earnings
confidence high
sentiment negative
materiality 0.75
Geospace Q2 net loss widens to $9.8M; revenue falls 26% to $18M, Smart Water segment hits record
GEOSPACE TECHNOLOGIES CORP
2025-Q2 EPS reported
-$0.11
revenue$55,246,000
- Net loss of $9.8M ($0.77/share) vs $4.3M loss ($0.32/share) a year ago.
- Revenue $18.0M, down from $24.3M; Smart Water segment up 47.8% to $9.5M (record).
- Energy Solutions revenue plunged 76.5% to $2.6M, including $2.2M receivable reversal from a rental customer.
- Six-month net loss $1.4M vs net income $8.4M; revenue $55.2M vs $74.3M.
- Cash and short-term investments $19.8M, no debt; sale of excess Houston land expected in Q3.