Dawson Geophysical (DWSN) Tops Q3 EPS by 25c

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Go back to Dawson Geophysical (DWSN) Tops Q3 EPS by 25c

Dawson Geophysical Reports Third Quarter 2019 Results

October 31, 2019 6:00 AM EDT

MIDLAND, Texas, Oct. 31, 2019 /PRNewswire/ -- Dawson Geophysical Company (NASDAQ: DWSN) (the "Company") today reported unaudited financial results for its third quarter ended September 30, 2019.

For the quarter ended September 30, 2019, the Company reported revenues of $36,976,000, a decrease of approximately nine percent compared to $40,448,000 for the quarter ended September 30, 2018. For the third quarter of 2019, the Company reported net income of $1,998,000 or $0.09 income per common share compared to a net loss of $5,171,000 or $0.23 loss per common share for the third quarter of 2018. The Company reported EBITDA of $7,160,000 for the quarter ended September 30, 2019 compared to... More