Brief: Geospace Technologies Q3 loss per share $0.66

Geospace Technologies

06/08/2015 21:05

Aug 6 (Reuters) - Geospace Technologies Corp  GEOS.O : 
 * Reports fiscal year 2015 third quarter results 
 * Q3 loss per share $0.66 
 * Q3 revenue $19.8 million versus I/B/E/S view $22.2 million 
 * Q3 earnings per share view $-0.40 -- Thomson Reuters I/B/E/S 
 * In Q3 saw no relief from continuation of depressed market conditions and 
   declining demand for seismic equipment 
 * No large contracts currently underway for the manufacture of permanent 
   reservoir monitoring (prm) systems" 
 * Industry demand for seismic exploration services is at historic low levels" 
 * Until seismic industry activity returns to more conventional norms, our 
   profits will continue to be hard hit" 
 
* Source text for Eikon  ID:nBw7B7GDBa  
 
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