Dawson Geophysical Company reports third quarter fee revenues of $14.9 million

Reuters
2025.11.12 21:10
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Dawson Geophysical Company reported third quarter fee revenues of $14.9 million for the period ending September 30, 2025, marking a 220% increase from $4.7 million in 2024. The company experienced a net loss of $1.2 million, an improvement from a loss of $5.6 million the previous year. Year-to-date, net loss was $2.5 million, down from $3.3 million in 2024. EBITDA improved to $0.2 million from negative $4.3 million in 2024. The company is preparing for a large channel crew deployment in the fourth quarter with new equipment.