NASDAQ$GEOS
Geospace Technologies Corp · Q4 2023 earnings
Q4 2023 earnings · · Investor relations
Briefing
Geospace Technologies reported profitable fourth quarter and fiscal year 2023 results.
Geospace Technologies reported a profitable fourth quarter with revenue of $29.3 million and net income of $4.4 million, or $0.33 per diluted share. The company's full fiscal year revenue reached $124.5 million, the largest since 2014, with a net income of $12.2 million.
- Geospace Technologies reported net income of $4.4 million, or $0.33 per diluted share, for the fourth quarter ended September 30, 2023.
- Revenue for the fourth quarter was $29.3 million.
- Full fiscal year 2023 revenue reached $124.5 million, the largest since 2014.
- The company closed fiscal year 2023 with an overall net income of $12.2 million.
Headline financials
Revenue & EPS history
Geospace · Revenue · Quarterly
$29.3M
Forward guidance
Geospace Technologies anticipates its strong balance sheet and technological leadership will be pivotal to its success in fiscal year 2024, and aims to continue profitability amid planned exploration activity and potential uneven quarterly revenue.
Tailwinds
- Company has plans in motion to continue profitability.
- Volume of planned exploration activity is encouraging.
- Efforts are focused on driving revenue opportunities.
- Additional areas will be assessed where costs can be reduced.
- Strong balance sheet and technological leadership will be pivotal to success in fiscal year 2024.
Headwinds
- Variability of seismic industry contracts may result in uneven quarterly revenue in the coming year.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2023
-2.3%
Avg return
Earnings day
+0.4%
Avg return
5 days after
+3.7%
Avg return
30 days after
39%
25 / 64 earnings
Positive
+18.4%
Q1 2013
Best reaction
-32.5%
Q4 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2026 | -1.5% | -6.5% | -9.3% | |
| Q1 2026 | -6.7% | -2.9% | +19.9% | |
| Q4 2025 | -32.5% | -35.6% | -11.9% | |
| Q2 2025 | -10.0% | -7.8% | -0.2% | |
| Q1 2025 | -7.6% | -9.1% | -21.0% | |
| Q4 2024 | -9.3% | -11.6% | -19.8% | |
| Q3 2024 | +2.6% | +11.8% | +19.1% | |
| Q2 2024 | -21.5% | -24.0% | -24.1% | |
| Q1 2024 | -8.1% | -21.0% | -22.0% | |
| Q4 2023 | +0.0% | +2.2% | +0.3% | |
| Q3 2023 | +14.0% | +20.9% | +61.4% | |
| Q2 2023 | +2.8% | +16.6% | +10.2% | |
| Q1 2023 | +7.2% | +12.9% | +41.0% | |
| Q4 2022 | -1.7% | -3.4% | -13.8% | |
| Q3 2022 | -5.2% | -3.0% | +2.4% | |
| Q2 2022 | -2.2% | -10.1% | +18.7% | |
| Q4 2021 | -1.9% | -1.9% | -18.1% | |
| Q3 2021 | +11.7% | +23.1% | +14.4% | |
| Q2 2021 | +0.9% | +2.5% | +17.9% | |
| Q1 2021 | +1.8% | +3.1% | +23.2% | |
| Q4 2020 | +12.1% | +19.1% | +67.6% | |
| Q3 2020 | -2.2% | -4.9% | -19.3% | |
| Q2 2020 | +9.1% | +13.3% | +54.7% | |
| Q1 2020 | -4.9% | -0.7% | -24.0% | |
| Q4 2019 | -3.3% | -0.2% | +15.3% | |
| Q3 2019 | -2.7% | +2.0% | -5.2% | |
| Q2 2019 | +15.0% | +19.2% | -6.2% | |
| Q1 2019 | -3.6% | -3.3% | +2.2% | |
| Q4 2018 | +12.5% | +17.9% | +5.9% | |
| Q3 2018 | -3.8% | -9.2% | +0.5% | |
| Q2 2018 | +7.3% | +6.1% | +7.0% | |
| Q1 2018 | -5.7% | -7.4% | -18.1% | |
| Q4 2017 | +3.1% | -2.9% | -18.4% | |
| Q3 2017 | +5.9% | +3.2% | +1.1% | |
| Q2 2017 | +1.6% | +6.2% | +1.9% | |
| Q1 2017 | -10.3% | -6.5% | -33.1% | |
| Q4 2016 | -9.8% | -2.8% | +3.9% | |
| Q3 2016 | +8.4% | +8.5% | +14.8% | |
| Q2 2016 | +4.6% | — | — | |
| Q1 2016 | +8.3% | — | — | |
| Q4 2015 | -26.2% | — | — | |
| Q3 2015 | +1.0% | — | — | |
| Q2 2015 | -9.6% | — | — | |
| Q1 2015 | -20.1% | — | — | |
| Q4 2014 | -4.8% | — | — | |
| Q3 2014 | +1.0% | — | — | |
| Q2 2014 | -16.3% | — | — | |
| Q1 2014 | -11.4% | — | — | |
| Q4 2013 | -5.0% | — | — | |
| Q3 2013 | -1.4% | — | — | |
| Q2 2013 | +15.4% | — | — | |
| Q1 2013 | +18.4% | — | — | |
| Q4 2012 | -3.8% | — | — | |
| Q3 2012 | -2.0% | — | — | |
| Q2 2012 | -8.7% | — | — | |
| Q1 2012 | +13.6% | — | — | |
| Q1 2011 | +13.6% | — | — | |
| Q2 2011 | -8.8% | — | — | |
| Q4 2009 | -8.8% | — | — | |
| Q4 2011 | -8.8% | — | — | |
| Q3 2010 | -20.2% | — | — | |
| Q3 2011 | -20.2% | — | — | |
| Q4 2010 | -20.2% | — | — | |
| Q2 2010 | +11.1% | — | — |
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