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Englobal Corporation - ENG STOCK NEWS

Welcome to our dedicated news page for Englobal Corporation (Ticker: ENG), a resource for investors and traders seeking the latest updates and insights on Englobal Corporation.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Englobal Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Englobal Corporation's position in the market.

Rhea-AI Summary
ENGlobal (ENG) announced the filing of its 2023 annual report, revealing a challenging year with a net loss of $15.2 million and revenues of $39.0 million. The company aims to reposition itself for future opportunities and improve financial and operational performance.
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ENGlobal Corporation (ENG) Regains Compliance with Nasdaq Minimum Bid Price Requirement
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2.98%
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ENGlobal Corporation (ENG) announces a one-for-eight reverse stock split to satisfy Nasdaq's minimum bid price requirement. The company received a notification letter from Nasdaq for non-compliance with the minimum stockholders' equity requirement.
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ENGlobal Corporation (NASDAQ:ENG) has filed its third quarter report on Form 10-Q with the U.S. Securities and Exchange Commission for the quarter ended September 30, 2023. The report details ENGlobal's third quarter financial and operational results, showing significant progress in their quest to reemerge as a leading project engineering and automation company. ENGlobal's Founder, Chairman, and CEO, William A. Coskey, P.E., expressed optimism regarding the improved financial and operational performance.
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ENGlobal Corporation has filed its second quarter report on Form 10-Q with the U.S. Securities and Exchange Commission. The report highlights the company's financial and operational results for the quarter ended July 1, 2023. Revenues for the quarter were $9.7 million, a decrease of $1.7 million compared to the same period last year. The operating loss for the second quarter was $4.3 million, and the net loss was $4.3 million. ENGlobal's comprehensive financial statements can be found in the quarterly report filed with the SEC.
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ENGlobal Corporation's annual shareholders' meeting was held on June 29, 2023 in Houston. Majority of shares were cast in favor of the election of directors and ratification of Moss Adams as the auditor for fiscal year 2023. Proposals to amend the Articles of Incorporation also received affirmative votes.
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Englobal Corporation

Nasdaq:ENG

ENG Rankings

ENG Stock Data

9.44M
3.83M
25.71%
5.63%
0.64%
Engineering Services
Professional, Scientific, and Technical Services
Link
United States
Houston

About ENG

who we are englobal founded in 1985, englobal (nasdaq: eng) is a specialty engineering services firm that focuses on automation solutions and select epcm projects for the energy industry and markets throughout the world. our automation segment specializes in integrated services related to the design, fabrication and implementation of advanced automation, control, instrumentation and process analytical systems. the epcm segment provides consulting services for the development, management and execution of projects requiring professional engineering, construction management, and related support services. markets served upstream midstream downstream pulp and paper alternative energy government core values health, safety and environment commitment integrity and accountability always teamwork in all we do quality throughout communication from the start vision our vision is to become the preferred provider of innovative automation integration services and select epcm projects to clients acros