ENGLOBAL POSTS Q4 2019 PROFIT AND PROJECTS PROFITABLE RESULTS FOR Q1 2020
ENGlobal Corporation (ENG)
US:NASDAQ Investor Relations:
englobal.com
Company Research
Source: GlobeNewswire
Conference Call To Discuss 2019 Results Scheduled Today at 9:00 am Eastern Houston, March 26, 2020 (GLOBE NEWSWIRE) -- ENGlobal Corporation (Nasdaq: ENG), a leading provider of engineered modular solutions, today announced that it achieved a profit of $741,000, or $.03 per share, in the fourth quarter of 2019 – the company’s first quarterly profit in five years. The company also announced it is currently on track for continued profitability in the first quarter of 2020. For the year ended December 28, 2019, the company had a net loss of $1,466,000, or $(.05) per share, on revenue of $56,446,000, compared with a net loss of $5,671,000, or $(.21) per share, on revenue of $53,996,000 for the year ended December 29, 2018. ENGlobal’s reduced annual loss – an improvement of 74 percent over 2018 – was primarily the result of the increased revenue and reduced operating cost and expenses in 2019 and a $2.1 million goodwill write off in 2018. At December 28, 2019, E
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News
- ENGlobal Co. (NASDAQ: ENG) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- ENGlobal Co. (NASDAQ: ENG) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- System1, Primech Holdings, Urban-gro among industrial movers [Seeking Alpha]Seeking Alpha
- ENGlobal Announces Full Year 2023 Financial and Operating Results [Yahoo! Finance]Yahoo! Finance
- ENGlobal Announces Full Year 2023 Financial and Operating ResultsAccesswire
ENG
Sec Filings
- 4/1/24 - Form 10-K/A
- 3/29/24 - Form 10-K
- 3/28/24 - Form 8-K
- ENG's page on the SEC website