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Stock impact report

SPAR Group Announces Financial Results for the First Quarter Ended March 31, 2018

SPAR Group, Inc. (SGRP) 
US:NASDAQ Investor Relations: investors.sparinc.com/investor-relations
Company Research Source: GlobeNewswire
WHITE PLAINS, N.Y., May 15, 2018 (GLOBE NEWSWIRE) -- SPAR Group, Inc. (Nasdaq:SGRP), a leading supplier of retail merchandising, business technology and other marketing services in 10 countries throughout North America, Latin America, Asia Pacific and Africa, today announced financial results for the first quarter ended March 31, 2018. Highlights for the three month period ended March 31, 2018, as compared to the same period in the prior year include: Revenue for the first quarter of 2018 increased $14.7 million, or 36.8 percent, to $54.6 million.  International operations contributed $7.7 million of the increase.  Domestic operations contributed $7 million of the year-over-year revenue growth.Operating income for the first quarter increased $245,000, or 50.5%, to $730,000, compared to $485,000 for the same period last year.  The increase in operating income was primarily driven by the growth in our international operations, partially offset by a decline in our operating profit in Show less Read more
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