{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-003391","form_type":"8-K","ticker":"GEOS","cik":"0001001115","company_name":"GEOSPACE TECHNOLOGIES CORP","filed_at":"2024-02-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.026683+00:00","generated_at":"2026-06-06T06:17:07.483416+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Geospace Q1 revenue $50M (+60% YoY), net income $12.7M vs loss; Mariner sale drove results","bullets":["Revenue $50.0M, highest in nearly ten years, up 60% from $31.1M a year ago.","Net income $12.7M ($0.94 diluted EPS) vs net loss of $0.1M ($0.01 loss) in Q1 FY2023.","Oil & Gas segment revenue $39.9M (+98% YoY) driven by $30M purchase of Mariner ocean bottom node.","Adjacent Markets segment $9.8M (-9% YoY); Emerging Markets $0.2M with $1.8M backlog.","Cash and equivalents $34.0M; no borrowings; capital expenditure budget $7.0M for FY2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-003391","json":"https://secwatch.observer/filing/0001437749-24-003391.json","markdown":"https://secwatch.observer/filing/0001437749-24-003391.md","text":"https://secwatch.observer/filing/0001437749-24-003391.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1001115/000143774924003391/0001437749-24-003391-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1001115/000143774924003391/geos20240207_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T06:17:07.483416+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":"ba4719d0b4045569ce4b5de5b9ef623160216803","claim":"GEOSPACE TECHNOLOGIES CORP reported first quarter ended December 31, 2023 results: revenue $50.0 million, net income $12.7 million, EPS $0.94 per diluted share.","evidence_excerpt":"For the three-months ended December 31, 2023, Geospace reported revenue of $50.0 million, a 60% increase compared to revenue of $31.1 million for the comparable year-ago quarter. Net income for the three-months ended December 31, 2023 was $12.7 million, or $0.94 per diluted share, compared to a net loss of $0.1 million, or ($0.01) per diluted share, for the quarter ended December 31, 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1001115/000143774924003391/0001437749-24-003391-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended December 31, 2023"},{"label":"Revenue","value":"$50.0 million"},{"label":"Net income","value":"$12.7 million"},{"label":"EPS","value":"$0.94 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"}