Geospace Technologies (GEOS) Reports Q2 EPS of $0.05

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Go back to Geospace Technologies (GEOS) Reports Q2 EPS of $0.05

Geospace Technologies Reports Fiscal Year 2019 Second Quarter and Six-Month Results

May 2, 2019 5:00 PM EDT

HOUSTON--(BUSINESS WIRE)-- Geospace Technologies (NASDAQ: GEOS) today announced that it reported net income of $0.7 million, or $0.05 per diluted share, on revenue of $26.1 million for its second quarter ended March 31, 2019 compared to a net loss of $4.7 million, or $0.36 per diluted share, on revenue of $19.2 million for the second quarter of the prior year. The net income reported for the second quarter ended March 31, 2019 was the companys first quarterly net income in over four years.

For the six months ended March 31, 2019, the company recorded revenue of $44.0 million compared to revenue of $33.9 million... More