SAExploration (SAEX) Misses Q4 EPS by 17c

Go back to SAExploration (SAEX) Misses Q4 EPS by 17c

SAExploration Announces Fourth Quarter and Fiscal Year 2014 Consolidated Financial Results

March 18, 2015 4:15 PM EDT

HOUSTON, March 18, 2015 (GLOBE NEWSWIRE) -- SAExploration Holdings, Inc. (Nasdaq: SAEX) (OTCBB: SAEXW) today announced its consolidated financial results for the fourth quarter ("Q4") and fiscal year ended December 31, 2014.

Fiscal Year 2014 Summary

Achieved high end of revenue and adjusted EBITDA guidance set in November 2014 Revenue of $386.8 million, up 57.7% from 2013 revenue of $245.3 million Gross profit, excluding depreciation expense, of $71.4 million, up from $57.8 million in 2013 Gross margin, excluding depreciation expense, of 18.5% Adjusted EBITDA of $34.1 million, up 27.0%... More

SAExploration Announces Fourth Quarter and Fiscal Year 2014 Consolidated Financial Results

March 18, 2015 4:15 PM EDT

HOUSTON, March 18, 2015 (GLOBE NEWSWIRE) -- SAExploration Holdings, Inc. (Nasdaq: SAEX) (OTCBB: SAEXW) today announced its consolidated financial results for the fourth quarter ("Q4") and fiscal year ended December 31, 2014.

Fiscal Year 2014 Summary

Achieved high end of revenue and adjusted EBITDA guidance set in November 2014 Revenue of $386.8 million, up 57.7% from 2013 revenue of $245.3 million Gross profit, excluding depreciation expense, of $71.4 million, up from $57.8 million in 2013 Gross margin, excluding depreciation expense, of 18.5% Adjusted EBITDA of $34.1 million, up 27.0%... More