Canada's Pulse Seismic posts higher Q2 revenue

Pulse Seismic

22/07/2025 23:17

Overview

Pulse Seismic Q2 revenue rises to CAD 18.3 mln from CAD 6.3 mln in 2024

Net earnings for Q2 increase to CAD 9.6 mln from CAD 1.3 mln in 2024

Company declares special dividend of CAD 0.20 per share and paid in Q1 of 2025

Declares regular quarterly dividend of $0.0175 per common share

Outlook

Pulse sees "strong" M&A activity continuing through 2025

Pulse’s ability to forecast future revenue continues to be challenging

Pulse notes uncertainty in energy tariffs affecting future outlook

Result Drivers

DATA SALES - Increased traditional data sales contributed to revenue growth, per CEO Neal Coleman

ENERGY M&A - Strong M&A activity in the energy sector boosted revenue

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
C$18.30 mln
Q2 Net Income
C$9.60 mln
Q2 Dividend
C$0.0175
Q2 EBITDA
C$15.20 mln
Q2 Free Cash Flow
C$11.70 mln


Press Release: ID:nGNX620DXP

(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.)