earnings
confidence high
sentiment neutral
materiality 0.60
Dawson Geophysical Q2 2025: revenue up 5% to $8.7M; net loss narrows to $2.3M
DAWSON GEOPHYSICAL CO
2025-Q2 EPS reported
-$0.04
revenue$25,929,000
- Q2 2025 fee revenues were $8.7M vs $8.3M in 2024; net loss was $2.3M ($0.08/share) vs $3.5M ($0.12/share).
- Gross margin improved to 13% from 1% due to operational efficiencies; U.S. revenue more than doubled YoY.
- On Aug 8, 2025, Dawson Operating agreed to buy ~$24.2M of wireless seismic nodes from Geospace Technologies, paid via cash and 8.75% promissory notes.
- Cash balance at June 30, 2025 was $16.2M, up from $14.6M at Dec 31, 2024; working capital improved to $4.9M.
- Management expects the new equipment to improve top and bottom lines and increase competitiveness in high-channel surveys.
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