DWSN
Dawson Geophysical Company1.6800
-0.0300-1.75%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
52.16MP/E (TTM)
-Basic EPS (TTM)
-0.10Dividend Yield
0%Recent Filings
10-Q
8-K
10-Q
Q2 FY2025 results
Dawson Geophysical's Q2 FY2025 revenue dipped 21.2% y/y to $9.9M from $12.5M, driven by a sharp drop in reimbursable revenue, while fee revenue edged up 5.0% y/y to $8.7M on steady U.S. crew utilization but remained flat q/q; operating loss narrowed to $2.4M from $3.8M y/y, with gross margins improving amid cost efficiencies, though YTD revenue plunged 41.2% y/y to $25.9M and swung to a $1.3M operating loss from $2.0M profit. Diluted EPS of -$0.08 aligns with 31.0M weighted shares, showing no dilution effects. Cash swelled to $16.2M on $16.6M operating cash flow, yielding $16.0M free cash flow (derived), while debt stayed low at $2.9M including $2.0M finance leases; post-quarter, the firm inked a $24.2M deal for single-node channels, funding $6.0M cash and $18.2M in 8.75% notes over 36 months secured by equipment and Midland properties. Canada operations contributed 51% of YTD fee revenue, up 52.1% y/y on project completions. Yet oil price volatility threatens client spending.
8-K
Q2 revenue up, equipment investment
Dawson Geophysical reported Q2 2025 fee revenues of $8.7 million, up 5% from $8.3 million last year, with gross margin jumping to 13% from 1% on better efficiencies; yet net loss narrowed to $2.3 million from $3.5 million. The company committed $24.2 million for new single-node channels from Geospace Technologies, financed mostly via 8.75% notes over 36 months, to boost survey capabilities and backlog. Deployment starts August 2025. This positions Dawson for higher utilization amid rising demand.
8-K
Dawson buys $24M seismic nodes
Dawson Geophysical's subsidiary inked a $24.2 million deal on August 8, 2025, to buy Pioneer single-point seismic nodes from Geospace Technologies, with deliveries kicking off in August 2025 and wrapping by early January 2026. The purchase—$4.8 million cash upfront, $1.2 million on final delivery, and $18.2 million via 8.75% interest notes over 36 months—bolsters Dawson's channel count for high-resolution surveys. This investment sharpens operational efficiencies with lighter gear. Yet risks loom if deliveries falter.
IPO
Website
Employees
Sector
Industry
AESI
Atlas Energy Solutions Inc.
9.75-0.29
DTI
Drilling Tools International Co
2.67-0.13
DVN
Devon Energy Corporation
35.09-1.08
EPSN
Epsilon Energy Ltd.
4.79-0.09
GBNXF
Gibson Energy, Inc.
18.44-0.30
GEOS
Geospace Technologies Corporati
15.41+1.03
NGS
Natural Gas Services Group, Inc
32.48-0.86
PDS
Precision Drilling Corporation
67.15-1.16
PUMP
ProPetro Holding Corp.
9.52-0.67
WES
Western Midstream Partners, LP
38.80-0.72