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Geospace Technologies: Fiscal Q4 Earnings Snapshot

By AP News - Nov 21, 2024, 05:20 PM ET
Last Updated - Dec 16, 2024, 05:15 PM EST
Geospace Technologies: Fiscal Q4 Earnings Snapshot

HOUSTON (AP) — HOUSTON (AP) — Geospace Technologies Corp. (GEOS) on Thursday reported a loss of $12.9 million in its fiscal fourth quarter.

The Houston-based company said it had a loss of $1 per share. Earnings, adjusted for non-recurring costs and asset impairment costs, came to 36 cents per share.

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The maker of seismic instruments and equipment posted revenue of $35.4 million in the period.

For the year, the company reported a loss of $6.6 million, or 50 cents per share. Revenue was reported as $135.6 million.

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