Geospace Technologies (GEOS) to Release Quarterly Earnings on Thursday

Geospace Technologies (NASDAQ:GEOS) will post its quarterly earnings results after the market closes on Thursday, May 9th. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Geospace Technologies (NASDAQ:GEOS) last issued its earnings results on Wednesday, February 7th. The oil and gas company reported $0.94 EPS for the quarter. Geospace Technologies had a net margin of 17.42% and a return on equity of 18.73%. The firm had revenue of $50.03 million during the quarter.

Geospace Technologies Stock Performance

Shares of NASDAQ:GEOS opened at $13.57 on Wednesday. Geospace Technologies has a 52 week low of $6.60 and a 52 week high of $17.09. The company has a market capitalization of $180.75 million, a PE ratio of 7.30 and a beta of 0.80. The company has a 50 day moving average price of $12.81 and a two-hundred day moving average price of $12.86.

Insider Transactions at Geospace Technologies

In other news, SVP Robbin B. Adams sold 2,078 shares of the stock in a transaction on Wednesday, February 14th. The shares were sold at an average price of $12.29, for a total transaction of $25,538.62. Following the completion of the sale, the senior vice president now owns 79,739 shares of the company’s stock, valued at $979,992.31. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders sold 4,240 shares of company stock valued at $52,124 over the last quarter. Corporate insiders own 6.89% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of Geospace Technologies from a “buy” rating to a “strong-buy” rating in a research note on Thursday, May 2nd.

About Geospace Technologies

Geospace Technologies Corporation designs and manufactures instruments and equipment used in the oil and gas industry to acquire seismic data in order to locate, characterize, and monitor hydrocarbon producing reservoirs. The company operates through three segments: Oil and Gas Markets, Adjacent Markets, and Emerging Markets.