ION Geophysical

ION Geophysical Corporation is a technology focused company that provides geophysical technology, services and solutions to the global oil and gas industry. The Company offers services and products through four segments: Solutions, Systems, Software and Ocean Bottom Services (OBS). The Company's Solutions segment provides over two service activities: Ventures group and Imaging Services group. The Company's Systems segment's products include Marine Acquisition Systems, Marine Positioning Systems and Geophones. The Company's Software segment provides command and control software systems, related software and services for towed marine streamer, and seabed operations, as well as survey design. The Company, through OceanGeo B.V., offers an integrated OBS solution, which includes expert survey design, planning and optimization, superior data captured using multicomponent acquisition systems available to OceanGeo; data acquisition, and data processing, interpretation and reservoir services.

ION Geophysical - Software Business provides a navigation system and optimizing land and marine seismic crews.

HOUSTON, Jan. 14, 2022 (GLOBE NEWSWIRE) -- ION Geophysical Corporation (NYSE: IO)

ION announces forbearance and amendment related to its revolving credit agreement

HOUSTON, Dec. 23, 2021 (GLOBE NEWSWIRE) -- ION Geophysical Corporation (NYSE: IO) today announced that written notice was received from the New York Stock Exchange (the “NYSE”) that the Company is not in compliance with the continued listing standards set forth in Section 802.01B of the NYSE Listed Company Manual. ION is considered below criteria established by the NYSE for continued listing because its average market capitalization has been less than $50 million over a consecutive 30 trading-day period, and at the same time its last reported stockholders' equity was below $50 million.

ION receives continued listing standards notice from the New York Stock Exchange

ION Geophysical Corporation (IO) CEO Christopher Usher on Q3 2021 Results - Earnings Call Transcript

Ion Geophysical (IO) delivered earnings and revenue surprises of 0.00% and 0.89%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Ion Geophysical (IO) Reports Q3 Loss, Tops Revenue Estimates

HOUSTON, Nov. 03, 2021 (GLOBE NEWSWIRE) -- ION Geophysical Corporation (NYSE: IO) today reported revenues of $44.4 million in the third quarter 2021, a 125% increase compared to $19.7 million in the second quarter 2021 and a 173% increase compared to $16.2 million one year ago.

ION reports third quarter 2021 revenues of $44 million, an increase of 125% sequentially, driven by successful execution of 3D strategy amid gradual market recovery

HOUSTON, Nov. 01, 2021 (GLOBE NEWSWIRE) -- ION Geophysical Corporation (NYSE: IO) today announced that it will release its third quarter 2021 financial results on Wednesday, November 3, 2021 after the market closes. In conjunction with the release, ION has scheduled a conference call, which will be broadcast live over the Internet, on Thursday, November 4, 2021 at 10:00 a.m. Eastern Time (9:00 a.m. Central Time).

ION announces third quarter 2021 earnings and conference call schedule

Ion Geophysical (IO) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Ion Geophysical (IO) Expected to Beat Earnings Estimates: Should You Buy?

Adamis Pharmaceuticals

Farmmi

Lipocine

Progenity

A jump in penny stock prices has retail traders cashing out on big gains. The post Penny Stocks To Watch Today As Buying Drives ADMP, IO, LPCN & Others appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.

Penny Stocks To Watch Today As Buying Drives ADMP, IO, LPCN & Others

The stock price of Ion Geophysical Corp (NYSE: IO) increased by over 35% pre-market today. This is why it happened.

IO Stock: Why It Substantially Increased Today

HOUSTON, Oct. 18, 2021 (GLOBE NEWSWIRE) -- ION Geophysical Corporation (NYSE: IO) today announced that the Company expects third quarter 2021 revenues to be in the range of $44 - 45 million, an increase of approximately 125% sequentially and 175% from the third quarter 2020. In addition, the Company expects to report a significant sequential improvement in third quarter 2021 Adjusted EBITDA (a non-GAAP measure defined later in this release) in the range of $21 - $22 million. At quarter end, the Company's total liquidity improved to approximately $35 million, comprised of $24 million of cash (including net revolver borrowings of $19 million) and $11 million of remaining available borrowing capacity under the revolving credit facility. Bolstered by the third, fully underwritten phase of the Company's Mid North Sea High 3D multi-client program that launched in September, E&P Technology & Services' backlog is estimated to be $12 million.

ION announces preliminary third quarter 2021 revenues of $44 - 45 million, an increase of ~125% sequentially, driven by 3D strategy

Arcos Dorados Hlds

Exterran

Gerdau

Invacare

Regis Corp.

Team

Penny stocks have tons of upside and tons of risk. These seven are NYSE listed, making them safer but not dulling their upside potential.

7 Most Promising Penny Stocks to Buy Before 2021 Ends

HOUSTON, Oct. 14, 2021 (GLOBE NEWSWIRE) -- ION Geophysical Corporation (NYSE: IO) today announced that the Company's climate-smart platform, Marlin SmartPort™, was featured in Gateways to Growth, a British Ports Association program highlighting ports' vital contribution to society and the innovations shaping their pathway to net zero. Developed in collaboration with ports, Marlin SmartPort enables operations to be smarter, safer, and greener by digitalizing processes and connecting stakeholders to critical data. Marlin SmartPort integrates systems and data to provide better real-time visibility and actionable intelligence to operate with just-in-time efficiency, minimizing fuel consumption and emissions. The Gateways to Growth program features several industry thought leaders and organizations driving efforts towards a greener future.

