Dawson Geophysical (DWSN) Reports Q1 Loss of $0.22, Revenues Miss
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Dawson Geophysical Reports First Quarter 2021 Results
May 13, 2021 6:00 AM EDTMIDLAND, Texas, May 13, 2021 /PRNewswire/ -- Dawson Geophysical Company (NASDAQ: DWSN) (the "Company") today reported unaudited financial results for its first quarter ended March 31, 2021.
For the first quarter ended March 31, 2021, the Company reported revenues of $11,748,000, a decrease of approximately 70% compared to $38,979,000 for the quarter ended March 31, 2020. For the first quarter of 2021, the Company reported a net loss of $5,228,000, or $0.22 loss per share of common stock, compared to net income of $993,000, or $0.04 per share of common stock, for the quarter ended March 31, 2020. The Company reported negative EBITDA of $1,858,000 for the quarter ended March 31,... More
