GEOS

Shares of Geospace Technologies Corporation GEOS have lost 8.8% since the company reported its earnings for the quarter ended March 31, 2026. This compares to the S&P 500 Index’s 0.2% gain over the same time frame. Over the past month, the stock has lost 7.6%, while the S&P 500 posted a 6.9% gain. For the second quarter of fiscal 2026, Geospace reported revenues of $19.7 million, a 9.5% increase from $18 million in second-quarter fiscal 2025. However, the company’s net loss widened to $11 million, or $0.86 per diluted share, from $9.8 million, or $0.77 per diluted share, in the same period last year. This increase in loss was primarily due to higher operating expenses, which grew 0.7% year over year. Revenues from GEOS’ Smart Water segment saw a sharp decline of 60.6% in second-quarter fiscal 2026 compared with second-quarter fiscal 2025, largely due to lower demand for its Hydroconn connector products. Conversely, the Energy Solutions segment demonstrated strong growth, with revenue surging 272.1%, driven by a significant increase in sales of permanent reservoir monitoring (PRM) products and land wireless solutions. The Intelligent Industrial segment also saw revenue growth of 7.1%, primarily from higher demand for industrial sensors and contract manufacturing services. Geospace continues to face challenges related to its traditional energy market offerings. The Smart Water segment, which includes the company’s Hydroconn connectors and the Aquana product line, saw a revenue drop of 60.6% for the quarter. This decline is attributed to the normalization of inventory levels by customers who had previously stocked up in anticipation of greater demand. While the decline in revenue is concerning, management anticipates a slight rebound in the coming quarters, with new and replacement smart meter installations expected to drive modest growth. For the first six months of fiscal 2026, the segment's revenue dropped 43.4% from $16.8 million to $9.5 million. The Energy Solutions segment showed a marked improvement, with revenue for the quarter totaling $9.6 million compared with $2.6 million in second-quarter fiscal 2025. This surge is attributed to the PRM project and the final deliveries of the Pioneer land wireless products. Geospace is also experiencing a slowdown in traditional seismic product demand, but its strategic focus on permanent reservoir monitoring syste...

Image source: The Motley Fool. Friday, May 8, 2026 at 10 a.m. ET President and Chief Executive Officer — Richard F. Kelley Chief Financial Officer — Robert P. Curda In our prepared remarks, I will first provide an overview of the second quarter, and Robert will then follow up with more in-depth commentary on our financial performance as well as an overview of our financials. We will then open the line for questions. Today's commentary on markets, revenue, planned operations and capital expenditures may be considered forward-looking as defined by the Private Securities Litigation Reform Act of 1995. These statements are based on what we know now, but actual outcomes are affected by uncertainties beyond our control or prediction. Both known and unknown risks can lead to results that differ from what is said or implied today. Some of these risks and uncertainties are discussed in our SEC Form 10-K and 10-Q filings. For convenience, we will link a recording of this call on the Investor Relations page of our geospace.com website, which I invite everyone to browse through and learn more about Geospace, our subsidiaries and our products and services. Note that today's recorded information is time-sensitive and may not be accurate at the time one listens to the replay. Yesterday, after the market closed, we released our financial results for the period ended March 31, our second quarter for the fiscal year 2026. For the 3 months ended March 31, 2026, we reported revenue of $19.7 million with a net loss of $11.1 million. While our recent results reflect near-term market pressures, they do not change our longer-term plan for diversification and growth. We have seen encouraging signs through new contract wins and expanding opportunities beyond our traditional oil and gas markets. We also recognized revenue with the Heartbeat Detector subscription model, which underscores the growing value of our reoccurring revenue initiatives. Additionally, we are leveraging our contract manufacturing expertise to pursue white label product developments and manufacturing in smart water technologies. Despite lower utilization of our ocean bottom node fleet, we are seeing increased interest for the summer survey season. As planned, we recognized our first revenue from the previously announced permanent reservoir monitoring, or PRM project as initial manufacturing activities began in Hou...

