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GEOS Geospace Technologies News Story

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Geospace Technologies Q4 revenue drops

Overview

Geospace Q4 revenue falls to $30.7 mln from $35.4 mln year-ago

Fiscal year 2025 revenue drops to $110.8 mln from $135.6 mln year-ago

Net loss for fiscal year 2025 widens to $9.7 mln from $6.6 mln year-ago

Outlook

Company anticipates continued demand for Hydroconn and Aquana solutions

Geospace expects long-term demand forecasts to improve despite short-term market uncertainty

Company sees growth opportunities in Smart Water and Intelligent Industrial segments

Result Drivers

SMART WATER GROWTH - Annual revenue growth driven by increased demand for Hydroconn universal AMI connectors, despite quarterly decline due to seasonal factors

ENERGY SOLUTIONS DECLINE - Revenue decrease due to lower utilization of marine ocean bottom node rental fleet, partially offset by sales of Pioneer land node

INTELLIGENT INDUSTRIAL DEMAND - Quarterly revenue increase driven by higher demand for industrial sensors and contract manufacturing services

Key Details

MetricBeat/MissActualConsensus Estimate
Q4 Revenue$30.71 mln
Q4 Net Income-$9.06 mln
Q4 Gross Profit$3.46 mln
Q4 Operating Expenses$12.67 mln
Q4 Pretax Profit-$8.73 mln
Press Release: ID:nBw8LqK9a For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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