Dawson Geophysical (DWSN) Tops Q1 EPS by 24c, Revenues Beat

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Dawson Geophysical Reports First Quarter 2019 Results

May 1, 2019 6:01 AM EDT

MIDLAND, Texas, May 1, 2019 /PRNewswire/ -- Dawson Geophysical Company (NASDAQ: DWSN) (the "Company") today reported unaudited financial results for its first quarter ended March 31, 2019.

For the quarter ended March 31, 2019, the Company reported revenues of $51,164,000, an increase of approximately three percent  compared to $49,880,000 for the quarter ended March 31, 2018. For the first quarter of 2019, the Company reported a net loss of $137,000 or $0.01 loss per common share, compared to a net loss of $1,709,000 or $0.07 loss per common share for the first quarter of 2018. The Company reported EBITDA of $5,960,000 for the quarter ended March 31, 2019 compared to... More