Canada's Pulse Seismic Q1 revenue slumps

Pulse Seismic

28/04/2026 23:20

Overview

Canada seismic data library's Q1 revenue fell sharply yr/yr, company posted net loss

Company attributes revenue decline to slow start in data licensing after strong 2025

Pulse raised regular quarterly dividend by 7% to C$0.01875 per share

Outlook

Pulse Seismic does not provide specific financial guidance due to low visibility of future sales

Company notes strong Alberta land sales and higher drilling forecasts may support industry activity

Result Drivers

SLOW DATA LICENSING - Co said Q1 revenue decline reflected a slow start in data licensing after high volumes in 2025

Company press release: ID:nGNXblQyW8

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
C$1.9 mln
Q1 Net Income
-C$1.4 mln
Q1 EBITDA
-C$1.5 mln


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(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.)