logo
Share SHARE
FONT-SIZE Plus   Neg

Dawson Geophysical Buys GSX Multi-Channel Equipment

Dawson Geophysical Co. (DWSN) Friday announced it has placed an order with Geospace Technologies for 9,000 stations of its three-channel GSX wireless recording system.

Dawson Geophysical is a provider of onshore seismic data acquisition services.

The order includes sensors, batteries, trailers and accompanying system electronics. Delivery of the order is expected to occur in the company's first fiscal quarter of 2014 ending December 31, 2013.

Stephen Jumper, President and Chief Executive Officer said, "With the addition of these 9,000 stations of three-channel GSX and the 1,000 stations acquired in the fourth fiscal quarter of 2013, we will own 17,000 stations of multi-channel GSR/GSX wireless equipment."

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Yelp Inc. (YELP) on Monday posted a loss for the fourth quarter compared to a profit last year, as higher revenues were offset by increase in operating costs. Yelp said its Chief Financial Officer Rob Krolik was leaving the company. Yelp reported fourth-quarter loss of $22.2 million or $0.29 per share,... Twenty-First Century Fox Inc., (FOXA, FOX) on Monday reported a second-quarter profit that dropped from last year, hurt largely by lower revenues as strong cable and television advertising revenues were offset by lower filmed entertainment division. Earnings for the quarter trumped Wall Street estimates... Toy maker Hasbro Inc. (HAS) reported a profit for the fourth-quarter 2015 that grew about 3.5% from last year. Quarterly net revenues increased 13% from the prior year. Both earnings per share and revenue for the quarter beat analysts' expectations.
comments powered by Disqus
Follow RTT