secwatch.observer — SEC 8-K summary
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Issuer:     SPAR Group, Inc. (SGRP)
CIK:        0001004989
Form:       8-K
Filed at:   2024-05-16T23:59:59+00:00
Accession:  0001437749-24-017290
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SPAR Q1 revenue $68.7M (+7% YoY); EPS $0.28 vs $0.04; includes $7.2M gain on sale
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- Net revenues $68.7M, up 7% YoY; operating income $9.6M, up 204% from $3.2M.
- Diluted EPS $0.28 vs $0.04 prior year; includes $7.2M pre-tax gain on business sales.
- Adjusted diluted EPS $0.06 vs $0.05; adjusted EBITDA $3.4M vs $4.2M prior year.
- Americas revenue up 12.5% on US/Canada remodel recovery; APAC -5.5%; EMEA -14.7%.
- Sold Australia, China, South Africa, Brazil; bought 1M shares; owns 100% of US JV.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1004989/000143774924017290/0001437749-24-017290-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1004989/000143774924017290/sgrp20240503_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-017290

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer