ION Geophysical (IO) Misses Q2 EPS by 10c
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August 5, 2015 4:35 PM EDT
HOUSTON, Aug. 5, 2015 /PRNewswire/ -- ION Geophysical Corporation (NYSE: IO) today reported second quarter 2015 net income of $56.1 million, or $0.34 per diluted share. The second quarter results were positively impacted by special items totaling $100.8 million, or $0.61 per diluted share, primarily related to an additional partial reversal of a litigation reserve. Excluding special items, the Company's second quarter adjusted net loss was $44.7 million, or $(0.27) per share, on revenues of $36.8 million, compared to an adjusted net loss of $5.0 million, or $(0.03) per share, on revenues of $121.5 million in second quarter 2014. A reconciliation of special... More
August 4, 2015 8:10 AM EDT
HOUSTON, Aug. 4, 2015 /PRNewswire/ -- ION Geophysical Corporation (NYSE: IO) today announced that it will release its second quarter 2015 financial results on Wednesday, August 5, 2015 after the market closes. In conjunction with the release, ION has scheduled a conference call, which will be broadcast live over the Internet, for Thursday, August 6 at 10:00 a.m. Eastern Time (9:00 a.m. Central... More
