GSE Systems

GSE Systems, Inc. engages in the provision of engineering services, staffing, and simulation software. It operates through the Performance Improvement Solutions and Nuclear Industry Training and Consulting segments. The Performance Improvement Solutions segment includes power plant high-fidelity simulation solutions, technical engineering services for ASME programs, power plant thermal performance optimization, and interactive computer-based tutorials/simulation. The Nuclear Industry Training and Consulting segment focuses on nuclear operations instructors, procedure writers, technical engineers, and other consultants to the nuclear power industry. The company was founded on March 30, 1994 and is headquartered in Columbia, MD.

Earnings data Q4 2020

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GSE Systems reports sequential growth in Q1 2024 earnings

GSE Systems' Q1 2024 performance showed sequential improvement in new orders and revenues, with a strategic focus on engineering services and debt reduction. Despite facing a net loss, the company is committed to improving operational efficiencies and pursuing higher-margin business opportunities. GSE Systems aims to leverage industry trends and technology advancements to drive future growth and financial health.

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GSE Solutions, Inc. provides performance improvement solutions to the energy and process industries. They improve human performance through turnkey training, unique visualization and simulation applications, and our staff of instructors, as well as plant improvement through our engineering expertise and use of technology to improve plant design, commissioning, and operations.

Conference Call Scheduled for today, May 1 5 , 202 3  at 4:30pm ET COLUMBIA, Md. , May 15, 2023  /PRNewswire/ -- GSE Systems, Inc. ("GSE Solutions", "GSE", or "the Company") (Nasdaq: GVP), a leader in advanced engineering and workforce solutions that support nuclear power and the decarbonization initiatives of the power industry, today announced its financial results for the first quarter ("Q1") ended March 31, 2023.

GSE Systems Reports First Quarter 2023 Financial Results

COLUMBIA, Md. , May 8, 2023 /PRNewswire/ -- GSE Solutions  ("GSE Solutions", "GSE", or "the Company") (N asdaq : GVP), a leader in advanced engineering and workforce solutions that support the future of clean-energy production and decarbonization initiatives of the power industry, today announced that it will issue its financial results press release for the first quarter ended March 31, 2023 on Monday, May 15, 2023 after the close of the stock market.

GSE Solutions Schedules Release of First Quarter Fiscal 2023 Financial Results and Conference Call

COLUMBIA, Md. , April 25, 2023 /PRNewswire/ -- GSE Systems, Inc. ("GSE Solutions", "GSE", or "the Company") (N asdaq : GVP), a leader in advanced engineering and workforce solutions that support the future of clean-energy production and decarbonization initiatives of the power industry, today announced stronger order flow for the first quarter of fiscal 2023 of approximately $19 million.

GSE Systems Secures Approximately $19 Million in New Orders for First Quarter of Fiscal 2023

COLUMBIA, Md. , April 11, 2023 /PRNewswire/ -- GSE Solutions ("GSE Systems, Inc." or "GSE") (Nasdaq: GVP), a leader in advanced engineering and workforce solutions that supports the future of clean-energy production and decarbonization initiatives of the power industry, today announced major enhancements to its EnVision On-Demand cloud-based learning platform.

GSE Makes Major Enhancements to SaaS Workforce Development Training Platform

GSE Systems, Inc. (GVP) Q4 2022 Earnings Conference Call March 30, 2023 4:30 PM ET Corporate Participants Adam Lowensteiner - Lytham Partners Kyle Loudermilk - President and Chief Executive Officer Emmett Pepe - Chief Financial Officer Conference Call Participants Operator Good afternoon, and welcome to the GSE Systems Reports Fourth Quarter and Fiscal Year 2022 Financial Results Conference Call. All participants will be in a listen-only mode today.

GSE Systems, Inc. (GVP) Q4 2022 Earnings Call Transcript

Conference Call Scheduled for today, March 30, 2023  at 4:30pm ET COLUMBIA, Md. , March 30, 2023 /PRNewswire/ -- GSE Systems, Inc. ("GSE Solutions", "GSE", or "the Company") (Nasdaq: GVP), a leader in advanced engineering and workforce solutions that support the future of clean-energy production and overall decarbonization initiatives of the power industry, today announced financial results for the fourth quarter ("Q4") and fiscal year ended December 31, 2022.

GSE Systems Reports Fourth Quarter and Fiscal 2022 Financial Results

COLUMBIA, Md. , March 21, 2023 /PRNewswire/ -- GSE Solutions ("GSE Systems", "GSE", or "the Company") (Nasdaq: GVP), a leader in advanced engineering and workforce solutions that support the future of clean-energy production and decarbonization initiatives of the power industry, today announced that it will issue its financial results press release for the fourth quarter and fiscal year 2022 ended December 31, 2022 on Thursday, March 30, 2023 after the close of the stock market.

