Dawson Geophysical (DWSN) Reports Q2 EPS of $0.06

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Dawson Geophysical Reports Second Quarter 2020 Results

July 30, 2020 6:00 AM EDT

MIDLAND, Texas, July 30, 2020 /PRNewswire/ -- Dawson Geophysical Company (NASDAQ: DWSN) (the "Company") today reported unaudited financial results for its second quarter ended June 30, 2020.

For the quarter ended June 30, 2020, the Company reported revenues of $29,499,000, an increase of approximately 23% compared to $24,076,000 for the quarter ended June 30, 2019. For the second quarter of 2020, the Company reported net income of $1,500,000 or $0.06 per common share compared to a net loss of $11,246,000 or $0.49 loss per common share for the second quarter of 2019. The Company reported positive EBITDA of $5,799,000 for the quarter ended June 30, 2020 compared to negative EBITDA... More