Dawson Geophysical (NASDAQ:DWSN) Issues Quarterly Earnings Results, Beats Expectations By $0.35 EPS

Dawson Geophysical (NASDAQ:DWSN) issued its quarterly earnings results on Thursday. The oil and gas company reported $0.06 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.29) by $0.35, MarketWatch Earnings reports. The firm had revenue of $29.50 million for the quarter. Dawson Geophysical had a negative net margin of 0.96% and a negative return on equity of 1.27%.

Shares of NASDAQ DWSN traded down $0.05 during midday trading on Friday, reaching $1.80. The stock had a trading volume of 107,225 shares, compared to its average volume of 80,292. Dawson Geophysical has a twelve month low of $0.84 and a twelve month high of $2.93. The company has a quick ratio of 3.33, a current ratio of 3.33 and a debt-to-equity ratio of 0.06. The company’s 50 day moving average price is $1.60 and its 200 day moving average price is $1.64.

About Dawson Geophysical

Dawson Geophysical Company provides onshore seismic data acquisition services in the United States and Canada. The company acquires and processes 2-D, 3-D, and multi-component seismic data for its clients, including oil and gas companies, and independent oil and gas operators, as well as providers of multi-client data libraries.

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Earnings History for Dawson Geophysical (NASDAQ:DWSN)

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