Dawson Geophysical (DWSN) Reports Q2 Loss of $0.55

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Dawson Geophysical Reports Second Quarter 2015 Results

August 7, 2015 6:00 AM EDT

MIDLAND, Texas, Aug. 7, 2015 /PRNewswire/ -- Dawson Geophysical Company (NASDAQ: DWSN) today reported results for its second quarter ended June 30, 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. Second quarter fiscal 2015 results reflect the first full quarter of operations for the combined companies. Second quarter fiscal 2015 results are compared to the quarterly... More