Geospace Technologies

Geospace Technologies Corp. designs and manufactures instruments and equipment used in the oil and gas industry for acquisition and processing of seismic data. It operates through the following business segments: Oil &Gas Markets, Adjacent Markets and Emerging Markets. The Oil & Gas Markets segments products include wireless seismic data acquisition systems, reservoir characterization products and services, and traditional seismic exploration products such as geophones, hydrophones, leader wire, connectors, cables, marine streamer retrieval and steering devices and various other seismic products. The Adjacent Markets segment leverage upon existing manufacturing facilities and engineering capabilities. The Emerging Markets segment consists of recent acquisition of Quantum. The company was founded in 1980 and is headquartered in Houston, TX.

Earnings data Q2 2021

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Earnings data Q4 2022

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Earnings data Q2 2023

Earnings data Q3 2023

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Geospace Technologies reports robust Q1 revenue amidst strategic challenges

Geospace Technologies delivered strong revenue growth in Q1 2023 driven by the Oil and Gas segment, despite facing challenges regarding financial performance and strategy. Strategic diversification efforts and new contracts signal growth potential in emerging markets. The company faces opportunities in expanding product lines and streamlining operations for improved profitability.

Geospace Technologies reports highest revenue in 9 years, eyes carbon capture growth

Geospace Technologies' Q2 2023 performance showcased robust revenue growth, effective cost management, and promising prospects in carbon capture monitoring. While facing supply chain challenges, the company's revenue diversification and focus on precision monitoring present avenues for future growth. Strategic investments in rental fleet and equipment underscore a commitment to meeting market demand and expanding capabilities.

Geospace Technologies posts record revenue in Q3, eyes diversification

Geospace Technologies reported a profitable quarter with record revenue, driven by strong performance in key segments. While challenges in managing operating expenses exist, the company is well-positioned for growth with new contracts and a focus on diversification.

Geospace Technologies reports positive earnings, eyes revenue growth in 2024

Geospace Technologies delivered positive earnings and revenue growth in Q4 2023, driven by increased utilization of key products.
The company is focused on evaluating business segments, reducing costs, and returning capital to shareholders in fiscal year 2024.
Challenges include anticipated gaps in rental contracts and supply chain issues, but opportunities exist for revenue growth and product expansion.
Geospace remains cautious about capital investments but is strategically addressing challenges to drive future profitability.

Geospace Technologies reports stellar Q1 results, eyes international growth

Geospace Technologies' Q1 2024 performance was robust, driven by the sale of the Mariner system and optimistic outlook on oil and gas market demand. While facing challenges in sustaining growth in adjacent markets, the company maintains a strong financial position and eyes lucrative opportunities in international contracts and government partnerships.

Geospace Technologies reports solid earnings, eyes growth opportunities ahead

Geospace Technologies navigated a mixed performance landscape with strong financials and revenue diversification across segments.
While facing challenges in the Oil and Gas Markets segment, the company capitalized on opportunities in Adjacent and Emerging Markets.
Strategic leadership appointments and planned investments position the company for future growth and operational efficiency.
Anticipated revenue growth in the second half and discussions for future revenue opportunities signal a positive outlook for Geospace Technologies.

Geospace Technologies reports Q3 profit, eyes growth in emerging markets

Geospace Technologies delivered a mixed performance in Q3 2024, with strong revenue growth in certain segments offset by challenges in others. The company's strategic focus on emerging technologies and market diversification presents both opportunities and challenges for future growth.

Geospace Technologies reports highest revenue in a decade, transitions business

Geospace Technologies had a strong performance in FY 2024 with record revenue and key product successes. While facing challenges from the divestment and CEO transition, the company remains debt-free with ample cash reserves. Opportunities lie in new business segments and strategic investments for future growth.

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Geospace Technologies Corp. engages in the design and manufacture of seismic instruments and equipment. It operates through the following segments: Oil and Gas Markets, Adjacent Markets, Emerging Markets, and Corporate. The Oil and Gas Markets segment includes wireless seismic data acquisition systems, reservoir characterization products and services, and traditional seismic exploration products such as geophones, hydrophones, leader wire, connectors, cables, marine streamer retrieval and steering devices, and various other seismic products. The Adjacent Markets segment consists of imaging equipment, water meter products, remote shut-off valves and IoT platform, as well as seismic sensors used for vibration monitoring and geotechnical applications such as mine safety applications and earthquake detection. The Emerging Markets segment markets seismic products targeted at the border and perimeter security markets. The company was founded in 1980 and is headquartered in Houston, TX.

