Geospace Q3 net loss widens to $6.6M; Adjacent Markets segment revenue record $10.9M

GEOSPACE TECHNOLOGIES CORP

2022-Q3 EPS reported -$1.14 revenue$63,382,000

Q3 revenue $20.7M, down from $23.1M YoY; net loss $6.6M ($0.51 EPS) vs loss $0.8M ($0.06).
Adjacent Markets revenue $10.9M (+16.7% YoY), a quarterly record; contributed 52.9% of total revenue.
Oil & Gas segment revenue $9.5M, down 24.8% YoY; OBX rental contracts signed in FY2022 exceed $24M vs $8.2M in FY2021.
Cash and equivalents $9.1M; $8.5M available under credit facility.
Nine-month revenue $63.4M, net loss $14.8M ($1.14 loss per share).

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.