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Stock impact report

SPAR Group Announces Financial Results for the First Quarter Ended March 31, 2019

SPAR Group, Inc (SGRP)  More Company Research Source: GlobeNewswire
US:NASDAQ Investor Relations: investors.sparinc.com/investor-relations
PDF WHITE PLAINS, N.Y., May 15, 2019 (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, 2019. Highlights for the three-month period ended March 31, 2019, as compared to the same period in the prior year include: Revenue for the first quarter of 2019 increased $2.6 million, or 5 percent, to $57.2 million.  International operations contributed $2.3 million of the increase.  Domestic operations contributed $300,000 of the year-over-year revenue growth.Operating income for the first quarter increased $1 million to $1.7 million, compared to $730,000 for the same period last year. The increase in operating income was primarily driven by domestic operations.Net income attributable to SPAR Group for the first quarter of 2019 was $619,000, or $0.03 [Read more]
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