Geospace Technologies Reports Third Quarter and Nine-Months 2026 Results
U.S. Navy Awards the Company $10.8 Million Contract
Geospace Technologies Corporation (NASDAQ: GEOS) (“the “Company") today announced results for its third quarter ended June 30, 2026. For the three-months ended June 30, 2026, Geospace reported revenue of $15.8 million compared to revenue of $24.8 million for the comparable year-ago quarter. Net loss for the three-months ended June 30, 2026, was $9.7 million, or $(0.75) per diluted share, compared to net income of $0.8 million, or $0.06 per diluted share, for the quarter ended June 30, 2025.
For the nine-months ended June 30, 2026, Geospace reported revenue of $61.1 million compared to revenue of $80.1 million for the comparable year-ago period. Net loss for the nine-months ended June 30, 2026 was $30.5 million, or $(2.37) per diluted share, compared to net loss of $0.7 million, or $(0.05) per diluted share, for the nine-months ended June 30, 2025.
Management Comments
