Maryland Daily Record Maryland's trusted source for business and legal news
GP Strategies, of Elkridge, reported a strong fourth quarter buoyed by revenue from acquisitions. The company, a provider of training, e-learning, management consulting and engineering services, reported net income of $6.1 million, or 32 cents per share, on revenue of $106 million, compared to net income of $5.9 million, or 31 cents per share, on revenue of $93.9 million for the year-ago quarter.
Analysts polled by Thomson Reuters had forecast, on average, earnings of 31 cents per share on revenue of $103.38 million. The company said revenue growth was driven by previously completed acquisitions combined with strong organic growth.
