---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-002194"
form_type: "8-K"
ticker: "GEOS"
cik: "0001001115"
company_name: "GEOSPACE TECHNOLOGIES CORP"
filed_at: "2023-02-08T23:59:59+00:00"
generated_at: "2026-06-19T21:19:55.070976+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Geospace Q1 revenue $31.1M (+73% YoY); net loss narrows to $0.1M from $6.8M

## Summary
- Revenue $31.1M, highest quarterly revenue since 2014; Oil & Gas segment up 109% to $20.1M.
- Net loss of $0.1M ($0.01 loss per diluted share) vs. $6.8M loss ($0.52 loss) year ago.
- Adjacent Markets segment revenue up 32% to $10.9M on higher smart water meter cable demand.
- Liquidity $20.8M; FY2023 capex budget $7.3M, including $6.0M for rental equipment.
- Post-quarter contract for Quantum subsidiary; plans to sell Houston facility to consolidate operations.

## SEC filing metadata
- accession: 0000950170-23-002194
- form_type: 8-K
- ticker: GEOS
- cik: 0001001115
- company_name: GEOSPACE TECHNOLOGIES CORP
- filed_at: 2023-02-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1001115/000095017023002194/0000950170-23-002194-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1001115/000095017023002194/geos-20230208.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-002194
- JSON: https://secwatch.observer/filing/0000950170-23-002194.json
- Plain text: https://secwatch.observer/filing/0000950170-23-002194.txt

## Key facts
- Earnings Releases
  GEOSPACE TECHNOLOGIES CORP reported first quarter fiscal year 2023 results: revenue $31.1 million, net income $0.1 million, or $(0.01) per diluted share, EPS $(0.01) per diluted share.
  - Period: first quarter fiscal year 2023
  - Revenue: $31.1 million
  - Net income: $0.1 million, or $(0.01) per diluted share
  - EPS: $(0.01) per diluted share
  - Result: reported results
  source text: (NASDAQ: GEOS) (the “Company”) today announced results for its first quarter ended December 2022. For the three-months ended December 31, 2022, Geospace reported revenue of $31.1 million compared to revenue of $18.0 million for the comparable year-ago quarter. Net loss for the three-months ended December 31, 2022 narrowed to $0.1 million, or $(0.01) per diluted
  evidence_url: https://www.sec.gov/Archives/edgar/data/1001115/000095017023002194/0000950170-23-002194-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.