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CGG Slips To Loss In Q2 - Quick Facts

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.

by RTTNews Staff Writer

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