Revenue Update on GP Strategies Corp(NYSE:GPX)

GP Strategies Corp(NYSE:GPX) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during Pre-market on Jul 28, 2016. Company reported revenue of $125.54M. Analysts estimated a revenue of $127.96M. Earnings per share were $0.31. Analysts had estimated an EPS of $0.32.

GP Strategies Corp (GPX) made into the market gainers list on Thursdays trading session with the shares advancing 1.82% or 0.41 points. Due to strong positive momentum, the stock ended at $22.97, which is also near the day’s high of $23. The stock began the session at $22.63 and the volume stood at 55,380 shares. The 52-week high of the shares is $28.59 and the 52 week low is $19.59. The company has a current market capitalization of $382 M and it has 1,66,27,321 shares in outstanding.

Several Insider Transactions has been reported to the SEC. On Mar 7, 2016, Deborah Ung (Senior Vice President) sold 1,200 shares at $25.18 per share price.Also, On Dec 3, 2015, Donald R Duquette (Executive Vice President) sold 2,100 shares at $28.06 per share price.On Aug 5, 2015, A Marvin Strait (director) purchased 1,000 shares at $27.41 per share price, according to the Form-4 filing with the securities and exchange commission.

GP Strategies Corporation (GP Strategies) is a performance improvement solutions provider of training e-Learning solutions management consulting and engineering services. The Company operates in five segments: Learning Solutions which delivers training curriculum design and development e-Learning services system hosting training business process outsourcing and consulting services; Professional and Technical Services which provides training consulting engineering and technical services including lean consulting emergency preparedness safety and regulatory compliance chemical demilitarization and environmental services; Sandy Training & Marketing which provides product sales training; Performance Readiness Solutions which provides performance consulting and technology consulting services and Energy Services which provides engineering services products and training primarily to electric power generators.

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