Brief: Geospace Reports Customer Intention To Cancel Obx Rental Contract
27/03/2019 21:01
March 27 (Reuters) - Geospace Technologies Corp GEOS.O :
* GEOSPACE TECHNOLOGIES ANNOUNCES CUSTOMER INTENTION TO
CANCEL OBX
RENTAL CONTRACT DUE TO BUSINESS DELAYS
* GEOSPACE TECHNOLOGIES - IF CUSTOMER DOES NOT TAKE DELIVERY
BY
APRIL 15, CO TO RECOGNIZE REVENUE $1.3 MILLION IN Q2
REPRESENTING DEPOSIT IT HAD RECEIVED
Source text for Eikon: ID:nBw2h76Mka
Further company coverage: GEOS.O
(Reuters.Briefs@thomsonreuters.com)
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