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Geospace Technologies (GEOS)
:GEOS
Earnings Data
Report Date
May 08, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
―Last Year’s EPS
0.94Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 05, 2025
|% Change Since: -6.60%
|Next Earnings Date:May 08, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed picture with a strong start to the fiscal year and significant growth in the Smart Water segment. However, there were notable declines in the Energy Solutions and Intelligent Industrial segments, along with increased operating expenses.Company Guidance
During the Geospace Technologies First Quarter 2025 Earnings Conference Call, the company reported a revenue of $37.2 million and a net income of $8.4 million, equating to $0.65 per diluted share. The Smart Water segment saw a notable revenue increase of 72% to $7.3 million, driven by heightened demand for Hydroconn products. However, the Energy Solutions segment experienced a 39% decline in revenue to $24.3 million, partly due to a prior year's $30 million sale not recurring, while the Intelligent Industrial segment's revenue slightly decreased by 4% to $5.6 million. Operating expenses rose by 31% to $12.3 million, attributed to personnel costs and R&D expenditures. The company ended the quarter debt-free, holding $22 million in cash and short-term investments, with a total liquidity of $34 million. Geospace also completed a $7 million stock repurchase program. No specific revenue or earnings guidance was provided for future periods.Strong Start to Fiscal Year 2025
Reported revenue of $37.2 million and net income of $8.4 million or $0.65 per diluted share for the first quarter, indicating a strong start to the fiscal year.
Significant Growth in Smart Water Segment
Revenue from the Smart Water segment increased by 72% compared to the previous year, totaling $7.3 million, driven by higher demand for Hydroconn cable and connector products.
Completion of Stock Repurchase Program
The company completed a $7 million stock repurchase program, purchasing approximately 716,000 shares at an average price of $9.72 per share.
Strong Balance Sheet
The company remains debt-free with $22 million of cash and short-term investments, $41 million in trade and financing receivables, and total liquidity of $34 million.
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GEOS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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GEOS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 05, 2025 | $8.94 | $8.73 | -2.35% |
| Nov 21, 2024 | $13.62 | $11.27 | -17.25% |
| Aug 08, 2024 | $8.37 | $8.34 | -0.36% |
| May 09, 2024 | $13.63 | $10.44 | -23.40% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Geospace Technologies (GEOS) report earnings?
Geospace Technologies (GEOS) is schdueled to report earning on May 08, 2025, TBA Not Confirmed.
What is Geospace Technologies (GEOS) earnings time?
Geospace Technologies (GEOS) earnings time is at May 08, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is GEOS EPS forecast?
Currently, no data Available
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