Dawson Geophysical (DWSN) Misses Q2 EPS by 38c

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Go back to Dawson Geophysical (DWSN) Misses Q2 EPS by 38c

Dawson Geophysical Reports Second Quarter 2021 Results

August 12, 2021 6:00 AM EDT

MIDLAND, Texas, Aug. 12, 2021 /PRNewswire/ -- Dawson Geophysical Company (NASDAQ: DWSN) (the "Company") today reported unaudited financial results for its second quarter ended June 30, 2021.

For the quarter ended June 30, 2021, the Company reported revenues of $193,000, a significant decrease compared to $29,499,000 for the quarter ended June 30, 2020. For the second quarter of 2021, the Company reported a net loss of $9,017,000 or $0.38 loss per common share compared to net income of $1,500,000 or $0.06 per common share for the second quarter of 2020. The Company reported negative EBITDA of $5,667,000 for the quarter ended June 30, 2021 compared to positive EBITDA of... More