Geospace Technologies Third Quarter 2024 Earnings: US$0.16 loss per share (vs US$0.24 profit in 3Q 2023)

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Geospace Technologies (NASDAQ:GEOS) Third Quarter 2024 Results

Key Financial Results

  • Revenue: US$25.9m (down 21% from 3Q 2023).

  • Net loss: US$2.07m (down by 164% from US$3.23m profit in 3Q 2023).

  • US$0.16 loss per share (down from US$0.24 profit in 3Q 2023).

earnings-and-revenue-history
earnings-and-revenue-history

All figures shown in the chart above are for the trailing 12 month (TTM) period

Geospace Technologies shares are down 5.8% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Geospace Technologies that you should be aware of.

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