Geospace posts a loss in the fourth quarter of fiscal 2024 despite revenue growth in the Adjacent Markets segment.

GEOS Stock Declines After Q4 Earnings Amid Mixed Segment Performance

Geospace Technologies Corporation (NASDAQ:GEOS ) Q4 2024 Earnings Conference Call November 22, 2024 10:00 AM ET Company Participants Robert Curda - CFO Rich Kelley - President and CEO Conference Call Participants Jeffrey Feldman - Primary Succession Capital Scott Bundy - Moors & Cabot Operator Welcome to the Geospace Technologies Fourth Quarter and Fiscal Year 2024 Earnings Conference Call. Hosting the call today from Geospace is Mr.

Geospace Technologies Corporation (GEOS) Q4 2024 Earnings Call Transcript

HOUSTON--(BUSINESS WIRE)-- #energyexploration--For FY24, Geospace a net loss of $6.6 million after fourth quarter non-cash charges of $17.3 million on revenue of $135.6 million.

Geospace Technologies Reports Fourth Quarter and Fiscal Year 2024 Results

HOUSTON--(BUSINESS WIRE)-- #energyexploration--Geospace Technologies (NASDAQ: GEOS) will release fourth quarter and fiscal year 2024 financial results on Thursday, November 21, 2024.

Geospace Technologies Schedules Fourth Quarter and Fiscal Year 2024 Earnings Call

HOUSTON--(BUSINESS WIRE)-- #energyexploration--Geospace (NASDAQ: GEOS) announces $10.5M sale of OBX-750E seabed ocean bottom wireless seismic data acquisition nodes to SAExploration,.

Geospace Technologies Closes Ocean Bottom Node Purchase Contract With Estimated Value of $10.5 Million

Geospace Technologies Corporation (NASDAQ:GEOS ) Q3 2024 Earnings Conference Call August 9, 2024 10:00 AM ET Company Participants Rick Wheeler - President & Chief Executive Officer Robert Curda - Chief Financial Officer Rich Kelley - Chief Operating Officer Conference Call Participants Josh Goldberg - G2 Bill Dezellem - Tieton Capital Scott Bundy - Moors & Cabot Operator Welcome to the Geospace Technologies Third Quarter 2024 Earnings Conference Call. Hosting the call today from Geospace is Mr.

Geospace Technologies Corporation (GEOS) Q3 2024 Earnings Call Transcript

Despite strength in the majority of Geospace Technologies (GEOS) segments, overall revenues decline year over year.

Geospace Technologies (GEOS) Q3 Earnings and Revenues Decline Y/Y

HOUSTON--(BUSINESS WIRE)-- #energyexploration--Geospace (GEOS) reports $25.9M revenue for its third quarter fiscal year 2024 and announces leadership transition plan.

Geospace Technologies Corporation Reports Third Quarter and Nine-month 2024 Earnings

HOUSTON--(BUSINESS WIRE)-- #energyexploration--Geospace will release its third quarter of fiscal year 2024 financial results after the market closes on Aug. 8, 2024.

Geospace Technologies Schedules Third Quarter of Fiscal Year 2024 Earnings Call

HOUSTON--(BUSINESS WIRE)-- #energyexploration--Geospace (NASDAQ: GEOS) will be added to the Russell 2000®, Russell 3000®, and Russell Micro-Cap® Index which will be effective on July 1, 2024.

Geospace Technologies Joins Russell 2000®, Russell 3000® and Russell Micro-Cap Indexes

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Discover why Zacks rates Geospace Technologies as "Neutral," being the first on Wall Street to initiate coverage on the stock. Explore GEOS' strategic shifts and financial health amid market challenges.

Zacks Initiates Coverage of Geospace Technologies With Neutral Recommendation

Geospace Technologies Corporation (NASDAQ:GEOS ) Q2 2024 Earnings Conference Call May 10, 2024 10:00 AM ET Company Participants Rick Wheeler - President and Chief Executive Officer Robert Curda - Chief Financial Officer Conference Call Participants Bill Dezellem - Tieton Capital Operator Welcome to the Geospace Technologies Second Quarter 2024 Earnings Conference Call. Hosting the call today from Geospace is Mr.

Geospace Technologies Corporation (GEOS) Q2 2024 Earnings Call Transcript

HOUSTON--(BUSINESS WIRE)-- #energyexploration--Geospace (GEOS) reports $24.3M revenue for its second quarter ended March 31, 2024, compared to $31.4M revenue for the comparable year-ago quarter.

