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
- Kuehn Law Encourages MGRC, SLCA, HCP, and SGRP Investors to Contact Law Firm • PR Newswire (US) • 06/13/2024 12:06:00 PM
- Shoppers Demand Higher Service Levels from Retail, SPAR Group Survey Reveals • Business Wire • 06/12/2024 02:30:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/10/2024 07:52:20 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/07/2024 12:45:58 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/07/2024 12:40:19 PM
- Form 4/A - Statement of changes in beneficial ownership of securities: [Amend] • Edgar (US Regulatory) • 06/07/2024 12:33:28 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 06/06/2024 03:34:35 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/06/2024 12:05:45 PM
- SPAR Group Announces Closing of its Brazil Holding Company Sale • Business Wire • 06/06/2024 12:05:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/05/2024 12:05:15 PM
- SPAR Group Enters into Letter of Intent to go Private with Highwire Capital • Business Wire • 06/05/2024 12:05:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/28/2024 08:47:17 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/17/2024 06:40:26 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/16/2024 08:06:11 PM
- SPAR Group, Inc. Reports First Quarter 2024 Results • GlobeNewswire Inc. • 05/15/2024 12:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/13/2024 08:01:33 PM
- SPAR Group, Inc. Announces Timing of First Quarter Results Conference Call • GlobeNewswire Inc. • 05/09/2024 12:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/08/2024 02:07:20 PM
- SPAR Group Announces Closing of South Africa Joint Venture Sale • GlobeNewswire Inc. • 05/02/2024 12:00:00 PM
- SPAR Group Completes Acquisition of Minority Interest in Resource Plus • GlobeNewswire Inc. • 05/01/2024 12:00:00 PM
- SPAR Group Announces Share Repurchase Authorization • GlobeNewswire Inc. • 04/03/2024 01:05:07 PM
- SPAR Group, Inc. Reports Fourth Quarter and Full Year Fiscal 2023 Results • GlobeNewswire Inc. • 04/01/2024 12:00:00 PM
- SPAR Group Announces Sale of Interest in South Africa and Brazil • Business Wire • 04/01/2024 12:00:00 PM
- SPAR Group, Inc. Announces Timing of Fourth Quarter and Fiscal Year 2023 Results Conference Call • GlobeNewswire Inc. • 03/28/2024 12:33:02 PM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM
Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • CAFI • Jun 18, 2024 8:45 AM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM
ECGI Holdings Announces LOI to Acquire Pacific Saddlery to Capitalize on $12.72 Billion Market Potential • ECGI • Jun 13, 2024 9:50 AM
Fifty 1 Labs, Inc. Announces Major Strategic Advancements and Shareholder Updates • CAFI • Jun 13, 2024 8:45 AM