Latest GEOS news and sentiment

Geospace (GEOS) Earnings Snapshot: The Company Publishes Its Latest Results; Latest Reaction: Shares Move 7.06% Lower in the Current Update - Analyst Consensus Shift

GEOS Q2 2026 Earnings: Reported $0.75 Per Share Loss as Energy Market Headwinds Persist - EPS Revision Trend

Geospace Stock Plunges Post Q3 Earnings, Revenues Decline Y/Y

Shares of Geospace Technologies Corporation GEOS have lost 23.4% since the company reported its earnings for the quarter ended June 30, 2026, compared with the S&P 500 Index's 0.3% gain over the same time frame. Over the past month, the stock has lost 21.7%, while the S&P 500 has gained 2.9%. Geospace's Earnings Snapshot Geospace reported third-quarter fiscal 2026 revenues of $15.8 million, down 36.4% from $24.8 million a year earlier. The company posted a net loss of $9.7 million, or 75 cents per diluted share, against a net income of $0.8 million, or 6 cents per diluted share, in the year-ag

GEOSPACE TECHNOLOGIES CORP 3Q 2026: Revenue $15.8M, EPS ($0.75) — 10-Q Summary

Geospace Technologies Corp reported third-quarter 2026 results with a significant drop in revenue to $15.8M and a net loss of ($9.71M), resulting in diluted EPS of ($0.75). This decline was primarily attributed to lower Smart Water sales and a shift in Energy Solutions sales mix. The company is implementing cost-cutting measures, including a workforce reduction, and focusing on diversifying revenue through Smart Water, Quantum/Heartbeat security products, and Intelligent Industrial sensors.

Earnings call transcript: Geospace Technologies Q3 2026 loss widens as shares sink

Geospace Technologies reported a significant downturn in Q3 fiscal 2026, with revenue falling to $15.8 million and a net loss of $9.7 million, primarily due to uneven demand across segments, lower Smart Water orders, and delays in the PRM project. Despite these challenges, the company highlights a new $10.8 million U.S. Navy contract and progress in its Heartbeat Detector business, while focusing on cost controls and maintaining liquidity with $25 million in available credit. Final PRM revenue recognition is now expected between Q3 and Q4 fiscal 2027, with the total contract value remaining unchanged.

Geospace Technologies (NASDAQ: GEOS) swings to Q3 loss, wins $10.8M Navy deal

Geospace Technologies reported a significant swing to a Q3 fiscal 2026 net loss of $9.7 million from a net income of $0.8 million a year prior, with revenue falling to $15.8 million from $24.8 million. All operating segments experienced lower sales due to reduced demand and challenging market conditions. Despite the weak financial performance, its subsidiary, Quantum Technology Sciences, secured a $10.8 million firm-fixed price contract from the U.S. Navy for a seismic acoustic detection and ranging system.

Geospace Technologies (NASDAQ: GEOS) burns cash but cites $98M backlog

Geospace Technologies reported a significant Q3 loss of $9.7 million on lower sales of $15.8 million, down from $24.8 million a year prior. For the first nine months of fiscal 2026, the company posted a net loss of $30.5 million and experienced a $27.3 million cash outflow from operations, reducing cash reserves to $2.8 million. Despite these financial challenges, Geospace highlights a $98 million backlog from unsatisfied performance obligations, mainly a long-term PRM contract, and expects $10 million in annualized cash savings from a 20% workforce reduction.

Geospace Technologies Posts $24.8 Million Revenue but Reports Net Loss in Latest 8-K Filing

Geospace Technologies Corporation reported a net loss for the third quarter of fiscal year 2026, despite generating $24.8 million in revenue. The company’s latest 8-K filing highlights ongoing operating losses, delays in a major PRM contract, and risks associated with its Smart Water/Aquana technologies. Despite these challenges, Geospace maintains a strong liquidity position with $26.3 million in cash and no preferred stock outstanding.

Geospace Technologies reports Q3 revenue $15.8M, net loss $9.7M; nine-month revenue $61.1M

Geospace Technologies reported Q3 fiscal 2026 revenue of $15.8 million and a net loss of $9.7 million, with nine-month revenue reaching $61.1 million and a net loss of $30.5 million. The company cited challenging market conditions and supply chain issues but highlighted a significant $10.8 million U.S. Navy contract award to its Quantum subsidiary. Despite declines in its Smart Water segment, the Intelligent Industrial segment remained a steady contributor, and the company implemented cost reduction and manufacturing productivity improvements.

Geospace Fiscal Q3 2026 Earnings: Revenue Falls 36% as Gross Margin Narrows to 3.1%

Geospace Technologies reported a significant decline in its fiscal Q3 2026 earnings, with revenue falling 36.4% to $15.8 million and diluted EPS swinging to a loss of $0.75. The gross margin narrowed sharply to 3.1% due to reduced demand across all operating segments and various cost pressures. The company also saw increased cash usage in operating activities, highlighting risks related to continued demand weakness, margin recovery, and project execution.

Navy awards Geospace $10.8M contract as quarterly loss hits $9.7M

Geospace Technologies (NASDAQ: GEOS) reported a net loss of $9.7 million, or $(0.75) per diluted share, for the third quarter ended June 30, 2026, on revenues of $15.8 million. This compares to a net income of $0.8 million and revenues of $24.8 million in the prior-year quarter. Despite challenging market conditions impacting financial performance, a subsidiary, Quantum Technology Sciences, LLC., secured a $10.8 million firm-fixed price contract with the U.S. Navy for a seismic acoustic detection and ranging system.