{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-22-288410","form_type":"8-K","ticker":"GEOS","cik":"0001001115","company_name":"GEOSPACE TECHNOLOGIES CORP","filed_at":"2022-11-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:49.130126+00:00","generated_at":"2026-06-21T15:33:35.356979+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Geospace reports $22.9M FY2022 loss; Q4 revenue up 33% but full-year revenue down 6%","bullets":["Full-year revenue $89.3M, net loss $22.9M ($1.76/sh) vs. prior year $94.9M revenue, $14.1M loss ($1.05/sh).","Q4 revenue $25.9M (+33% YoY), net loss $8.0M ($0.62/sh) vs. Q4 2021 loss $5.0M ($0.39/sh).","Records $4.3M goodwill impairment in Emerging Markets and $5.0M non-cash benefit from contingent consideration.","Adjacent Markets segment revenue $39.2M (+21% YoY) record; Oil & Gas segment $49.1M (down 6%).","Cost-saving plan with workforce reductions expected to save >$2M/year; FY2023 capex guided at $7.3M."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-22-288410","json":"https://secwatch.observer/filing/0001193125-22-288410.json","markdown":"https://secwatch.observer/filing/0001193125-22-288410.md","text":"https://secwatch.observer/filing/0001193125-22-288410.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1001115/000119312522288410/0001193125-22-288410-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1001115/000119312522288410/d388795d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T15:33:35.356979+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"301da5ca8be67ce1fd40daed99e329caa3db4019","claim":"GEOSPACE TECHNOLOGIES CORP reported fourth quarter ended September 30, 2022 results: revenue $25.9 million, net income net loss of $8.0 million, or ($0.62) per diluted share, EPS ($0.62) per diluted share.","evidence_excerpt":"For the fourth quarter ended September 30, 2022, Geospace Technologies (the “Company”) reported revenue of $25.9 million and a net loss of $8.0 million, or ($0.62) per diluted share.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1001115/000119312522288410/0001193125-22-288410-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter ended September 30, 2022"},{"label":"Revenue","value":"$25.9 million"},{"label":"Net income","value":"net loss of $8.0 million, or ($0.62) per diluted share"},{"label":"EPS","value":"($0.62) per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"4c55cb864d895d7a3fe1e6999a5e081c5b5de6b3","claim":"GEOSPACE TECHNOLOGIES CORP reported fiscal year ended September 30, 2022 results: revenue $89.3 million, net income net loss of $22.9 million, or $(1.76) per diluted share, EPS $(1.76) per diluted share.","evidence_excerpt":"Geospace Technologies (NASDAQ: GEOS) today announced a net loss of $22.9 million, or $(1.76) per diluted share, on revenue of $89.3 million for its fiscal year ended September 30, 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1001115/000119312522288410/0001193125-22-288410-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal year ended September 30, 2022"},{"label":"Revenue","value":"$89.3 million"},{"label":"Net income","value":"net loss of $22.9 million, or $(1.76) per diluted share"},{"label":"EPS","value":"$(1.76) per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}