COLUMBIA, Md.--(BUSINESS WIRE)-- GSE Systems, Inc. (“GSE Solutions” or “GSE” or the “Company”) (Nasdaq: GVP) a leader in advanced engineering and workforce solutions that support, optimize, and decarbonize operations for the power industry, this year celebrates 50 years of service to power generation industries with a new 5-year vision. 2021 marks the 50th anniversary of GSE delivering the first full-scope nuclear power plant simulator to the Rancho Seco Nuclear Generating Station in California. The Company has since delivered over 170 nuclear plant simulators to customers worldwide and exten...
COLUMBIA, Md.--(BUSINESS WIRE)-- GSE Systems, Inc. (“GSE Solutions”, “GSE”, or “the Company”) (Nasdaq: GVP), a leader in delivering and supporting engineering, compliance, simulation, training and workforce solutions that support decarbonization of the power industry, today announced its financial results for the fourth quarter (“Q4”) and fiscal year ended December 31, 2020. FULL YEAR 2020 OVERVIEW Revenue of $57.6 million, compared to $83.0 million in 2019. Gross profit of $14.8 million, compared to $20.3 million in 2019. Operating loss of $(9.5) million, compared to $(7.4) million in ...
COLUMBIA, Md.--(BUSINESS WIRE)-- GSE Systems, Inc. (“” or “GSE”) (Nasdaq: GVP), a leader in delivering and supporting engineering, compliance, simulation, training and workforce solutions to the power and process industries, today announced that a major energy company in Canada has contracted with GSE to upgrade their on-premises training platform to the new EnVision software as a Service (SaaS) subscription solution, which includes ten comprehensive operational courses. is a cloud-based workforce development solution used by more than 12,000 people around the world, allowing them to learn a...
COLUMBIA, Md.--(BUSINESS WIRE)-- GSE Systems, Inc. (“GSE Solutions” or “GSE”) (Nasdaq: GVP), a leader in delivering and supporting engineering, compliance, simulation, training and workforce solutions that support decarbonization of the power industry, today announced that it will issue its financial results press release for the fourth quarter ended December 31, 2020 on Wednesday, March 31, 2021 after the close of the stock market. Management will host a conference call that day at 4:30 p.m. Eastern Time to discuss the results. Interested parties may participate in the call by dialing: • (8...
COLUMBIA, Md.--(BUSINESS WIRE)-- GSE Systems, Inc. (“GSE Solutions” or “GSE”) (Nasdaq: GVP), a leader in delivering and supporting engineering, compliance, simulation, training and workforce solutions that support decarbonization of the power industry, today announced that it will be hosting a virtual User’s Conference for existing EnVision On-Demand customers to share best practices and innovative ideas. The EnVision User’s Conference is scheduled for March 9-10 with the theme Making Our Workforce Better – Together. This will be a truly international conference with attendees from more than ...
COLUMBIA, Md.--(BUSINESS WIRE)-- , Inc. (“GSE Solutions” or “GSE”) (Nasdaq: GVP), a leader in delivering and supporting engineering, compliance, simulation, training and workforce solutions that support decarbonization of the power industry, today announced that Kyle Loudermilk, President and Chief Executive Officer, and Emmett Pepe, Chief Financial Officer, are scheduled to participate in the Sidoti Spring 2021 Virtual Investor Conference on March 24-25, 2021. Management will be available for one-on-ones throughout both days. Below are the details for GSE’s group presentation: Sidoti Spring ...
COLUMBIA, Md.--(BUSINESS WIRE)-- , Inc. (“GSE Solutions” or “GSE”) (Nasdaq: GVP), a leader in delivering end-to-end training, engineering, compliance, simulation, and workforce solutions that support decarbonization of the power industry, today announced that Kyle Loudermilk, President and Chief Executive Officer, and Emmett Pepe, Chief Financial Officer, are scheduled to present at Diamond Equity Research Emerging Growth Invitational, to be held virtually on February 24, 2021. Below are the Company’s presentation details: Diamond Equity Research Emerging Growth Invitational | Virtual Confere...
COLUMBIA, Md.--(BUSINESS WIRE)-- , Inc. (“GSE Solutions” or “GSE”) (Nasdaq: GVP), a leader in delivering end-to-end training, engineering, compliance, simulation, and workforce solutions to the power industry, today announced support for the American Nuclear Society (ANS) and the 2021 (CONTE 2021). GSE is a sponsor of the conference, to be held virtually February 9-11, 2021, and will present industry thought leadership and advanced solutions in three sessions. The theme of CONTE 2021 is “Learning Towards the Nuclear Industry of Tomorrow” and is centered on education and training’s role in sh...
COLUMBIA, Md.--(BUSINESS WIRE)-- GSE Systems, Inc. (“GSE Solutions”, the “Company” or “GSE”) (Nasdaq: GVP), a leader in delivering end-to-end training, engineering, compliance, simulation, and workforce solutions to the power industry, today announced that its Nuclear Industry Training and Consulting (NITC) group has won three contracts with a combined value of $8.7 million to provide specialized training and staffing support services for large energy companies. Known for its elite nuclear expertise, GSE has a long and proven track record of delivering a talented workforce that is equipped to...
COLUMBIA, Md.--(BUSINESS WIRE)-- GSE Systems, Inc. (“GSE Solutions” or “GSE”) (Nasdaq: GVP), a leader in delivering end-to-end training, engineering, compliance, simulation, and workforce solutions to the power industry, today announced that GSE’s Nuclear Industry Training and Consulting (NITC) group was awarded two master services agreements (MSAs) with a combined total worth of $35 million for qualified contracted engineering and staffing support services at a major US utility. The widening skills gap and aging workforce remain critical challenges for the industry in both the near- and long...
