Geospace Technologies (GEOS) Posts Surprise Q4 Loss
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Dougherty Downgrades Geospace Technologies (GEOS) to Neutral on Seismic Market Weakness, Lack of Visibility
November 21, 2014 3:43 PM ESTDougherty & Co downgraded Geospace Technologies (NASDAQ: GEOS) from Buy to Neutral and removed its price target (prior $45.00). Analyst Joe Maxa said it looks like a difficult year.
"GEOS's 4Q14 results of $26.3M/($0.14) missed our $30.0M/$0.08 estimates by $3.7M/ $0.22 due to weaker than expected product demand,... More
