SPAR Group Q3 revenue up 28.2% on US, Canada growth

Reuters

Nov 14

<a href="https://laohu8.com/S/SGRP">SPAR Group</a> Q3 revenue up 28.2% on US, Canada growth

Overview

SPAR Group Q3 rev up 28.2% yr/yr, driven by U.S. and Canada growth
Company reports Q3 net loss of $8.8 mln, impacted by restructuring costs
Adjusted EBITDA for Q3 declines to $90 thousand from $221 thousand last year

Outlook

SPAR Group plans to focus on higher-margin merchandising services in 2026
Company targets SG&A expenses at $6.5 mln per quarter or lower
SPAR Group amended credit facilities to enhance financial flexibility

Result Drivers

REVENUE GROWTH - Net revenues increased 28.2% yr/yr, driven by growth in U.S. and Canada
REVENUE MIX IMPACT - Higher proportion of retailer remodeling work weighed on margins
RESTRUCTURING COSTS - $4 mln restructuring costs incurred in Q3, impacting net loss

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q3 Revenue		$41.42 mln
Q3 EPS		-$0.37
Q3 Net Income		-$8.76 mln
Q3 Gross Profit		$7.69 mln
Q3 Operating Income		-$5.92 mln
Q3 Pretax Profit		-$7.05 mln

Press Release: ID:nGNX84vGvF

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.</p><p>(This story was created using Reuters automation and AI based on LSEG and company data. 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For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.</p><p>(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4009","symbol_name":"广告","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251114:nL1N3WQ0J3:1","article_id":"2583067345","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2583067345","pubTimestamp":1763125793,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"SPAR Group Q3 revenue up 28.2% on US, Canada growthOverviewSPAR Group Q3 rev up 28.2% yr/yr, driven by U.S. and Canada growthCompany reports Q3 net loss of $8.8 mln, impacted by restructuring costsAdj","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4009":"广告","SGRP":"SPAR Group"},"translate_title":"SPAR Group第三季度收入因美国和加拿大增长而增长28.2%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SGRP":0.9},"content_text":"SPAR Group Q3 revenue up 28.2% on US, Canada growthOverviewSPAR Group Q3 rev up 28.2% yr/yr, driven by U.S. and Canada growthCompany reports Q3 net loss of $8.8 mln, impacted by restructuring costsAdjusted EBITDA for Q3 declines to $90 thousand from $221 thousand last yearOutlookSPAR Group plans to focus on higher-margin merchandising services in 2026Company targets SG&A expenses at $6.5 mln per quarter or lowerSPAR Group amended credit facilities to enhance financial flexibilityResult DriversREVENUE GROWTH - Net revenues increased 28.2% yr/yr, driven by growth in U.S. and CanadaREVENUE MIX IMPACT - Higher proportion of retailer remodeling work weighed on marginsRESTRUCTURING COSTS - $4 mln restructuring costs incurred in Q3, impacting net lossKey DetailsMetricBeat/MissActualConsensus EstimateQ3 Revenue$41.42 mlnQ3 EPS-$0.37Q3 Net Income-$8.76 mlnQ3 Gross Profit$7.69 mlnQ3 Operating Income-$5.92 mlnQ3 Pretax Profit-$7.05 mlnPress Release: ID:nGNX84vGvFFor questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}