France-based geoscience company CGG (CGG) Friday reported second-quarter net loss of $324.6 million or $1.85 per share, compared to a profit of $35.7 million or $0.20 per share in the prior year.
Operating income was $45 million, down from $132 million last year, amid difficult current market environment.
Operating revenue declined to $689.1 million from $1.03 billion a year ago.
For comments and feedback contact: editorial@rttnews.com
Business News
April 10, 2026 16:21 ET Inflation data from the U.S. was the main data event this week as the conflict in the Middle East continue. The minutes of the latest Fed policy session and the survey data on the services sector also made headlines. In Europe, manufacturing orders data from Germany was in focus. Price data from China drew attention in Asia.