FY2020 Looks Promising For Geospace Technologies Corp. [Seeking Alpha]
Geospace Technologies Corporation (GEOS)
Last geospace technologies corporation earnings: 5/4 05:01 pm
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US:NASDAQ Investor Relations:
geospace.com/investor-relations
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Source: Seeking Alpha
FY2020 Looks Promising For Geospace Technologies Corp. Summary GEOS has endured a prolonged downturn but the company looks set to return to profitability in FY2020. The company has invested heavily in new technologies and acquisitions for the past several years, helping drive demand from current and future customers. It is anticipated that GEOS' common stock will break out to multi-year highs in FY2020. Geospace Technologies, Corp. (Nasdaq: Over the past several years, demand for GEOS' seismic data acquisition products diminished after years of excess supply caused by the oil price crash that began in 2014. Just before the crash, crude was trading over a $100 per barrel, but by 2016 oil trading as low as $26 per barrel. WTI crude oil price per barrel. Source: macrotrends.net GEOS' customers essentially froze capex for exploration and instead focused cash on increasing productivity in existing wells. As a result, many companies, including some of GEOS' closest competitors, went bankru
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GEOS
News
- Geospace Technologies Reports Fourth Quarter and Fiscal Year 2024 Results [Yahoo! Finance]Yahoo! Finance
- Geospace Technologies Reports Fourth Quarter and Fiscal Year 2024 ResultsBusiness Wire
- Geospace Technologies Co. (NASDAQ: GEOS) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Geospace Technologies Co. (NASDAQ: GEOS) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Geospace Technologies Schedules Fourth Quarter and Fiscal Year 2024 Earnings Call [Yahoo! Finance]Yahoo! Finance
GEOS
Sec Filings
- 11/22/24 - Form 10-K
- 11/21/24 - Form 8-K
- 11/14/24 - Form SCHEDULE
- GEOS's page on the SEC website