Dawson Geophysical Reports First Quarter 2021 Results

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Go back to Dawson Geophysical Reports First Quarter 2021 Results

Dawson Geophysical (DWSN) Reports Q1 Loss of $0.22, Revenues Miss

May 13, 2021 6:11 AM EDT

Dawson Geophysical (NASDAQ: DWSN) reported Q1 EPS of ($0.22), versus $0.04 reported last year. Revenue for the quarter came in at $11.75 million versus the consensus estimate of $36.98 million.

Stephen C. Jumper, President and Chief Executive Officer, said, "Since the onset of the COVID-19 pandemic over a year ago, the seismic data acquisition market along with other oil field services remain challenged in the U.S. and Canada. While there are encouraging signs of recovery in certain oil field services, such as drilling and completion services, current demand for seismic related services remains at... More