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.

COLUMBIA, Md., Sept. 27, 2021 /PRNewswire/ -- GSE Systems, Inc. ("GSE Solutions" or "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, has been awarded a contract to upgrade the simulators at two Canadian nuclear power plants.

GSE Solutions Wins Contract for Advanced Simulator Technology Upgrades and Engineering Services Valued at $1.6 Million

COLUMBIA, Md., Sept. 15, 2021 /PRNewswire/ -- GSE Systems, Inc. ("GSE Solutions" or "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, has announced its management team will be participating in Alliance Global Partners' Virtual Energy Conference on Tuesday, September 21, 2021.

GSE Systems to Participate in Alliance Global Partners Virtual Energy Conference

COLUMBIA, Md., Sept. 14, 2021 /PRNewswire/ -- GSE Systems, Inc. ("GSE Solutions" or "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, has been awarded a contract from a large US nuclear 3-unit power plant operator to deliver a web-based Thermal System Monitoring (TSM) Program using GSE's proprietary technology and Data Validation and Reconciliation (DVR) modeling expertise.

GSE Wins Contract for Combined Thermal System Monitoring Software and Data Validation and Reconciliation Solution

GSE Systems, Inc. (GVP) CEO Kyle Loudermilk on Q2 2021 Results - Earnings Call Transcript

COLUMBIA, Md., Aug. 16, 2021 /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 second quarter ended June 30, 2021.

GSE Systems Reports Second Quarter 2021 Financial Results

COLUMBIA, Md., Aug. 10, 2021 /PRNewswire/ -- GSE Systems, Inc. ("GSE Solutions" 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 will issue its financial results press release for the second quarter ended June 30, 2021 on Monday, August 16, 2021 after the close of the stock market.

GSE Schedules Release of Second Quarter 2021 Financial Results and Conference Call

COLUMBIA, Md., July 28, 2021 /PRNewswire/ -- GSE Systems, Inc. ("GSE Solutions" 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, is proud to announce its gold sponsorship at the American Nuclear Society (ANS) Utility Working Conference (UWC) August 8-11.

GSE Solutions a Gold Sponsor at the ANS Utility Working Conference in August

COLUMBIA, Md., July 1, 2021 /PRNewswire/ -- GSE Systems, Inc. ("GSE Solutions" or "GSE") (Nasdaq: GVP), a leader in advanced engineering and workforce solutions that support, optimize and decarbonize operations for the power industry, today announced the sale of a complete simulator solution for a Combined Cycle Gas Turbine (CCGT) plant that belongs to a global energy utility based in Saudi Arabia.

GSE Solutions to Deliver Simulation Solution for Global Energy Utility Based in Saudi Arabia

COLUMBIA, Md., June 8, 2021 /PRNewswire/ -- GSE Systems, Inc. ("GSE Solutions" or "GSE" or the "Company") (Nasdaq: GVP) a leader in advanced engineering and workforce solutions that support, optimize, and decarbonize operations for the power industry, today announced that it will participate in the Lytham Partners Summer 2021 Investor Conference from June 14-16.

GSE Solutions to Present at Lytham Partners Summer 2021 Investor Conference

The stock price of GSE Systems, Inc. (NASDAQ: GVP) increased by 27.8% yesterday. This is why it happened.

GVP Stock Price: 27.8% Increase Explanation

COLUMBIA, Md., May 24, 2021 /PRNewswire/ -- GSE Systems, Inc. (GSE Solutions or GSE) (Nasdaq: GVP) a leader in advanced engineering and workforce solutions that support, optimize and decarbonize operations for the power industry, today announced that their strategic collaboration with ABB Bailey Japan has resulted in a significant project to provide process simulation for NIHONKAI LNG Niigata terminal located in Niigata, Japan.

GSE and ABB Bailey Japan Announce First Project in Strategic Collaboration for the Japanese Energy Industry

COLUMBIA, Md., May 19, 2021 /PRNewswire/ -- GSE Systems, Inc. ("GSE Solutions" or "GSE" or the "Company") (Nasdaq: GVP) a leader in advanced engineering and workforce solutions that support, optimize, and decarbonize operations for the power industry, is pleased to announce that President and CEO Kyle Loudermilk, will be a featured guest on the popular Big Biz Radio Show.

GSE Solution's CEO Interviewed on The Big Biz Radio Show

GSE Systems, Inc. (GVP) CEO Kyle Loudermilk on Q1 2021 Results - Earnings Call Transcript

COLUMBIA, Md., May 17, 2021 /PRNewswire/ -- GSE Systems, Inc. ("GSE Solutions", "GSE", or "the Company") (Nasdaq: GVP), a  leader in delivering and supporting engineering, compliance, simulation, training and workforce solutions that support decarbonization of the power industry, today announced its financial results for the first quarter ("Q1") ended March 31, 2021.

GSE Systems Reports First Quarter 2021 Financial Results

COLUMBIA, Md., May 13, 2021 /PRNewswire/ -- GSE Systems, Inc. ("GSE Solutions" or "GSE") (Nasdaq: GVP), a leader in advanced engineering and workforce solutions that support, optimize, and decarbonize operations for the power industry, today announced that Kyle Loudermilk, President and Chief Executive Officer, and Emmett Pepe, Chief Financial Officer, are scheduled to participate in the Sidoti Virtual Microcap Conference on May 19-20, 2021.

