Dawson Geophysical Reports Fourth Quarter And Full Year 2020 Results

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Dawson Geophysical (DWSN) Reports Q4 Loss of $0.33, Revenues Miss

March 11, 2021 6:03 AM EST

Dawson Geophysical (NASDAQ: DWSN) reported Q4 EPS of ($0.33), versus ($0.25) reported last year. Revenue for the quarter came in at $8.88 million versus the consensus estimate of $36.98 million.

Stephen C. Jumper, President and Chief Executive Officer, said, "Fiscal 2020 was a year of unprecedented adversity. The company started out the first half of the year with its best financial and operational results in many years. We operated three large channel count crews in the U.S. and up to three crews in the Canada during the first quarter of 2020. The company continued profitability in... More