Geospace Q1 FY2025 revenue $37.2M, net income $8.4M; new segments introduced

GEOSPACE TECHNOLOGIES CORP

2025-Q1 EPS reported $0.65 revenue$37,223,000

Revenue $37.2M vs $50.0M YoY; net income $8.4M ($0.65 diluted EPS) vs $12.7M ($0.94 diluted EPS).
Smart Water segment revenue $7.3M (+72% YoY) driven by Hydroconn® cable and connector demand.
Energy Solutions revenue $24.3M (-39% YoY) included $17M OBX marine node sale; prior year had $30M Mariner™ sale.
Intelligent Industrial revenue $5.6M (-4% YoY) on lower imaging product demand, partly offset by industrial sensor growth.
Completed $7M stock buyback repurchasing ~716k shares at avg $9.72; capex budget $6M for FY2025.

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