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Geospace Technologies Earnings Show No Signs of Recovering Soon

TheMotleyFool

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Geospace Technologies Earnings Show No Signs of Recovering Soon

Reading Geospace Technologies' (NASDAQ: GEOS) earnings reports over the past couple of years have been like watching a bear in hibernation. Exploration activity hasn't been in high demand -- or any demand for that matter -- and Geospace's revenue barely registers. With some major oil and gas producers announcing they would start to spend more on exploration and development, we might expect to see Geospace stir from its slumber. That wasn't the case in the most recent quarter, though. Here's a look at the company's latest earnings release

Image source: Getty Images.

Source: Geospace Technologies earnings release.

Source: Fool.com