正在进行战略转变,以延长现有核设施的运行寿命。

  • 尽管市场波动,工程服务部门仍获得了价值1,210万美元的稳健订单。

  • GSE获得了一项涉及对美国政府工程实验室仿真支持的重大订单和一家核服务公司的大量订单。

  • 该公司正准备在未来几年与更多的SMR开发人员合作。

  • 该公司的目标是成为一家更精简的运营机构,专注于更高的利润率业务和改善市场环境带来的长期收益。

  • GSE正在建立合作关系,为客户提供一整套技术和工程服务。

  • 首席执行官拉维·卡纳设想的未来是,公司深厚的工程专业知识与发电厂数字化升级等技术计划保持一致。

  • GSE将于5月30日参加即将举行的莱瑟姆合伙人2024年春季投资者会议。

More details: GSE Systems IR

更多详情: GSE 系统红外

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