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Geospace Technologies Corp (GEOS.OQ)

GEOS.OQ on NASDAQ Stock Exchange Global Select Market

11.34USD
21 Feb 2018
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Latest Key Developments (Source: Significant Developments)

Geospace Technologies Announces Cost Reductions
Thursday, 14 Dec 2017 

Dec 14 (Reuters) - Geospace Technologies Corp ::GEOSPACE TECHNOLOGIES ANNOUNCES COST REDUCTIONS.GEOSPACE TECHNOLOGIES CORP - PROGRAM TO REDUCE ITS OPERATING COSTS IN LIGHT OF EXPECTED AND CONTINUING LOW LEVELS OF SEISMIC PRODUCT DEMAND.GEOSPACE TECHNOLOGIES CORP - PROGRAM IS EXPECTED TO PRODUCE APPROXIMATELY $6 MILLION OF ANNUALIZED CASH SAVINGS.GEOSPACE TECHNOLOGIES CORP - MAJORITY OF THE SAVINGS WILL BE REALIZED THROUGH A REDUCTION OF OVER 60 EMPLOYEES FROM COMPANY'S HOUSTON-AREA WORKFORCE.  Full Article

Lemelson Capital Management Announces 10 Pct Stake In Geospace Technologies
Friday, 1 Dec 2017 

Dec 1 (Reuters) - Lemelson Capital Management Llc : :LEMELSON CAPITAL MANAGEMENT ANNOUNCES 10 PERCENT STAKE IN GEOSPACE TECHNOLOGIES (NASDAQ: GEOS), URGES IMMEDIATE SHARE REPURCHASE.‍LEMELSON CAPITAL MANAGEMENT SAYS HAS ACQUIRED, FOR ITS FLAGSHIP AMVONA FUND, LP, STAKE OF ABOUT 10 PERCENT IN SHARES OF GEOSPACE TECHNOLOGIES​.LEMELSON CAPITAL MANAGEMENT LLC SAYS URGING COMPANY TO INITIATE AN IMMEDIATE SHARE REPURCHASE PLAN.  Full Article

Geospace Technologies Reports Q4 Loss Per Share $1.46
Thursday, 30 Nov 2017 

Nov 30 (Reuters) - Geospace Technologies Corp ::GEOSPACE TECHNOLOGIES REPORTS FISCAL YEAR 2017 RESULTS.Q4 LOSS PER SHARE $1.46.Q4 REVENUE $23.7 MILLION.GEOSPACE TECHNOLOGIES-DETERMINED PORTION OF INVENTORIES SHOULD HAVE BEEN CLASSIFIED AS NON-CURRENT IN BALANCE SHEETS IN CERTAIN FINANCIAL STATEMENTS​.GEOSPACE TECHNOLOGIES - ‍GOING FORWARD, WILL CONTINUE TO CATEGORIZE PORTIONS OF INVENTORIES AS NON-CURRENT BASED ON ESTIMATES OF WHEN IT MIGHT BE SOLD​.  Full Article

Geospace Technologies Q3 revenue $17.7 million
Thursday, 4 Aug 2016 

Geospace Technologies Corp : Geospace technologies reports fiscal year 2016 third quarter results . Q3 loss per share $0.89 .Q3 revenue $17.7 million.  Full Article

BRIEF-Lemelson Capital Management Says Urging Geospace Technologies' Board To Explore Immediate Sale Of Co

* LEMELSON CAPITAL MANAGEMENT SAYS IS URGING GEOSPACE TECHNOLOGIES CORP'S BOARD TO EXPLORE IMMEDIATE SALE OF COMPANY