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Stock impact report

DAWSON GEOPHYSICAL REPORTS THIRD QUARTER 2024 RESULTS

Dawson Geophysical Company (DWSN) 
Last dawson geophysical company earnings: 8/1 06:00 am Check Earnings Report
Company Research Source: PR Newswire
MIDLAND, Texas, Nov. 12, 2024 /PRNewswire/ -- Dawson Geophysical Company (NASDAQ: DWSN) (the "Company") today reported unaudited financial results for its third quarter ended September 30, 2024.Management CommentTony Clark, Dawson's President and CEO, commented, "We began the quarter with one crew operating in the United States, and had two small channel crews operating later in the quarter. We currently have one crew operating and a second large channel crew scheduled to deploy in mid-November, which will utilize the majority of our channels in the United States. Our seasonal operations in Canada resumed in October, and we expect increased revenues and profitability from Canada through the first quarter of 2025.We are currently testing new single node channels in the field, and we expect to invest in increasing our channel count through the purchase of new equipment in the near future. We believe that investing in new single node channels will improve our revenue and margins due to i Show less Read more
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