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    Geospace Technologies (GEOS) FY2012 Financial Results, Second Consecutive Year of Record Revenue

    December 11 Dec 2012 | 15:08
     

    crwenews

     

     

    http://pennyomega.com/img/geos.jpg GEOS, Geospace Technologies Corp.

    ** For its fiscal year 2012, GEOS posted net income of $35.1 million, or $2.74 per diluted share, on revenues of $191.7 million, compared with a net income of $29.7 million, or $2.36 per diluted share, on revenues of $173.0 million for the prior fiscal year.

    On its fourth quarter fiscal year 2012, GEOS posted revenues of $36.9 million and net income of $4.3 million, or $0.33 per diluted share, compared to $32.8 million and a net income of $3.6 million, or $0.28 per diluted share, in the same period the prior year.

    http://pennyomega.com/img/geos_chart.jpg

    GEOS designs and manufactures instruments and equipment used by the oil and gas industry in the acquisition and processing of seismic data as well as in reservoir characterization and monitoring activities.

    More about GEOS at www.geospace.com

    ******************

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