Dawson Geophysical Q3 net loss narrows

Reuters

Nov 13, 2025

Dawson Geophysical Q3 net loss narrows

Overview

Dawson Geophysical Q3 fee revenue rises 220% yr/yr, driven by new equipment deployment
Company reports Q3 net loss of $1.2 mln, reduced from $5.6 mln loss last year
Dawson enters $5 mln revolving credit facility to support operations

Outlook

Dawson Geophysical expects revenue to increase quarter-over-quarter
Company plans first large channel crew deployment of single node channels in Q4
Dawson Geophysical's Canadian operations to ramp up for a robust winter season

Result Drivers

NEW EQUIPMENT DEPLOYMENT - Dawson reports promising results from new single node channels deployed in August, with accelerated delivery due to high demand
INCREASED CHANNEL COUNT - Co expects improved top-line results from increased channel count as it utilizes legacy and new equipment
POSITIVE CUSTOMER FEEDBACK - Canadian segment received positive feedback on new equipment, acquired several passive monitoring surveys

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q3 Net Income		-$1.15 mln
Q3 Income from Operations		-$1.17 mln
Q3 Pretax Profit		-$1.14 mln

Press Release: ID:nPn6cBsBka

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.</p><p>(This story was created using Reuters automation and AI based on LSEG and company data. 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