| Business Summary | | GSE
Systems,
Inc.
develops
and
delivers
business
and
technology
solutions
by
applying
process
control,
simulation
software,
systems
and
services
to
the
energy,
process
and
manufacturing
industries
worldwide.
The
Company's
solutions
and
services
assist
customers
in
improving
quality,
safety
and
throughput,
reducing
operating
expenses
and
enhancing
overall
productivity.
The
Company's
products
are
used
in
over
700
applications,
representing
over
250
customers
in
44
countries,
in
the
specialty
chemical,
food
and
beverage,
pharmaceutical
and
fossil
and
nuclear
power
generation
industries.
The
Company
has
provided
over
500
simulation
and
process
control
systems
to
an
installed
base
of
over
250
customers
worldwide. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | GSE
Systems
designs,
develops
and
delivers
business
and
technology
solutions
by
applying
process
control,
data
acquisition,
simulation,
client/server
and
business
software,
systems
and
services.
For
the
13
weeks
ended
3/31/01,
revenues
decreased
17%
to
$12.5
million.
Net
income
totaled
$1.7
million,
from
$537
thousand.
Revenues
reflect
a
slowdown
in
orders.
Net
income
benefitted
from
the
inclusion
of
a
$3.3
million
gain
on
the
sale
of
assets. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
11,845;
after
tax
earnings
were
468. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1999 Pay | |
| Jerome Feldman, 71 Chairman | -- | Jerry Jen, 52 Pres | $169K | Jeffery Hough, 45 Sr.
VP, CFO, Sec., Treasurer | 196K | Gill Grady, 42 Sr.
VP | 127K | Dollar
amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|