Geospace Technologies Corporation Reports Second Quarter and Six-Month 2024 Earnings

HOUSTON--(BUSINESS WIRE)-- #energyexploration--Geospace (NASDAQ: GEOS) will release 2QFY2024 financial results on Thursday, May 9, 2024 and hold a call Friday, May 10, 2024 at 10 a.m. ET.

Geospace Technologies Schedules Second Quarter of Fiscal Year 2024 Earnings Call

HOUSTON--(BUSINESS WIRE)-- #energyexploration--Geospace releases an all-in-one, ultralight weight, land-based, wireless seismic data acquisition solution called the Pioneer™.

Geospace Technologies Releases Lightweight, Long Lasting Land Seismic Data Acquisition Node

Geospace Technologies Corporation (GEOS) Q1 2024 Earnings Call Transcript

HOUSTON--(BUSINESS WIRE)-- #energyexploration--For first quarter ended Dec. 31, 2023, Geospace (NASDAQ: GEOS) reports revenue of $50M and net income of $12.7M, or $0.94 per diluted share.

Geospace Technologies Corporation Reports Profitable First Quarter of Fiscal Year 2024 and Highest Quarterly Revenue in Nearly Ten Years

HOUSTON--(BUSINESS WIRE)--Geospace Technologies (NASDAQ: GEOS) today announced that it will release first quarter of fiscal year 2024 financial results on Wednesday, February 7, 2024 after the market closes. In conjunction with the release, Geospace has scheduled a conference call for Thursday, February 8, 2024 at 10:00 a.m. Eastern Time (9:00 a.m. Central).

Geospace Technologies Schedules First Quarter of Fiscal Year 2024 Earnings Call

Geospace Technologies has faced weak demand in the recent past due to overinvestment by customers. In response, Geospace Technologies has expanded into new markets such as industrial sensing, smart water technologies, and security & surveillance. While Geospace Technologies is still dependent on oil and gas CapEx, its business is now far more diversified and warrants a higher valuation.

Geospace Technologies: More Than Meets The Eye

GEOS has a stable platform with increasing rental revenues and a near-pristine balance sheet. The company has received several contracts for its Mariner Ocean bottom nodes and monitoring products. The market for smart meters and reservoir monitoring presents key growth areas for GEOS.

Geospace Technologies: Project Flow Signals Upside Potential (Rating Upgrade)

HOUSTON--(BUSINESS WIRE)-- #energyexploration--Geospace (NASDAQ:GEOS) announces Stephen Jumper, former Chairman of the Board, President and CEO of Dawson Geophysical, joins its Board.

Seismic Industry Veteran Stephen Jumper Joins Geospace Technologies Board of Directors

Geospace Technologies Corporation (NASDAQ:GEOS ) Q4 2023 Earnings Conference Call November 17, 2023 10:00 AM ET Company Participants Rick Wheeler - President and Chief Executive Officer Robert Curda - Chief Financial Officer Conference Call Participants Martin Lorenzen - Private Investor William Dezellem - Tieton Capital Dennis Scannell - Rutabaga Capital Scott Bundy - Moors & Cabot Donald Collins - Ironwood Michael Melby - Gate City Capital Operator Welcome to the Geospace Technologies Fourth Quarter and Full Year 2023 Earnings Conference Call. Hosting the call today from Geospace is Mr.

Geospace Technologies Corporation (GEOS) Q4 2023 Earnings Call Transcript

HOUSTON--(BUSINESS WIRE)-- #energyexploration--Geospace announces net income of $12.2 million, or $0.92 per diluted share, on revenue of $124.5 million for its fiscal year ended September 30, 2023.

Geospace Technologies Reports Profitable Fourth Quarter and Fiscal Year 2023 Results

HOUSTON--(BUSINESS WIRE)-- #energyexploration--Geospace Technologies (NASDAQ: GEOS) today announced that it will release fourth quarter and fiscal year 2023 financial results on Thursday, November 16, 2023 after the market closes. In conjunction with the release, Geospace has scheduled a conference call for Friday, November 17, 2023 at 10:00 a.m. Eastern Time (9:00 a.m. Central). WHAT: Geospace Technologies Fourth Quarter and Fiscal Year 2023 Results Conference Call WHEN: Friday, November 17, 2023 at 10:00 a.m. Eas.

News for Geospace Technologies Stock (GEOS)