secwatch.observer — SEC 8-K summary
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Issuer:     DAWSON GEOPHYSICAL CO (DWSN)
CIK:        0000799165
Form:       8-K
Filed at:   2022-11-10T23:59:59+00:00
Accession:  0001104659-22-117149
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dawson Geophysical Q3 revenue up 85% YoY to $3.5M; net loss $7.6M ($0.32/share)
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- Revenue $3,538,000 vs $1,914,000 in Q3 2021; net loss $7,603,000 ($0.32 loss per share) vs $7,865,000 ($0.33 loss).
- Negative EBITDA of $5,332,000 vs $4,662,000 in prior-year quarter.
- Nine-month revenue $22,818,000 (+65% YoY); net loss $17,672,000 ($0.74 loss) vs $22,110,000 ($0.94 loss).
- Cash and short-term investments fell to $23,864,000 from $41,601,000 a year ago.
- Co. expects increased crew activity in Q4 2022 and Q1 2023; one mid-size crew in Nov, possibly a second small-to-mid crew.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/799165/000110465922117149/0001104659-22-117149-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/799165/000110465922117149/tm2230093d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-117149

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer