secwatch.observer — SEC 8-K summary
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Issuer:     GEOSPACE TECHNOLOGIES CORP (GEOS)
CIK:        0001001115
Form:       8-K
Filed at:   2025-05-09T23:59:59+00:00
Accession:  0001437749-25-015576
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Geospace Q2 net loss widens to $9.8M; revenue falls 26% to $18M, Smart Water segment hits record
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1001115/000143774925015576/0001437749-25-015576-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1001115/000143774925015576/geos20250508_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-015576

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