DAWSON GEOPHYSICAL CO (DWSN) Form 10-Q — May 15, 2026
Dawson Geophysical reported a strong first-quarter turnaround, with net income surging 671% year-over-year to $7.7 million and revenue jumping 128% to $36.7 million. The improvement was driven by higher crew utilization in the U.S. following the deployment of new single-point node channels acquired from Geospace Technologies. The company generated $10.9 million in Adjusted EBITDA, significantly up from $2.3 million in the prior year period.
Key figures
- Eps
- 0.25
- Revenue
- 36699000
- Net Income
- 7661000
- Revenue Yoy
- 128%
- Cash Position
- 1374000
- Us Fee Revenue
- 20865000
- Adjusted Ebitda
- 10855000
- Canada Fee Revenue
- 11643000
- Shares Outstanding
- 31052840
- Geospace Notes Outstanding
- 16142000
- Revolving Credit Available
- 4500000
Price after filing
1 day: 0.0%7 days: +8.3%30 days: +23.1%
Close on the filing date to close N calendar days later (from $3.86). Historical, not a forecast.
AI analysis
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