GSE Solutions Schedules Release of Fourth Quarter and Fiscal Year 2022 Financial Results and Conference Call

COLUMBIA, Md. , March 1, 2023 /PRNewswire/ -- GSE Solutions ("GSE Systems, Inc." or "GSE") (Nasdaq: GVP), a leader in advanced engineering and workforce solutions that supports the future of clean-energy production and decarbonization initiatives of the power industry, today announced it has appointed a new Vice President of Sales, Raymond A.

GSE Solutions Announces New VP of Sales, Ray Hruby

COLUMBIA, Md. , Feb. 6, 2023 /PRNewswire/ -- GSE Solutions  ("GSE Systems, Inc." or "GSE") (Nasdaq: GVP), a leader in advanced engineering and workforce solutions that supports the future of clean-energy production and decarbonization initiatives of the power industry, today announced it was awarded a new contract in partnership with a nuclear fuels, technology and services supplier to support a large US-based utility with new engineering program services supporting a 24-month fuel cycle operation project.

GSE Solutions Awarded $800K Contract for Nuclear Engineering Services for a 24-month Fuel Cycle Operation

NuScale Power Corp

COLUMBIA, Md. , Jan. 30, 2023 /PRNewswire/ -- GSE Solutions ("GSE Systems, Inc." or "GSE" or the "Company") (Nasdaq: GVP), a leader in advanced engineering and workforce solutions that supports the future of clean-energy production and decarbonization initiatives of the power industry, announced today a contract to work with NuScale Power (NYSE: SMR) ("NuScale") to develop a Hydrogen Plant Model for NuScale's VOYGRTM small modular reactor (SMR) power plant simulator.

GSE Solutions Receives Contract to Develop and Support Hydrogen Plant Model for NuScale Power

COLUMBIA, Md. , Jan. 26, 2023 /PRNewswire/ -- GSE Solutions ("GSE Systems, Inc." or "GSE") (Nasdaq: GVP), a leader in advanced engineering and workforce solutions that supports the future of clean-energy production and decarbonization initiative of the power industry, today announced its management team will be participating in the Lytham Partners Investor Select Conference taking place virtually on January 31, 2023.

GSE Solutions to Participate in the Lytham Partners Investor Select Conference

COLUMBIA, Md. , Jan. 18, 2023 /PRNewswire/ -- GSE Solutions ("GSE Systems, Inc." or "GSE") (Nasdaq: GVP), a leader in advanced engineering and workforce solutions that supports the future of clean-energy production and decarbonization initiative of the power industry, today announced a new contract for the expansion of specialized support services to two US Government engineering laboratories dedicated to the support of the US Navy.

GSE Announces Renewed 5-Year Contract with Additional Options Worth Up to Approximately $28.3M for Engineering Services

COLUMBIA, Md. , Dec. 19, 2022 /PRNewswire/ -- GSE Solutions ("GSE Systems, Inc." or "GSE" or the "Company") (Nasdaq: GVP), a leader in advanced engineering and workforce solutions that supports the future of clean-energy production and decarbonization initiatives of the power industry, announced today that a major southern utility customer has chosen to implement new TSM Enterprise modules that support plant performance and operations optimization.

Nuclear Operator Optimizes Plant with GSE Solutions' New TSM Enterprise Platform Upgrades

COLUMBIA, Md. , Dec. 6, 2022 /PRNewswire/ -- GSE Solutions ("GSE Systems, Inc." or "GSE" or the "Company") (Nasdaq: GVP), a leader in advanced engineering and workforce solutions that supports the future of clean-energy production and decarbonization initiatives of the power industry, announced today that it will build a Hydrogen Plant Model for NuScale Power's VOYGRTM small modular reactor (SMR) plant simulator.

GSE Solutions to Develop First-of-its-kind Hydrogen Plant Model for NuScale Power

GSE Systems, Inc. (NASDAQ:GVP ) Q3 2022 Earnings Conference Call November 14, 2022 4:30 PM ET Company Participants Adam Lowensteiner - Lytham Partners Kyle Loudermilk - President, CEO & Director Emmett Pepe - CFO & Treasurer Conference Call Participants Operator Good afternoon, and welcome to the GSE Systems, Inc. Third Quarter Fiscal Year 2022 Financial Results Conference Call. [Operator Instructions].

GSE Systems, Inc. (GVP) Q3 2022 Earnings Call Transcript

Conference Call Scheduled for today, November 14 , 202 2  at 4:30pm ET COLUMBIA, Md. , Nov. 14, 2022 /PRNewswire/ -- GSE Systems, Inc. ("GSE Solutions", "GSE", or "the Company") (N asdaq : GVP), a leader in advanced engineering and workforce solutions that support the future of clean energy production and overall decarbonization initiatives of the power industry, today announced financial results for the third quarter ("Q3") ended September 30, 2022.

