Detail akcie Geospace Technologies Corp, Ordinary, Consolidated Issue Listed on NASDAQ Global Select Market online

Business Summary: Geospace Technologies Corporation designs and manufactures seismic instruments and equipment. It operates through three segments: Oil and Gas Markets, Adjacent Markets and Emerging Markets. The Oil and Gas Markets segment products include wireless seismic data acquisition systems, reservoir characterization products and services, and traditional seismic exploration products, such as geophones, hydrophones, leader wire, connectors, cables, marine streamer retrieval and steering devices and various other seismic products. Adjacent Markets segment products include imaging equipment, water meter products, remote shut-off valves and IoT platform, as well as seismic sensors used for vibration monitoring and geotechnical applications, such as mine safety applications and earthquake detection. The Emerging Markets segment designs and markets seismic products targeted at the border and perimeter security markets. Its seismic products are marketed to the oil and gas industry, and others.
Financial Summary: BRIEF: For the three months ended 31 December 2023, Geospace Technologies Corp revenues increased 61% to $50M. Net income totaled $12.7M vs. loss of $97K. Revenues reflect Oil and Gas Markets segment increase of 67% to $33.7M, Emerging Markets segment increase from $93K to $234K, Corporate segment increase of 61% to $74K, Asia segment increase from $6.5M to $32.2M, Canada segment increase of 61% to $1.2M.