Today it was reported that the COO of Spar Group (NASDAQ: SGRP), Kori Belzer, exercised options to buy 150,000 SGRP shares at $0.40 a share, for a total transaction value of $60K.
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Based on Spar Group’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $59.22 million and GAAP net loss of $1.76 million. In comparison, last year the company earned revenue of $42.72 million and had a net profit of $343K. Currently, Spar Group has an average volume of 5,451.
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SPAR Group, Inc. engages in the provision of merchandising and marketing services. It operates through the Domestic, and International segments. The Domestic segment covers services in the United States of America since certain of its predecessors were formed.
