Geospace Technologies (GEOS) Misses Q2 EPS by 7c

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Go back to Geospace Technologies (GEOS) Misses Q2 EPS by 7c

Geospace Technologies Reports Fiscal Year 2015 Second Quarter Results

May 7, 2015 4:15 PM EDT

HOUSTON--(BUSINESS WIRE)-- Geospace Technologies (NASDAQ: GEOS) today announced a net loss of $5.2 million, or $0.40 per diluted share, on revenues of $27.9 million for its fiscal quarter ended March 31, 2015. This compares with a net income of $10.8 million, or $0.82 per diluted share, on revenues of $68.6 million for the corresponding quarter in the prior fiscal year.

For the six months ended March 31, 2015, the company recorded revenues of $49.1 million and a net loss of $10.6 million, or $0.82 per diluted share. For the comparable period last year, the company recorded revenues of $169.9 million and a net income of $35.0 million, or $2.66... More