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

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Dawson Geophysical Reports Second Quarter 2018 Results

August 2, 2018 6:01 AM EDT

MIDLAND, Texas, Aug. 2, 2018 /PRNewswire/ -- Dawson Geophysical Company (NASDAQ: DWSN) (the "Company") today reported unaudited financial results for its second quarter ended June 30, 2018.

For the quarter ended June 30, 2018, the Company reported revenues of $36,158,000, an increase of approximately 14% compared to $31,640,000 for the quarter ended June 30, 2017.  For the second quarter of 2018, the Company reported a net loss of $5,711,000 or $0.25 loss per common share compared to a net loss of $14,928,000 or $0.66 loss per common share for the second quarter of 2017. The Company reported EBITDA of $1,564,000 for the quarter ended June 30, 2018 compared to negative... More