UPDATE: ION Geophysical (IO) Tops Q3 EPS by 16c (CORRECTION)
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ION reports third quarter 2019 results
October 30, 2019 4:17 PM EDTHOUSTON, Oct. 30, 2019 /PRNewswire/ -- ION Geophysical Corporation (NYSE: IO) today reported total net revenues of $53.2 million in the third quarter 2019, a 13% increase compared to total net revenues of $47.2 million one year ago. Both segment revenues increased during the quarter, driven by Imaging Services and Marlin projects. ION's net loss was $3.7 million, or a loss of $0.26 per share, compared to a net loss of $7.5 million, or a loss of $0.54 per share in the third quarter 2018. Excluding special items in both periods, the Company reported an Adjusted net loss of $3.0 million,... More