HOUSTON (AP) — HOUSTON (AP) — Geospace Technologies Corp. (GEOS) on Thursday reported a loss of $11 million in its fiscal second quarter. The Houston-based company said it had a loss of 86 cents per share. The maker of seismic instruments and equipment posted revenue of $19.7 million in the period. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GEOS at https://www.zacks.com/ap/GEOS

Interested in Geospace Technologies Corporation? Here are five stocks we like better. Q2 results: Revenue was $19.7 million with a net loss of $11.1 million (six‑month revenue $45.3M), and the company ended the quarter with $13.4 million in cash and $25 million of available borrowings under its credit facility. PRM contract ramping: Geospace recognized initial revenue as manufacturing began for the Permanent Reservoir Monitoring project and expects revenue to ramp through the contract lifecycle, peaking roughly around the midpoint with completion targeted in late 2027 to early 2028. Restructuring and diversification: Management cut about 20% of the workforce to target roughly $12 million in annualized cost savings while pushing recurring-revenue initiatives (Heartbeat Detector subscription), contract manufacturing/“white label” Smart Water deals, even as Smart Water revenue fell ~61% year‑over‑year this quarter. Geospace Stock Skyrockets After Major Petrobras Contract Geospace Technologies (NASDAQ:GEOS) reported second-quarter fiscal 2026 revenue of $19.7 million and a net loss of $11.1 million, as the company navigated what executives described as near-term market pressure while continuing efforts to diversify beyond its traditional oil and gas exposure. On the company’s earnings call, President and CEO Richard Kelley said the quarter included “encouraging signs through new contract wins and expanding opportunities,” highlighting early revenue recognition from a Permanent Reservoir Monitoring (PRM) project, ongoing progress in recurring revenue initiatives such as the Heartbeat Detector subscription model, and efforts to expand contract manufacturing and “white label” opportunities in Smart Water. → Insider Sales: Top AST SpaceMobile Insider Cuts Postion Over 30% 3 Stocks For the Resurgent Energy Rally Chief Financial Officer Robert Curda said Geospace ended the March 31 quarter with revenue of $19.7 million, up from $18.0 million in the year-ago period. Net loss widened to $11.1 million, or $0.86 per diluted share, compared with a net loss of $9.8 million, or $0.77 per diluted share, a year earlier. For the first six months of fiscal 2026, Curda reported revenue of $45.3 million, down from $55.2 million in the comparable prior-year period. Net loss for the six-month period was $20.8 million, or $1.62 per diluted share, compared with a net loss of $1.4 mill...

HOUSTON, May 07, 2026--(BUSINESS WIRE)--Geospace Technologies Corporation (NASDAQ: GEOS) ("the "Company") today announced results for its second quarter ended March 31, 2026. For the three-months ended March 31, 2026, Geospace reported revenue of $19.7 million compared to revenue of $18.0 million for the comparable year-ago quarter. Net loss for the three-months ended March 31, 2026, was $11.1 million, or $(0.86) per diluted share, compared to net loss of $9.8 million, or $(0.77) per diluted share, for the quarter ended March 31, 2025. For the six-months ended March 31, 2026, Geospace reported revenue of $45.3 million compared to revenue of $55.2 million for the comparable year-ago period. Net loss for the six-months ended March 31, 2026 was $20.8 million, or $(1.62) per diluted share, compared to net loss of $1.4 million, or $(0.11) per diluted share, for the six-months ended March 31, 2025. Management Comments Richard "Rich" Kelley, President and CEO of the Company said, "Our transformation into a more diversified, technology-driven solutions company is a deliberate long-term strategy, and like any meaningful evolution, it comes with both progress and challenges. While our recent results reflect some near-term pressures, they do not change our longer-term plan for diversification and growth. We have already seen encouraging signs through new contract wins and expanding opportunities beyond our traditional oil and gas markets leveraging our manufacturing expertise including early revenue with the Heartbeat Detector® subscription model. Additionally, we are taking advantage of our contract manufacturing expertise, where we have opportunities for white label product development and manufacturing in smart water technologies. Despite lower utilization of our ocean bottom node fleet, we are seeing increased interest for the summer survey season. Additionally, we recognized our first revenue from the previously announced Permanent Reservoir Monitoring project as initial manufacturing activities began in Houston, representing an important milestone in the project’s execution. While the conflict in the Middle East has impacted potential future business due to travel restrictions and the unknowns associated with the conflict, we have maintained positive North American interest in our ultralight land node, Pioneer™. Currently, we are providing proposals to new and ex...

