Welcome to our dedicated page for Englobal news (Ticker: ENG), a resource for investors and traders seeking the latest updates and insights on Englobal stock.
ENGlobal Corporation (NASDAQ:ENG) provides specialty engineering services focused on automation solutions and critical infrastructure projects across energy and government sectors. This news hub offers investors and industry professionals centralized access to official company announcements and material developments.
Our curated collection features verified press releases covering earnings reports, contract awards, operational updates, and strategic initiatives. Users can track ENGlobal's EPCM project milestones, automation system implementations, and government sector engagements through primary source documentation.
The resource prioritizes timely updates on engineering service innovations, safety certifications, and leadership changes that impact the company's market position. Content is organized for quick scanning while maintaining compliance with financial disclosure standards.
Bookmark this page for direct access to ENGlobal's latest corporate communications, including project completions, partnership announcements, and regulatory filings. Check regularly for updates reflecting the company's evolving role in energy automation and government infrastructure solutions.
ENGlobal (NASDAQ:ENG), a leader in project solutions for energy sectors, will announce its Q1 2021 financial results on May 6, 2021, at 8:00 AM ET, followed by a conference call at 9:00 AM ET. Key executives, including CEO Mark Hess and CFO Darren Spriggs, will discuss financial highlights and prospects for contract awards. Participants can join via phone or listen online. A replay will be available after the call until May 13, 2021. The company operates through two segments: U.S. and Government Services, focusing on engineering and automated control systems.
ENGlobal Corporation (NASDAQ:ENG) reported a net loss of $625,000, or $(0.02) per share, for the year ended December 26, 2020, improving from a net loss of $(1.466 million in 2019. Revenue increased by $8 million (14.2%) to $64.4 million, driven by a 33.5% rise in its EPCM segment. Cash on hand rose to $13.7 million, including a PPP loan of $4.9 million. Despite challenges from COVID-19, ENGlobal is positioned for growth with significant proposal activity valued at $278 million in early 2021, aiming to rebuild its backlog, which ended 2020 at $24 million.
ENGlobal (NASDAQ:ENG), a leading engineering and automation services provider for the energy sector, will host a conference call on March 11, 2021, at 9:00 am EST to discuss its year-end 2020 financial results, which will be released at 8:00 am. Newly appointed CEO Mark Hess, CFO Darren Spriggs, and President Roger Westerlind will highlight 2020 achievements and offer insights into potential contract awards and growth outlook for 2021. Interested parties can join via a toll-free number or through a live broadcast on the Internet.
ENGlobal (NASDAQ:ENG) has scheduled a conference call on March 11, 2021, at 9:00 AM EST to discuss its year-end 2020 financial results. The results will be released at 8:00 AM on the same day. Key executives, including CEO Mark Hess and CFO Darren Spriggs, will highlight the company's performance, potential contract awards, and growth outlook for 2021. The call can be accessed both via phone and online, with a replay available until March 18.
HOUSTON, TX / ACCESSWIRE / March 1, 2021 / ENGlobal Corporation (NASDAQ:ENG) announced the retirement of CEO William A. Coskey, effective March 12, 2021, with CFO Mark A. Hess succeeding him. Coskey will remain as chairman. Roger Westerlind will become President, and Darren Spriggs will take over as CFO. The leadership transition aims to leverage opportunities in the green energy sector. ENGlobal continues to strengthen its integrated project solutions capabilities in automation and engineering services.
ENGlobal Corporation (NASDAQ:ENG) has provided a progress report on its contract to engineer and fabricate the first modular hydrogen production facility in the U.S., valued at approximately $25 million. The project is on schedule and within budget, with engineering completed and fabrication underway. Utilizing a hydrogen reforming technology that consumes 20% less feed gas, the facility promises reduced operating costs and a lower carbon footprint. ENGlobal is also pursuing various projects valued between $20 million and $120 million, expanding its role in green energy technologies.
ENGlobal (NASDAQ: ENG) has announced that it has regained compliance with the NASDAQ minimum bid price requirement. The official notification, dated December 4, 2020, confirmed that for 10 consecutive business days, from November 19 to December 3, the company's stock price was at $1.00 or above. This compliance with NASDAQ Listing Rule 5550(a)(2) allows ENGlobal to maintain its listing. The company offers engineering and automation services mainly to the energy sector.
ENGlobal Corporation (NASDAQ:ENG) reported a 13% increase in Q3 2020 revenue, reaching $15.7 million, compared to $14.0 million in Q3 2019. The growth was driven by an 88% revenue increase in the Engineering, Procurement and Construction Management (EPCM) segment, although offset by a 21% decrease in the Automation segment due to COVID-19. ENGlobal's net loss widened to $(1.1 million), or $(0.04) per share. Year-to-date, revenue grew by 33% to $52.9 million, leading to a net income of $59,000 for the first nine months.
ENGlobal (NASDAQ:ENG) will announce its third quarter 2020 financial results on November 5, 2020, at 8:00 am EST. Following this, a conference call hosted by CEO William Coskey and CFO Mark Hess will take place at 9:00 am EST to discuss the highlights, updates on potential contract awards, and the company's growth outlook. Participants can join via telephone or listen online. Key risks affecting the company's business include the impact of COVID-19, economic downturns, and dependence on key clients.
