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

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

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.

HOUSTON--(BUSINESS WIRE)--Geospace Technologies (NASDAQ: GEOS) today announced a net loss of $19.2 million, or $(1.42) per diluted share, on revenue of $87.8 million for its fiscal year ended September 30, 2020. This compares with a net loss of $146,000, or ($0.01) per diluted share, on revenue of $95.8 million for the comparable year-ago period. For the fourth quarter ended September 30, 2020, the company reported revenue of $21.5 million and a net loss of $3.9 million, or ($0.29) per diluted

Geospace Technologies Reports Fourth Quarter and Fiscal Year 2020 Results & Announces Stock Repurchase Program

HOUSTON--(BUSINESS WIRE)--Geospace Technologies (NASDAQ: GEOS) (“Geospace” or the “Company”) today announced the addition of Kenneth Asbury, former President and CEO of CACI International, Inc., a multinational defense and intelligence services company, and Margaret Sidney “Sid” Ashworth, former Vice President of Government Relations for Northrop Grumman, a global aerospace and defense contractor, to its board of directors effective December 1, 2020. The new directors further support the Compan

Geospace Technologies Adds Board Directors from Global Defense Contractors

HOUSTON--(BUSINESS WIRE)--Geospace Technologies (NASDAQ: GEOS) today announced that it will release fiscal year 2020 financial results on Thursday, November 19, 2020 after the market closes. In conjunction with the release, Geospace has scheduled a conference call for Friday, November 20, 2020 at 10:00 a.m. Eastern Time (9:00 a.m. Central). What: Geospace Technologies Fiscal Year 2020 Conference Call When: Friday, November 20, 2020 at 10:00 a.m. Eastern Time (9:00 a.m. Central) How: Live via ph

Geospace Technologies Reports Fiscal Year 2020 Results and Conference Call Schedule

HOUSTON--(BUSINESS WIRE)--GEOSPACE Technologies (NASDAQ: GEOS) (“Geospace” or the “Company”) today announced several immediate and upcoming changes to its Board of Directors and the implementation of certain governance measures. Mr. Michael J.

Geospace Technologies Announces Changes to the Board of Directors

Geospace Technologies Corporation (GEOS) CEO Walter Wheeler on Q3 2020 Results-Earnings Call Transcript

HOUSTON--(BUSINESS WIRE)--Geospace Technologies (NASDAQ: GEOS) (the “Company”) today announced a net loss of $2.3 million, or $0.17 per diluted share, on revenue of $22.7 million for its third quarter ended June 30, 2020. This compares to a net loss of $3.7 million, or $0.27 per diluted share, on revenues of $22.9 million for the third quarter of the prior year.

Geospace Technologies Reports Fiscal Year 2020 Third Quarter and Nine-Months Results

HOUSTON--(BUSINESS WIRE)--Geospace Technologies (NASDAQ: GEOS) today announced that it will release third quarter 2020 financial results on Thursday, August 6, 2020 after the market closes. In conjunction with the release, Geospace has scheduled a conference call for Friday, August 7, 2020 at 10:00 a.m.

 Geospace Technologies Reports Third Quarter 2020 Results and Conference Call Schedule

Geospace Technologies Corporation (GEOS) CEO Rick Wheeler on Q1 2020 Results - Earnings Call Transcript

Geospace Technologies Corporation (GEOS) CEO Rick Wheeler on Q4 2019 Results - Earnings Call Transcript

GEOS has endured a prolonged downturn but the company looks set to return to profitability in FY2020.

FY2020 Looks Promising For Geospace Technologies Corp.

Geospace Technologies' (GEOS) CEO Rick Wheeler on Q3 2019 Results - Earnings Call Transcript

Geospace Technologies Corporation (GEOS) CEO Rick Wheeler on Q2 2019 Results - Earnings Call Transcript

News for Geospace Technologies Stock (GEOS)