ION Geophysical (IO) Tops Q3 EPS Views
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 4/19/2024
- Nasdaq, S&P tumble as Netflix, chip stocks drag; AmEx boosts Dow
- Sony/Apollo bid for Paramount could be worth as much as $29 billion - Source
- Netflix Q1 earnings top estimates on blowout subscriber growth
- Nasdaq tumbles, Treasuries dip amid earnings, geopolitical crosscurrents
- Gold prices rally past $2,400 on reports of Israel strikes on Iran
- Tritium DCFC Limited (DCFC): Three Australian subsidiaries were determined to be insolvent or likely to become insolvent
- Hasbro (HAS) Announces Resignation of Cynthia Williams, President of Wizards of the Coast and Hasbro Gaming
- Jabil falls after placing CEO on paid leave amid internal investigation
- Frontier Communications (FYBR) says third party had gained unauthorized access to portions of its information technology environment
- Ibotta (IBTA) Prices 6.56M Share IPO at $88/sh
- Midday movers: Netflix, Super Micro fall; Paramount Global gains
- After-hours movers: Netflix, Intuitive Surgical, Nordstrom, KB Home
- Midday movers: Tesla, Blackstone, Las Vegas Sands fall; DR Horton rises
- After-hours movers: Alcoa rises; Equifax and Las Vegas Sands fall
- Midday movers: Travelers, JB Hunt fall; United Airlines rises
ION reports third quarter 2016 results
November 2, 2016 6:23 PM EDTHOUSTON, Nov. 2, 2016 /PRNewswire/ -- ION Geophysical Corporation (NYSE: IO) today reported third quarter 2016 net income of $1.7 million, or $0.14 per diluted share, on revenues of $78.6 million, compared to a net loss of $20.4 million, or $(1.86) per share, on revenues of $66.7 million in third quarter 2015. In comparison, excluding special items, the Company's third quarter 2015 adjusted net loss was $16.9 million, or $(1.54) per share. A reconciliation of special items to the financial results can be found in the financial tables of this press release.
Adjusted EBITDA for third quarter 2016 more than tripled to $24.4 million,... More
