CGG Announces its Q3 2022 Results
Geoscience at $69m, up 8% pro-forma* year-on-year mainly driven by Western hemisphere and high-end technology. The increasing level of year-to-date commercial bids worldwide by 26% and growth of year-to-date order intake by 37% pro-forma year-on-year are clear and positive signals of global market improvement
By CGG
Published - Nov 02, 2022, 12:53 PM ET
Last Updated - Jul 23, 2024, 06:44 AM EDT
Soft Q3 as clients’ projects shifted to Q4 and 2023
2022 segment revenue expected to be around $900m,
stable pro-forma year-on-year
2022 segment EBITDAs expected to be around $380m, up 10% and up 15% pro-forma year-on-year
Strengthening market confirms favorable upcycle
