Tuesday, August 07, 2012 1:34:37 PM
The Company Achieves $0.03 Diluted EPS for Q2
TARRYTOWN, NY-- SPAR Group, Inc. (SGRP), a leading supplier of retail merchandising and other marketing services throughout the United States and internationally, today announced second quarter 2012 financial results, including revenue of $24.3 million, gross profit of $6.7 million and net income attributable to SPAR Group, Inc. of $718,000. In the first six months of 2012 the Company achieved revenue of $45.4 million, gross profit of $12.5 million and diluted earnings per share of $0.05.
Company Highlights
Second quarter 2012 domestic net income increased 66% to $928,000.
Second quarter consolidated net income attributable to SPAR Group, Inc. increased 41% to $0.03 per diluted share.
Consolidated revenue for the first six months of 2012 increased 40% to $45.4 million.
Consolidated net income attributable to SPAR Group, Inc. for the first six months of 2012 increased 35% to $1.0 million.
Working capital continued to improve.
This all seems to be great news for the Company. Revenue Up, Gross Profit Up, Earnings Up, Out Pacing Guidance… Is there anything I should know about these guys? They seem like they are finally making the push towards being the market leader they have claimed they were going to be for the last several quarters. Seasonality suggests the best is yet to come, so there is definitely cause for optimism. I guess time will tell, but SGRP is definitely back up on my screen.
http://finance.yahoo.com/news/spar-group-reports-53-increase-123000264.html
Recent SGRP News
- Form PREM14A - Preliminary proxy statements relating to merger or acquisition • Edgar (US Regulatory) • 09/13/2024 08:08:04 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 09/12/2024 10:32:25 PM
- Form SC 13D - General Statement of Acquisition of Beneficial Ownership • Edgar (US Regulatory) • 09/09/2024 06:42:21 PM
- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 09/03/2024 12:05:31 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/03/2024 12:05:10 PM
- SPAR Group Enters into Definitive Agreement to be Acquired by Highwire Capital for $2.50 Per Share • GlobeNewswire Inc. • 09/03/2024 12:05:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/15/2024 12:05:19 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2024 08:16:02 PM
- SPAR Group, Inc. Reports Second Quarter 2024 Results • GlobeNewswire Inc. • 08/14/2024 01:59:03 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/13/2024 08:52:04 PM
- Form SC 13D/A - General Statement of Acquisition of Beneficial Ownership: [Amend] • Edgar (US Regulatory) • 08/12/2024 09:07:18 PM
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