GSE Systems Reports Third Quarter 2022 Financial Results

COLUMBIA, Md. , Nov. 9, 2022 /PRNewswire/ -- GSE Solutions ("GSE Systems, Inc." or "GSE" or the "Company") (Nasdaq: GVP), a leader in advanced engineering and workforce solutions that support the future of clean-energy production and decarbonization initiatives of the power industry, today announced combined-capability contracts valued at $3M for regulatory training and program engineering services for a nuclear operator in the southern United States.

GSE Solutions Awarded $3M Order for Engineering and Workforce Solutions to Support Leading Utility Nuclear Plant Operator

COLUMBIA, Md. , Nov. 8, 2022 /PRNewswire/ -- GSE Solutions ("GSE Systems" or "GSE") (Nasdaq: GVP), a leader in advanced engineering and workforce solutions that support the future of clean energy production and overall decarbonization initiatives of the power industry, today announced that it had been awarded two contract amendments for the continuation and expansion of specialized support services to two US Government engineering laboratories that support the Department of Defense.

GSE Announces Expansion Contracts Worth $3M

COLUMBIA, Md. , Nov. 7, 2022 /PRNewswire/ -- GSE Solutions  ("GSE Systems", "GSE", or "the Company") (Nasdaq: GVP), a leader in advanced engineering and workforce solutions that support the future of clean energy production and decarbonization initiatives of the power industry, today announced that it will issue its financial results press release for the third quarter fiscal 2022 ended September 30, 2022 on Monday, November 14, 2022 after the close of the stock market.

GSE Solutions Schedules Release of Third Quarter Fiscal 2022 Financial Results and Conference Call

COLUMBIA, Md. , Oct. 4, 2022 /PRNewswire/ -- GSE Systems, Inc. ("GSE Solutions" or "GSE")(Nasdaq: GVP), a leader in advanced engineering services and workforce solutions that support the future of clean-energy production and decarbonization initiatives of the power industry, today announced a new contract to implement a digital twin design simulation system for a long-time customer in South Korea.

GSE Solutions Wins Contract to Implement Digital Twin Simulator for Nuclear Plant in Korea

COLUMBIA, Md. , Sept. 28, 2022 /PRNewswire/ -- GSE Systems, Inc. ("GSE Solutions" or "GSE")(Nasdaq: GVP), leader in advanced engineering services and workforce solutions that support the future of clean-energy production and decarbonization initiatives of the power industry, announced today that it has been selected to upgrade the Power Plant simulator at Qatar Aluminium Limited ("Qatalum"), located in Mesaieed, Qatar.

GSE Solutions to Upgrade Qatalum CCGT Simulator

COLUMBIA, Md. , Sept. 22, 2022 /PRNewswire/ -- GSE Systems, Inc. ("GSE Solutions" or "GSE" or the "Company") (Nasdaq: GVP), leader in advanced engineering services and workforce solutions that support the future of clean-energy production and decarbonization initiatives of the power industry, announced today a new $0.5 million contract to provide programmatic services addressing Inservice Inspection (ISI) and Inservice Testing (IST) updates for a nuclear power facility at a US utility.

GSE Solutions Wins Inservice Inspection and Inservice Testing Service Contract

COLUMBIA, Md. , Sept. 20, 2022 /PRNewswire/ -- GSE Systems, Inc. ("GSE Solutions", "GSE", or "the Company") (Nasdaq: GVP), a leader in advanced engineering and workforce solutions primarily for the nuclear power industry, which supports the future of clean energy production and overall decarbonization initiatives, announced today that it will be participating in the Lytham Partners Fall 2022 Investor Conference, taking place virtually on September 28-29, 2022.

GSE Solutions to Participate in the Lytham Partners Fall 2022 Investor Conference

COLUMBIA, Md. , Sept. 8, 2022 /PRNewswire/ -- GSE Systems, Inc. ("GSE Solutions", "GSE", or "the Company") (Nasdaq: GVP), a leader in advanced engineering and workforce solutions primarily for the nuclear power industry, which supports the future of clean energy production and overall decarbonization initiatives, announced today that its President and CEO Kyle Loudermilk will attend the H.C.

GSE Solutions to Attend the H.C. Wainwright 24th Annual Global Investment Conference

-  Legislation calls for $1.4 billion for necessary capital expenditures at facility to comply with extension - COLUMBIA, Md. , Sept. 6, 2022 /PRNewswire/ -- GSE Systems, Inc.  ("GSE Solutions", "GSE", or "the Company") (Nasdaq: GVP), a leader in advanced engineering and workforce solutions primarily for the nuclear power industry, which supports the future of clean energy production and overall decarbonization initiatives, announced today its pleasure that California lawmakers have overwhelmingly approved an operational extension for its sole nuclear facility, Diablo Canyon.

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