Brief: Geospace Technologies Q4 Loss Per Share $0.04 Excluding Items

Geospace Technologies

21/11/2019 23:31

Nov 21 (Reuters) - Geospace Technologies Corp  GEOS.O :
    * FISCAL 2019 LOSS PER SHARE $0.70 EXCLUDING ITEMS
    * Q4 LOSS PER SHARE $0.04 EXCLUDING ITEMS
    * GEOSPACE TECHNOLOGIES REPORTS FOURTH QUARTER AND FISCAL
YEAR
2019 RESULTS
    * Q4 REVENUE ROSE 40 PERCENT TO $28.9 MILLION
    * ROBERT L. CURDA WILL BECOME VICE PRESIDENT AND CHIEF
FINANCIAL
OFFICER
    * GEOSPACE TECHNOLOGIES - THOMAS MCENTIRE, COMPANY'S CFO,
HAS
ANNOUNCED HIS INTENTION TO RETIRE ON DECEMBER 31
    * CERTAIN PRODUCT LINES WITHIN OIL & GAS MARKET SEGMENT
CONTINUE
TO EXPERIENCE PERSISTENT COMMERCIAL CHALLENGES
    * CONTINUE PURSUING DIVERSIFICATION STRATEGY BY EXPANDING
PRODUCT
LINES WITHIN ADJACENT MARKETS SEGMENT
    * GEOSPACE TECHNOLOGIES- ENCOURAGED BY ONGOING DISCUSSIONS
WITH
OIL AND GAS COMPANIES REGARDING DEPLOYMENT OF PRM SYSTEMS
    * QTRLY EARNINGS PER SHARE $0.63

Source text for Eikon: [ID: nBw4F1RTGa]
Further company coverage:  GEOS.O 

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