ION recognized for role in reducing ports' impact on climate change and launches new Marlin SmartPort agent portal and billing management solution

Investors need to pay close attention to ION Geophysical (IO) stock based on the movements in the options market lately.

Implied Volatility Surging for ION Geophysical (IO) Stock Options

HOUSTON, Sept. 16, 2021 (GLOBE NEWSWIRE) -- ION Geophysical Corporation's Edinburgh-based Software group today announced the Company received a grant to advance port decarbonization through its climate-smart platform, Marlin SmartPort™. The grant supports the UK's Ten Point Plan to address climate change and help achieve the country's net-zero emissions target by 2050. The Data-Led Emissions Management (D-LEMA) project is part of the Clean Maritime Demonstration Competition, funded by the UK Department for Transport and delivered in partnership with Innovate UK. The 6-month pilot study will validate whether vessel fuel usage and carbon dioxide emissions can be reliably estimated in and around ports using the International Maritime Organization (IMO) global standard.

ION receives grant to support UK net zero target through port decarbonization

ION Geophysical (NYSE: IO) shares are trading higher after the company announced it initiated a review of strategic alternatives. According to the press release, the strategic alternatives include, among others, a sale or other business combination transaction, sales of assets, private or public equity transactions, debt financing, or some combination of these.

Why ION Geophysical Stock Traded Higher During Wednesday's After-Hours Session

HOUSTON, Sept. 15, 2021 (GLOBE NEWSWIRE) -- ION Geophysical Corporation (NYSE: IO) today announced that its Board of Directors (the “Board”) has initiated a process to evaluate a range of strategic alternatives to strengthen its financial position and maximize stakeholder value as the company continues to assess conditions in the capital markets and right-size the business. These strategic alternatives include, among others, a sale or other business combination transaction, sales of assets, private or public equity transactions, debt financing, or some combination of these.

ION initiates review of strategic alternatives

HOUSTON, Sept. 09, 2021 (GLOBE NEWSWIRE) -- ION Geophysical Corporation (NYSE: IO) today announced a third, fully underwritten phase of the Company's Mid North Sea High 3D new acquisition multi-client program. The Mid North Sea High program covers one of the few remaining underexplored areas offshore the UK, where relatively low development costs close to shore make it attractive for future investment. Adjacent to the initial phase, the survey location fills a gap in existing subsurface coverage and is strategically important to expanding ION's regional footprint. Data collection of the ~700 sq km industry-supported survey is expected to occur from mid-September until late October.

ION announces third phase of Mid North Sea High 3D multi-client program

ION Geophysical Corporation (IO) CEO Chris Usher on Q2 2021 Results - Earnings Call Transcript

Ion Geophysical (IO) delivered earnings and revenue surprises of -79.17% and 1.10%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Ion Geophysical (IO) Reports Q2 Loss, Tops Revenue Estimates

Shares of ION Geophysical (NYSE:IO) decreased 8.3% in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share rose 49.41% over the past year to ($0.43), which beat the estimate of ($0.73).

ION Geophysical: Q2 Earnings Insights

HOUSTON, Aug. 11, 2021 (GLOBE NEWSWIRE) -- ION Geophysical Corporation (NYSE: IO) today reported revenues of $19.7 million in the second quarter 2021, a 40% increase compared to $14.0 million in the first quarter 2021 and a 13% decrease compared to $22.7 million one year ago.

ION reports second quarter 2021 results, 3D strategy contributes to 40% sequential revenue increase despite challenging market backdrop

HOUSTON, Aug. 09, 2021 (GLOBE NEWSWIRE) -- ION Geophysical Corporation (NYSE: IO) today announced that it will release its second quarter 2021 financial results on Wednesday, August 11, 2021 after the market closes. In conjunction with the release, ION has scheduled a conference call, which will be broadcast live over the Internet, on Thursday, August 12, 2021 at 10:00 a.m. Eastern Time (9:00 a.m. Central Time).

ION announces second quarter 2021 earnings and conference call schedule

The stock price of Ion Geophysical Corp (NYSE: IO) increased by over 25% pre-market. This is why it happened.

IO Stock Increases Over 25% Pre-Market: Why It Happened

HOUSTON, July 15, 2021 (GLOBE NEWSWIRE) -- ION Geophysical Corporation (NYSE: IO) today announced that the Company expects second quarter 2021 revenues to be approximately $20 million, an improvement of approximately 40% sequentially or a decrease of 13% from the prior period. At quarter end, the Company's total liquidity of approximately $33 million consisted of $27 million of cash (including net revolver borrowings of $20 million) and approximately $6 million of remaining available borrowing capacity under the revolving credit facility. Backlog is estimated to be $14 million as the Company's Mid North Sea High 3D multi-client program in the North Sea proceeded ahead of schedule this quarter, leveraging the Company's proprietary Marlin™ and Orca® digital technologies to acquire the survey in a more efficient, eco-friendly manner.

ION announces preliminary second quarter 2021 revenues of ~$20 million, an increase of ~40% sequentially

HOUSTON, June 30, 2021 (GLOBE NEWSWIRE) -- ION Geophysical Corporation (NYSE: IO) today announced the election of Mr. Mark Doran and Mr. Gary Pittman to its Board of Directors, effective June 28, 2021. Each was also appointed to the Audit Committee of the Board.

News for ION Geophysical Stock (IO)