Spar group, inc. reports first quarter 2024 results

Auburn hills, mich., may 15, 2024 (globe newswire) -- spar group, inc. (nasdaq: sgrp) (“spar,” “spar group” or the “company”), today announced first-quarter 2024 consolidated revenues of $68.7 million, a 6.7% increase from the first quarter of 2023. consolidated operating income was $9.6 million, up 204% compared to the first quarter of 2023. diluted earnings per share were $0.28, including one-time recognition of a $7.2 million pre-tax gain on sale for the quarter, up 600% from the same period in 2023.
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