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Forecast
| Buy |
1 |
| Hold |
7 |
| Sell |
0 |
News Go to news feed
Geospace Technologies posts Q3 loss as revenue falls, delays PRM revenue to 2027
Geospace Technologies reported Q3 revenue of $15.8 million and a net loss of $9.7 million, down from $24.8 million revenue and $0.8 million profit a year earlier. Demand was weak across Smart Water, Energy Solutions and Intelligent Industrial segments, and final revenue recognition for the PRM contract is now expected between Q3 and Q4 of fiscal 2027 after customer-requested scope changes. The company highlighted a $10.8 million U.S. Navy contract and progress in its Heartbeat Detector business, while focusing on cost controls, $25 million of available credit and liquidity until an anticipated Petrobras milestone payment. » More on finance.yahoo.com
Geospace Technologies stock rises after 9.4% revenue growth despite increased net loss
Geospace Technologies reported Q2 2026 revenue of $19.7 million, up 9.4%, while net loss widened to $11.1 million (EPS -$0.86). The Energy Solutions segment grew strongly (+272%) and was a major contributor to revenue, while Smart Water saw declines in demand. The stock rose 8.35% to $9.21 after the results. Management stands by a revenue forecast of $110.8 million for 2026 and 2027 and expects a gradual recovery in the Smart Water business. » More on de.investing.com
Geospace Technologies cuts 20% of workforce – stock falls 17%
Geospace Technologies announced a restructuring plan to cut around 20% of its global workforce, to be completed by the end of the second fiscal quarter of 2026. Measures include a voluntary early retirement program and layoffs. The company expects annual cost savings of about $10 million and reported restructuring charges of $0.6 million in the second quarter and $0.7 million in the third quarter. After the announcement, the stock lost about 17% of its value. » More on de.investing.com
Financials
| (EUR) | June 2026 | YoY |
|---|---|---|
| Revenue | 13.85m | 34.30% |
| Gross profit | 434.6k | 93.21% |
| Net profit | -8.51m | 1,419.21% |
| EBITDA | -6.17m | 322.24% |
Fundamentals
| Metric | Value |
|---|---|
Market capitalization | €50.96m |
Number of shares | 12.94m |
52-week high/low | €25.70 - €3.67 |
| Dividends | No |
Beta | 0.20 |
P/E ratio | -1.43 |
PEG ratio | 0.01 |
P/B ratio | 0.60 |
P/S ratio | 0.62 |
Company profile
Geospace Technologies Corporation designs and manufactures instruments and equipment used in the oil and gas industry to acquire seismic data in order to locate, characterize, and monitor hydrocarbon producing reservoirs. The company operates through three segments: Oil and Gas Markets, Adjacent Markets, and Emerging Markets. The Oil and Gas Markets segment offers wireless seismic data acquisition systems and reservoir characterization products and services, as well as traditional seismic exploration products, such as geophones, hydrophones, leader wires, connectors, cables, marine streamer retrieval and steering devices, and other seismic products. The Adjacent Markets segment provides industrial products, including imaging equipment, water meter products, remote shut-off valves and Internet of Things platform, and offshore cables, as well as seismic sensors for vibration monitoring and geotechnical applications, such as mine safety and earthquake detection applications; and electronic pre-press products that employ direct thermal imaging, direct-to-screen printing systems, and digital inkjet printing technologies targeted at the commercial and industrial graphics, textile, and flexographic printing industries. The Emerging Markets segment designs and sells products used for border and perimeter security surveillance, cross-border tunneling detection, and other products targeted at movement monitoring, intrusion detection, and situational awareness. This segment serves customers that include various agencies of the United States government, including the Department of Defense, Department of Energy, Department of Homeland Security, and other agencies. The company operates in Asia, Canada, Europe, the United States, and internationally. Geospace Technologies Corporation was founded in 1980 and is headquartered in Houston, Texas.
| Name | Geospace Technologies Co. |
| CEO | Richard James Kelley |
| Headquarters | Houston,
tx USA |
| Website | |
| Sector | Energy |
| Industry | Energy Equipment & Services |
| IPO | 21/11/1997 |
| Employees | 519 |
Deep Dive
Ticker symbols
| Exchange | Symbol |
|---|---|
NASDAQ | GEOS |