Brief: Dawson Geophysical Reports Q4 Revenue Rise Of 21% To $33.56 Million

Dawson Geophysical

27/02/2020 11:56

Feb 27 (Reuters) - Dawson Geophysical Co  DWSN.O :
    * DAWSON GEOPHYSICAL REPORTS FOURTH QUARTER AND FULL YEAR
2019
RESULTS
    * Q4 REVENUE ROSE 21 PERCENT TO $33.56 MILLION
    * Q4 LOSS PER SHARE $0.25
    * CREW ACTIVITY IN CANADA WAS MINIMAL DURING Q4 OF 2019
    * OIL SERVICE MARKETS REMAIN CHALLENGING
    * UTILIZATION VISIBILITY INTO SECOND HALF OF 2020 REMAINS
UNCLEAR
    * ANTICIPATES SAME LEVEL OF ACTIVITY THROUGH END OF Q1 OF
2020
WITH THREE LARGE CREWS IN U.S. OPERATING WELL INTO Q2 OF 2020
    * DAWSON GEOPHYSICAL - CONVERSATIONS WITH CLIENTS, ARE
POSITIVE
FOR CONTINUED LEVELS OF RECENT ACTIVITY THROUGH YEAR

Source text for Eikon:  ID:nPn2fh0Mma 
Further company coverage:  DWSN.O 

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