secwatch.observer — SEC 8-K summary
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Issuer:     GEOSPACE TECHNOLOGIES CORP (GEOS)
CIK:        0001001115
Form:       8-K
Filed at:   2023-05-11T23:59:59+00:00
Accession:  0001437749-23-013982
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Geospace Q2 revenue $31.4M, net income $0.35/share vs loss of $0.11
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- Revenue $31.4M (vs $24.7M YoY); net income $4.7M vs net loss $1.5M.
- Diluted EPS $0.35 vs ($0.11) in Q2 2022; six-month EPS $0.35 vs ($0.64).
- Oil & Gas segment revenue $18.4M (+21.6% YoY) on higher OBX node rentals.
- Adjacent Markets revenue $12.7M (+38.1% YoY) driven by water meter cable sales.
- Cash & equivalents $22.8M, undrawn credit $5.5M, total liquidity $28.3M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1001115/000143774923013982/0001437749-23-013982-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1001115/000143774923013982/geos20230511_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-013982

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