Dawson Geophysical (DWSN) Misses Q3 EPS by 21c

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Go back to Dawson Geophysical (DWSN) Misses Q3 EPS by 21c

Dawson Geophysical Reports Third Quarter 2016 Results

November 3, 2016 6:00 AM EDT

MIDLAND, Texas, Nov. 3, 2016 /PRNewswire/ -- Dawson Geophysical Company (NASDAQ: DWSN) (the "Company") today reported unaudited financial results for its third quarter ended September 30, 2016.

For the quarter ended September 30, 2016, the Company reported revenues of $28,122,000 as compared to $62,498,000 for the quarter ended September 30, 2015. For the third quarter of 2016, the Company reported a net loss of $12,416,000 or $0.57 loss per share attributable to common stock, as compared to a net loss of $2,870,000 or $0.13 loss per share attributable to common stock for the third quarter of 2015. The Company reported negative EBITDA of $3,403,000 for the quarter ended... More