HOUSTON, April 28, 2026--(BUSINESS WIRE)--Geospace Technologies (NASDAQ: GEOS) today announced that it will release second quarter 2026 financial results on Thursday, May 7, 2026 after the market closes. In conjunction with the release, Geospace has scheduled a conference call for Friday, May 8, 2026 at 10:00 a.m. Eastern Time (9:00 a.m. Central). WHAT: Geospace Technologies Second Quarter 2026 Results Conference Call WHEN: Friday, May 8, 2026 at 10:00 a.m. Eastern Time (9:00 a.m. Central) HOW: Live via phone – U.S. participants can dial toll-free 833-316-1983. International participants can dial 785-838-9310. Please reference the Geospace Technologies conference ID: GEOSQ226 prior to the start of the conference call. For those who cannot listen to the live call, a replay will be available for approximately 60 days and may be accessed through the Investor Relations page on the Geospace.com website. About Geospace Technologies Geospace Technologies is a global technology and instrumentation manufacturer specializing in advanced sensing, IOT and highly ruggedized products, which serve smart water, energy exploration, industrial, government and commercial customers worldwide. The Company’s products blend engineering expertise with advanced analytic software to optimize energy exploration, enhance national and homeland security, empower water utility and property managers, and streamline electronic printing solutions. With more than four decades of excellence, the Company’s more than 400 employees across the world are dedicated to engineering and technical quality. Geospace is traded on the U.S. NASDAQ stock exchange under the ticker symbol GEOS. For more information, visit www.geospace.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20260428396127/en/ Contacts MEDIA CONTACT: Caroline Kempf, [email protected], 713.986.8710

The share price of Geospace Technologies Corporation (NASDAQ:GEOS) fell by 44.57% between February 3 and February 10, 2026, putting it among the Energy Stocks that Lost the Most This Week. Geospace Technologies Corporation (NASDAQ:GEOS) is a technology-driven, market-leading provider of technology solutions that deliver situational awareness for energy exploration, security and surveillance, and industrial IoT applications. Geospace Technologies Corporation (NASDAQ:GEOS) slumped after posting its Q1 2026 results on February 4, with a net loss of $9.8 million, or $0.76 per diluted share. This is down from a net income of $8.4 million or $0.65 per diluted share in the same period last year. Moreover, Geospace’s revenue also declined by a significant 31% YoY to $25.6 million. The decline was primarily driven by reduced performance across Geospace’s major segments, particularly Energy Solutions, which experienced a 40% revenue decline due to lower utilization of the OBX rental fleet. Meanwhile, the company’s Smart Water and Intelligent Industrial segments also reported 21% and 8% declines in revenue, respectively, compared with last year. Geospace also didn’t provide any specific revenue or earnings guidance during its earnings call. While we acknowledge the potential of GEOS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 High Yield Utility Stocks to Buy in 2026 and 10 Best American Oil and Gas Stocks to Buy Disclosure: None.

