Geospace Technologies (GEOS) Misses Q2 Expectations
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
Geospace Technologies Reports Fiscal Year 2016 Second Quarter Results
May 5, 2016 4:53 PM EDTHOUSTON--(BUSINESS WIRE)-- Geospace Technologies Corporation (NASDAQ Global: GEOS) today announced a net loss of $11.0 million, or $0.84 per diluted share, on revenue of $14.9 million for its fiscal quarter ended March 31, 2016. This compares with a net loss of $5.2 million, or $0.40 per diluted share, on revenue of $27.9 million for the prior year.
For the six months ended March 31, 2016, the company recorded revenue of $28.1 million and a net loss of $22.0 million, or $1.69 per diluted share. For the comparable period last year, the company recorded revenue of $49.1 million and a net loss of $10.6 million, or $0.82 per diluted share.... More
