Dawson Geophysical (DWSN) Misses Q1 EPS by 8c

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Dawson Geophysical Reports First Quarter 2017 Results

May 4, 2017 6:00 AM EDT

MIDLAND, Texas, May 4, 2017 /PRNewswire/ -- Dawson Geophysical Company (NASDAQ: DWSN) (the "Company") today reported unaudited financial results for its first quarter ended March 31, 2017.

For the quarter ended March 31, 2017, the Company reported revenues of $41,927,000 as compared to $47,055,000 for the quarter ended March 31, 2016. For the first quarter of 2017, the Company reported a net loss of $9,154,000 or $0.42 loss per share attributable to common stock, as compared to a net loss of $8,600,000 or $0.40 loss per share attributable to common stock for the first quarter of 2016. The Company reported negative EBITDA of $1,859,000 for the quarter... More