Englobal announces 2020 financial results

Investor conference call scheduled today at 9:00 am eastern houston, tx / accesswire / march 11, 2021 / englobal corporation (nasdaq:eng), a leading provider of complete project solutions for renewable and traditional energy, today announced that, for the year ended december 26, 2020, the company posted a net loss of $625,000, or $(.02) per share, on revenue of $64,449,000, compared with a net loss of $1,466,000, or $(.05) per share, on revenue of $56,446,000 for the year ended december 28, 2019. the company's $8.0 million, or 14.2 percent, improvement in revenue compared to the prior year was primarily the result of an increase in revenue from the engineering, procurement, construction management (epcm) segment of $6.5 million, or 33.5 percent, to $25.9 million for 2020 as compared with $19.4 million in 2019.
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