Dawson Geophysical (DWSN) Reports Q4 Loss of $0.25, Revenues Miss

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Go back to Dawson Geophysical (DWSN) Reports Q4 Loss of $0.25, Revenues Miss

Dawson Geophysical Reports Fourth Quarter And Full Year 2019 Results

February 27, 2020 6:00 AM EST

MIDLAND, Texas, Feb. 27, 2020 /PRNewswire/ -- Dawson Geophysical Company (NASDAQ: DWSN) (the "Company") today reported unaudited financial results for its fourth quarter and full year ended December 31, 2019.

For the fourth quarter ended December 31, 2019, the Company reported revenues of $33,557,000, an increase of approximately 21% compared to $27,670,000 for the quarter ended December 31, 2018. For the fourth quarter of 2019, the Company narrowed its net loss to $5,828,000 or $0.25 loss per share of common stock from a net loss of $11,816,000 or $0.51 loss per share of common stock for the quarter ended December 31, 2018. The Company reported negative EBITDA of $788,000 for the quarter... More