SGRP - another solid quarter. Q4 Adj EPS 3 cents, not bad for a stock trading for $0.65.
Outlook sounds bullish too.
"During 2018 we made significant progress in addressing structural issues within our domestic operations, realigning our sales and marketing efforts and improving our technologies. These changes are making a difference and have resulted in improving financial operating results net of one-time charges. On the top line, our team delivered double-digit top-line growth during 2018, with organic growth both domestically and internationally plus the recent acquisition of Resource Plus. While improvements in profitability during 2018 were clouded by one-time charges, we made foundational improvements in our ability to deliver profitable growth, said Chief Executive Officer, Christiaan Olivier. Our pipeline of business opportunities is strong, and we expect continued revenue growth during 2019. We expect to have even stronger growth in profitability during 2019, as we gain further benefit from structural changes.”
