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Global Geophysical Q2 Profit Up

Global Geophysical Services, Inc. (GGS) Tuesday said its second-quarter profit attributable to common shareholders increased to $2.5 million or $0.07 per share from $585 thousand or $0.02 per share in the same period last year.

On average, four analysts polled by Thomson Reuters expected the company to earn $0.13 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues totaled $97.4 million, up 14 percent from $85.3 million last year.

by RTTNews Staff Writer

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