Dawson Geophysical Q2 EPS $(0.12) Up From $(0.18) YoY, Sales $12.51M Down From $20.22M YoY
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Dawson Geophysical (NASDAQ:DWSN) reported Q2 EPS of $(0.12), an improvement from $(0.18) YoY, but sales decreased to $12.51M from $20.22M YoY.
August 12, 2024 | 8:34 pm
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Dawson Geophysical reported a Q2 EPS of $(0.12), an improvement from $(0.18) YoY. However, sales decreased significantly to $12.51M from $20.22M YoY.
While the EPS loss has narrowed, the significant drop in sales is a negative indicator for the company's short-term performance. Investors may react negatively to the substantial revenue decline.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100