This article first appeared on GuruFocus. Revenue: $25.6 million for the first quarter ended December 31, 2025, compared to $37.2 million in the previous year. Net Loss: $9.8 million or $0.76 per diluted share, compared to net income of $8.4 million or $0.65 per diluted share in the previous year. Smart Water Segment Revenue: $5.8 million, a decrease of 21% from the previous year's $7.3 million. Energy Solutions Segment Revenue: $14.6 million, a decrease of 40% from the previous year's $24.3 million. Intelligent Industrial Segment Revenue: $5.1 million, a decrease of 8% from the previous year's $5.6 million. Cash and Cash Equivalents: $10 million as of December 31, 2025. Working Capital: $52.2 million, including $25.4 million of trade accounts and financing receivables. Capital Expenditure Budget: $5 million anticipated for fiscal year 2026. Warning! GuruFocus has detected 3 Warning Signs with GEOS. Is GEOS fairly valued? Test your thesis with our free DCF calculator. Release Date: February 05, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Geospace Technologies Corp (NASDAQ:GEOS) continues to invest in strategic initiatives and innovative technology to diversify its business, positioning itself for sustainable growth and long-term value. The Smart Water segment is operating in a stable environment with strong long-term demand driven by factors such as population growth and urbanization. The acquisition of GeoVox Security has strengthened the company's security portfolio, with increased customer interest and engagement. The Intelligent Industrial segment is generating steady revenue from industrial sensors, imaging products, and contract manufacturing solutions. The company maintains a conservative financial framework, focusing on prudent planning, operational discipline, and long-term asset stewardship. Geospace Technologies Corp (NASDAQ:GEOS) reported a net loss of $9.8 million for the first quarter of fiscal year 2026, compared to a net income of $8.4 million in the same period last year. Revenue decreased significantly across all segments, with the Smart Water segment down 21%, Energy Solutions down 40%, and Intelligent Industrial down 8% compared to the previous year. Inflation and tariffs have increased material costs, impacting margins and forcing the company to carry higher inventory costs. T...

Shares of Geospace Technologies Corporation GEOS have plunged 43.9% since reporting results for the quarter ended Dec. 31, 2025, significantly underperforming the S&P 500 Index, which slipped 0.2% over the same period. During the past month, GEOS shares fell 55.9%, compared with a 0.9% decline for the broader index. For the first quarter of fiscal 2026, Geospace reported revenues of $25.6 million, down 31.3% from $37.2 million in the year-ago period. The company posted a net loss of $9.8 million, or $0.76 per diluted share, against net income of $8.4 million, or $0.65 per diluted share, in the prior-year quarter. Performance varied across segments. Smart Water revenue totaled $5.8 million, a 21% decrease from $7.3 million a year earlier, primarily reflecting lower demand for Hydroconn cable and connector products. Energy Solutions revenue fell 39.7% year over year to $14.6 million, from $24.3 million, due to lower utilization of the OBX rental fleet and the absence of a large $17 million marine wireless product sale recorded in the prior-year quarter. Intelligent Industrial revenue declined 8.4% to $5.1 million from $5.6 million, as weaker industrial sensor demand partially offset gains in contract manufacturing. Margins and profitability were pressured during the quarter. Gross profit fell 86.6% to $2.7 million from $20.1 million a year earlier, reflecting lower revenue volume and higher costs. Total operating expenses increased 5.1% to $12.9 million from $12.3 million, including selling, general and administrative expenses of $8.3 million and research and development spending of $4.5 million. GEOS reported an operating loss of $10.2 million, against operating income of $7.8 million in the prior-year period. On the balance sheet, Geospace ended the quarter with $10.6 million in cash and cash equivalents and working capital of $52.2 million. Inventories rose to $35.4 million from $30.9 million at the end of fiscal 2025, while total assets declined to $144.6 million from $153 million. Geospace Technologies Corporation price-consensus-eps-surprise-chart | Geospace Technologies Corporation Quote Management characterized the quarter as challenging, citing an operating environment shaped by economic uncertainty, inflation, tariffs and supply chain disruptions. Chief Executive Officer Richard Kelley noted that higher material costs and tariff impacts weighed on ma...

