Dawson Geophysical Reports Second Quarter 2018 Results

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Go back to Dawson Geophysical Reports Second Quarter 2018 Results

Dawson Geophysical (DWSN) Tops Q2 EPS by 9c, Revenues Slightly Beat

August 2, 2018 6:19 AM EDT

Dawson Geophysical (NASDAQ: DWSN) reported Q2 EPS of ($0.25), $0.09 better than the analyst estimate of ($0.34). Revenue for the quarter came in at $36.16 million versus the consensus estimate of $36 million.

Stephen C. Jumper, President and Chief Executive Officer, said, "Increased crew productivity and utilization continued to drive improved financial results as we generated a fourteen percent increase in revenue and over $7,000,000 improvement in EBITDA for the quarter ended June 30, 2018 compared to the quarter ended June 30, 2017, and a sixteen... More