A director at Gse Systems Inc bought 25,000 shares at 1.140USD and the significance rating of the trade was 68/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearl...
COLUMBIA, Md.--(BUSINESS WIRE)-- GSE Systems, Inc. (“GSE Solutions” or “GSE”) (Nasdaq: GVP), a leader in delivering and supporting end-to-end training, engineering, compliance, simulation, and workforce solutions to the power and process industry, today announced a multi-year subscription of its EnVision On-Demand software by a global manufacturer of transportation fuels and petrochemical products. EnVision is a cloud-based Software as a Service (SaaS) workforce development solution that combines computer-based tutorials with high-fidelity simulation models allowing customers to conduct criti...
COLUMBIA, Md.--(BUSINESS WIRE)-- GSE Systems, Inc. (“GSE Solutions”, “GSE” or “the Company”) (Nasdaq: GVP), a leader in delivering and supporting end-to-end training, engineering, compliance, simulation and workforce solutions to the power industry, announced today its financial results for the three months ended September 30, 2020 (“Q3 2020”). Q3 2020 Financial Overview Revenue of $12.9 million, compared to $20.0 million in Q3 2019 Gross profit of $3.3 million, compared to $4.7 million in Q3 2019 Net loss of $0.7 million or $(0.03) per basic and diluted share in Q3 2020, compared to a ...
COLUMBIA, Md.--(BUSINESS WIRE)-- GSE Systems, Inc. (“GSE Solutions” or “GSE”) (Nasdaq: GVP), a leader in delivering and supporting end-to-end training, engineering, compliance, simulation, and workforce solutions to the power industry, today announced that it will issue its financial results press release for the third quarter ended September 30, 2020 on Monday, November 16, 2020 after the close of the stock market. Management will host a conference call that day at 4:30 pm Eastern Time to discuss the results. Interested parties may participate in the call by dialing: (877) 407-9753 (Domest...
COLUMBIA, Md.--(BUSINESS WIRE)-- GSE Systems, Inc. (“GSE Solutions” or “GSE”) (Nasdaq: GVP), a leader in delivering and supporting end-to-end training, engineering, compliance, simulation, and workforce solutions to the power industry, today announced that Brian Greene has been named Vice President of GSE’s Nuclear Industry Training and Consulting business. Mr. Greene brings more than 15 years of staffing industry experience to his new role. He spent more than a decade with System One in the professional staffing space, operating in a diverse portfolio of businesses, with particular focus in ...
COLUMBIA, Md.--(BUSINESS WIRE)-- GSE Systems, Inc. (“GSE Solutions”, “GSE” or “we”) (Nasdaq: GVP), a leader in delivering and supporting end-to-end training, engineering, compliance, simulation and workforce solutions to the power industry, announced today its financial results for the three months ended June 30, 2020. Financial overview for the second quarter of fiscal 2020 Revenue of $14.3 million, compared to $23.5 million in Q2 2019 Gross profit of $3.6 million, compared to $5.9 million in Q2 2019 Net loss of $2.1 million or $(0.11) per basic and diluted share in Q2 2020, compared...
COLUMBIA, Md.--(BUSINESS WIRE)-- GSE Systems, Inc. (“GSE Solutions” or “GSE”) (Nasdaq: GVP), a leader in delivering and supporting end-to-end training, engineering, compliance, simulation, and workforce solutions to the power industry, today announced that it will issue its financial results press release for the second quarter ended June 30, 2020 on Wednesday, August 19, 2020 after the close of the stock market. Management will host a conference call that day at 4:30 pm Eastern Time to discuss the results. Interested parties may participate in the call by dialing: (877) 407-9753 (Domesti...
COLUMBIA, Md.--(BUSINESS WIRE)-- GSE Systems, Inc. (“GSE Solutions”, “GSE” or “the Company”) (Nasdaq: GVP), a leader in delivering and supporting end-to-end training, engineering, compliance, simulation and workforce solutions to the power industry, announced today its financial results for the three months ended March 31, 2020. Financial overview for Q1 2020 Revenue of $17.7 million, compared to $22.2 million in Q1 2019 Gross profit of $4.1 million, compared to $4.7 million in Q1 2019 Net loss of $(6.3) million or $(0.31) per diluted share in Q1 2020, compared to net loss of $(4.3) m...
COLUMBIA, Md.--(BUSINESS WIRE)-- GSE Systems, Inc. (“GSE Solutions” or “GSE”) (Nasdaq: GVP), a leader in delivering and supporting end-to-end training, engineering, compliance, simulation, and workforce solutions to the power industry, today announced that it will issue its financial results press release for the first quarter ended March 31, 2020 on Wednesday, July 22, 2020 after the close of the stock market. Management will host a conference call that day at 4:30 pm Eastern Time to discuss the results. Interested parties may participate in the call by dialing: (877) 407-9753 (Domestic)...
COLUMBIA, Md.--(BUSINESS WIRE)-- GSE Systems, Inc. (“GSE Solutions”, “GSE”, or “the Company”) (Nasdaq: GVP), a leader in delivering and supporting end-to-end training, engineering, compliance, simulation, and workforce solutions to the power industry, today announced that it received a notice letter dated July 8, 2020 from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) stating, that as a result of the Company’s failure to timely file its Quarterly Report on Form 10-Q for the three months ended March 31, 2020 (the “Quarterly Report”), the Company is not in compl...
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