Dawson Geophysical (DWSN) Reports Q1 Loss of $0.37

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Go back to Dawson Geophysical (DWSN) Reports Q1 Loss of $0.37

Dawson Geophysical Reports First Quarter 2015 Results

May 18, 2015 5:00 PM EDT

MIDLAND, Texas, May 18, 2015 /PRNewswire/ -- Dawson Geophysical Company (NASDAQ: DWSN) today reported results for its first quarter ended March 31, 2015.

On February 11, 2015, legacy Dawson Geophysical Company and legacy TGC Industries, Inc. consummated their previously announced strategic business combination. The merger transaction was accounted for as a reverse acquisition with legacy Dawson Geophysical being deemed the accounting acquirer. The combined companies adopted a calendar fiscal year ending December 31. First quarter 2015 results reflect the operations of legacy Dawson Geophysical for the period January 1 through March 31, 2015 and the operations of legacy TGC Industries for the period... More