Geospace Technologies Appoints Richard Kelley As Chief Operating Officer
$GEOS
Industrial Machinery/Components
Industrials
Geospace Technologies Appoints Richard Kelley As Chief Operating Officer
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Company's Hydroconn Smart Water Connector Cable Reports Record Setting Year Geospace Technologies Corporation (NASDAQ:GEOS) ("the "Company") today announced a net loss of $6.6 million after fourth quarter non-cash charges of $17.3 million on revenue of $135.6 million, for its fiscal year ended September 30, 2024. This compares with net income of $12.2 million on revenue of $124.5 million for the comparable year-ago period. Excluding the non-cash charges, fiscal year 2024 adjusted net income is $10.7 million. This compares with adjusted net income of $12.2 million for the comparable year-ago period. For the fourth quarter ended September 30, 2024, the Company reported a net loss of $12.9
Geospace Technologies (NASDAQ:GEOS) today announced that it will release fourth quarter and fiscal year 2024 financial results on Thursday, November 21, 2024 after the market closes. In conjunction with the release, Geospace has scheduled a conference call for Friday, November 22, 2024 at 10:00 a.m. Eastern Time (9:00 a.m. Central). WHAT: Geospace Technologies Fourth Quarter and Fiscal Year 2024 Results Conference Call WHEN: Thursday, November 22, 2024 at 10:00 a.m. Eastern Time (9:00 a.m. Central) HOW: Live via phone – U.S. participants can dial toll-free 800-267-6316. International participants can dial 203-518-9783. Please reference the Geospace Technologies conference ID: GEOSQ424 pr
Geospace Technologies Corporation (NASDAQ:GEOS) (the "Company") announces today that beginning in the fiscal year 2025 it will operate under three new business segments: Smart Water, Energy Solutions and Intelligent Industrial. The business segment realignment and name changes take place in an effort to more accurately reflect the Company's on-going diversification efforts. The three new segments replace Oil and Gas Markets, Adjacent Markets and Emerging Markets, which were adopted in 2018 following several diversification-oriented acquisitions. Financial reporting on these new business segments will be represented in the first quarter of fiscal year 2025 reports. The Smart Water segment e
Company's Hydroconn Smart Water Connector Cable Reports Record Setting Year Geospace Technologies Corporation (NASDAQ:GEOS) ("the "Company") today announced a net loss of $6.6 million after fourth quarter non-cash charges of $17.3 million on revenue of $135.6 million, for its fiscal year ended September 30, 2024. This compares with net income of $12.2 million on revenue of $124.5 million for the comparable year-ago period. Excluding the non-cash charges, fiscal year 2024 adjusted net income is $10.7 million. This compares with adjusted net income of $12.2 million for the comparable year-ago period. For the fourth quarter ended September 30, 2024, the Company reported a net loss of $12.9
Geospace Technologies (NASDAQ:GEOS) today announced that it will release fourth quarter and fiscal year 2024 financial results on Thursday, November 21, 2024 after the market closes. In conjunction with the release, Geospace has scheduled a conference call for Friday, November 22, 2024 at 10:00 a.m. Eastern Time (9:00 a.m. Central). WHAT: Geospace Technologies Fourth Quarter and Fiscal Year 2024 Results Conference Call WHEN: Thursday, November 22, 2024 at 10:00 a.m. Eastern Time (9:00 a.m. Central) HOW: Live via phone – U.S. participants can dial toll-free 800-267-6316. International participants can dial 203-518-9783. Please reference the Geospace Technologies conference ID: GEOSQ424 pr
Company Announces Leadership Transition Plan Geospace Technologies Corporation (NASDAQ:GEOS) (the "Company") today announced results for its third quarter ended June 30, 2024. For the three-months ended June 30, 2024, Geospace reported revenue of $25.9 million, compared to revenue of $32.7 million for the comparable year-ago quarter. Net loss for the three-months ended June 30, 2024 was $2.1 million, or ($0.16) per diluted share, compared to net income of $3.2 million, or $0.24 per diluted share, for the quarter ended June 30, 2023. For the nine-months ended June 30, 2024, Geospace reported revenue of $100.2 million compared to revenue of $95.2 million for the comparable year-ago period
Geospace Technologies Corporation (NASDAQ:GEOS) today announced the addition of Stephen C. Jumper, former Chairman of the Board, President and CEO of seismic data acquisition provider Dawson Geophysical, to its Board of Directors effective December 21, 2023. In joining the board, Mr. Jumper will be able to offer contemporary insight from a broad seismic industry perspective, which is highly relevant to Geospace moving forward with an evolving energy transition and changing energy exploration landscape. The new director brings experience from the investment community, acquisitions and mergers and long-term growth strategy to the board. Further, he navigated through the changing landscape o
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