Q1 FY2026 results: Geospace reported revenue of $25.6 million and a net loss of $9.8 million (down from $37.2M revenue and $8.4M net income a year ago), blaming inflation-driven material cost increases, tariffs and supply-chain/inventory pressures, and management did not provide forward guidance. Petrobras PRM contract timing: The roughly $90 million permanent reservoir monitoring contract will be recognized “over time,” with revenue recognition expected to begin in Q3 FY2026, the goods portion largely complete by Q1 FY2027 and some service/installation revenue potentially extending into late FY2027. Geovox rollout and market outlook: Geovox shipments began this quarter with revenue expected next quarter, the company plans to ship “a couple hundred” units this year under a subscription model, sees strong interest in prisons/border/security sites, and estimates the addressable market is in the thousands of units rather than tens of thousands. Interested in Geospace Technologies Corporation? Here are five stocks we like better. Geospace Stock Skyrockets After Major Petrobras Contract Geospace Technologies (NASDAQ:GEOS) reported first-quarter fiscal 2026 revenue of $25.6 million and a net loss of $9.8 million for the three months ended December 31, 2025, as management pointed to a challenging operating environment that included inflation-driven cost pressures, tariffs, and supply chain issues. On the company’s earnings call, President and CEO Rich Kelley said Geospace faced higher material costs that rose faster than the company could adjust pricing, while supply chain challenges led to higher inventory costs. Despite those pressures, Kelley said the company remains focused on customer service, efficient operations, and “smart, long-term decisions.” CFO Robert Curda added that the company does not plan to provide specific revenue or earnings guidance. → AMD’s Post-Earnings Dip Looks Like the Buying Window Bulls Wanted 3 Stocks For the Resurgent Energy Rally Curda said quarterly revenue declined from $37.2 million in the year-ago period to $25.6 million. The company posted a net loss of $9.8 million, or $0.76 per diluted share, compared with net income of $8.4 million, or $0.65 per diluted share, in the prior-year first quarter. Management detailed performance across Geospace’s three operating segments: Smart Water: Revenue was $5.8 million, down 21% from $7.3 m...

HOUSTON, February 04, 2026--(BUSINESS WIRE)--Geospace Technologies Corporation (NASDAQ: GEOS) ("the "Company") today announced results for its first quarter ended December 31, 2025. For the three-months ended December 31, 2025, Geospace reported revenue of $25.6 million compared to revenue of $37.2 million for the comparable year-ago quarter. Net loss for the three-months ended December 31, 2025, was $9.8 million, or $(0.76) per diluted share, compared to net income of $8.4 million, or $0.65 per diluted share, for the quarter ended December 31, 2024. Management’s Comments Richard J. ("Rich") Kelley, President and CEO of Geospace Technologies said, "The past year was not without its challenges many of which are reflected in our first quarter performance. We continue to operate in an environment shaped by economic uncertainty, inflation, tariffs and supply chain challenges. With that said, we remain focused on what we can control: serving our customers, running the business well, and making smart, long-term decisions. Overall, I am encouraged by how our organization performed in this difficult operating environment. We continue to invest in our future, advance our strategic initiatives, and leverage innovative technology to further diversify the business. These efforts position us well to drive sustainable growth and long-term value for our shareholders. The Smart Water segment continues to operate in a stable yet increasingly demanding environment. As is typical in the first quarter, revenue is reduced due to seasonal deployment schedules and the timing of municipal government budget cycles. However, long-term demand for water infrastructure, treatment, and management services remains strong, driven by population growth, urbanization, aging infrastructure, and heightened regulatory and environmental standards. We are expanding the geographic reach of our sales and marketing operations to enter markets where these demand criteria exist, and our technology offers significant added value. At the same time, the industry faces challenges including rising operating costs, climate-related variability, evolving compliance requirements, and the need for sustained capital investment. These dynamics reinforce the importance of prudent planning, operational discipline, and long-term asset stewardship. The environment surrounding our Energy Solutions segment is defined by...