GSE Solutions to Present at the Sidoti Virtual Microcap Conference

COLUMBIA, Md., May 11, 2021 /PRNewswire/ -- GSE Systems, Inc. ("GSE Solutions" or "GSE") (Nasdaq: GVP), a leader in advanced engineering and workforce solutions that support, optimize, and decarbonize operations for the power industry, today announced that it will issue its financial results press release for the first quarter ended March 31, 2021 on Monday, May 17, 2021 after the close of the stock market.

GSE Schedules Release of First Quarter 2021 Financial Results and Conference Call

COLUMBIA, Md.--(BUSINESS WIRE)--GSE Systems, Inc. (“GSE Solutions” or “GSE” or the “Company”) (Nasdaq: GVP) a leader in advanced engineering and workforce solutions that support, optimize, and decarbonize operations for the power industry, this year celebrates 50 years of service to power generation industries with a new 5-year vision. 2021 marks the 50th anniversary of GSE delivering the first full-scope nuclear power plant simulator to the Rancho Seco Nuclear Generating Station in California.

GSE Celebrates 50 Years of Excellence With a New 5-Year Vision to Broaden Its Reach Among Decarbonization Sectors

GSE Systems' (GVP) CEO Kyle Loudermilk on Q4 2020 Results - Earnings Call Transcript

COLUMBIA, Md.--(BUSINESS WIRE)--GSE Systems, Inc. (“GSE Solutions”, “GSE”, or “the Company”) (Nasdaq: GVP), a leader in delivering and supporting engineering, compliance, simulation, training and workforce solutions that support decarbonization of the power industry, today announced its financial results for the fourth quarter (“Q4”) and fiscal year ended December 31, 2020. FULL YEAR 2020 OVERVIEW Revenue of $57.6 million, compared to $83.0 million in 2019. Gross profit of $14.8 million, compar

GSE Solutions Announces Fourth Quarter and Full Year 2020 Financial Results

COLUMBIA, Md.--(BUSINESS WIRE)--GSE Systems, Inc. (“GSE Solutions” or “GSE”) (Nasdaq: GVP), a leader in delivering and supporting engineering, compliance, simulation, training and workforce solutions to the power and process industries, today announced that a major energy company in Canada has contracted with GSE to upgrade their on-premises training platform to the new EnVision software as a Service (SaaS) subscription solution, which includes ten comprehensive operational courses. EnVision is

GSE Delivers SaaS Workforce Development Solution To Major Energy Company in Canada

COLUMBIA, Md.--(BUSINESS WIRE)--GSE Systems, Inc. (“GSE Solutions” or “GSE”) (Nasdaq: GVP), a leader in delivering and supporting engineering, compliance, simulation, training and workforce solutions that support decarbonization of the power industry, today announced that it will issue its financial results press release for the fourth quarter ended December 31, 2020 on Wednesday, March 31, 2021 after the close of the stock market. Management will host a conference call that day at 4:30 p.m. Ea

GSE Schedules Release of Fourth Quarter 2020 Financial Results and Conference Call

COLUMBIA, Md.--(BUSINESS WIRE)--GSE Systems, Inc. (“GSE Solutions” or “GSE”) (Nasdaq: GVP), a leader in delivering and supporting engineering, compliance, simulation, training and workforce solutions that support decarbonization of the power industry, today announced that it will be hosting a virtual User's Conference for existing EnVision On-Demand customers to share best practices and innovative ideas. The EnVision User's Conference is scheduled for March 9-10 with the theme Making Our Workfo

GSE to Host EnVision User's Conference Virtually

COLUMBIA, Md.--(BUSINESS WIRE)--GSE Systems, Inc. (“GSE Solutions” or “GSE”) (Nasdaq: GVP), a leader in delivering and supporting engineering, compliance, simulation, training and workforce solutions that support decarbonization of the power industry, today announced that Kyle Loudermilk, President and Chief Executive Officer, and Emmett Pepe, Chief Financial Officer, are scheduled to participate in the Sidoti Spring 2021 Virtual Investor Conference on March 24-25, 2021. Management will be avai

GSE to Participate in the Sidoti Spring 2021 Virtual Investor Conference

COLUMBIA, Md.--(BUSINESS WIRE)--GSE Systems, Inc. (“GSE Solutions” or “GSE”) (Nasdaq: GVP), a leader in delivering end-to-end training, engineering, compliance, simulation, and workforce solutions that support decarbonization of the power industry, today announced that Kyle Loudermilk, President and Chief Executive Officer, and Emmett Pepe, Chief Financial Officer, are scheduled to present at Diamond Equity Research Emerging Growth Invitational, to be held virtually on February 24, 2021. Below

GSE to Present at the Diamond Equity Research Emerging Growth Invitational on February 24, 2021

COLUMBIA, Md.--(BUSINESS WIRE)--GSE Systems, Inc. (“GSE Solutions” or “GSE”) (Nasdaq: GVP), a leader in delivering end-to-end training, engineering, compliance, simulation, and workforce solutions to the power industry, today announced support for the American Nuclear Society (ANS) and the 2021 Conference on Nuclear Training and Education (CONTE 2021). GSE is a sponsor of the conference, to be held virtually February 9-11, 2021, and will present industry thought leadership and advanced solution

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