secwatch.observer — SEC 8-K summary
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Issuer:     DAWSON GEOPHYSICAL CO (DWSN)
CIK:        0000799165
Form:       8-K
Filed at:   2024-11-12T23:59:59+00:00
Accession:  0001558370-24-015353
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dawson Geophysical Q3 revenue $14.4M, down 37% YoY; net loss $5.6M
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- Revenue $14.4M, down 37% YoY from $23M in Q3 2023.
- Net loss $5.6M ($0.18 per share) vs net loss $5.2M ($0.20) in Q3 2023.
- Negative EBITDA $4.3M vs negative $3.4M in Q3 2023.
- Capital budget raised to $6M for new single node channels; expects improved margins.
- Cash $7M, working capital $4.4M; Canada seasonal ops resumed, boosting H1 2025 outlook.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/799165/000155837024015353/0001558370-24-015353-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/799165/000155837024015353/dwsn-20241112x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-015353

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