Geospace Technologies Corp Stock Price, News & Analysis

Geospace Technologies (NASDAQ: GEOS) reported Q4 revenue $30.7M vs $35.4M year-ago and Q4 net loss $9.1M or $(0.71) per diluted share vs $(1.00) a year ago.

For fiscal 2025 the company reported revenue $110.8M vs $135.6M prior year and net loss $9.7M or $(0.76) per diluted share vs $(0.50) prior year. Cash used in operations was $22.2M; cash on hand $26.3M and borrowing availability $8.0M. Key segment notes: Smart Water FY revenue +10% to $35.8M; Energy Solutions FY revenue -35% to $50.7M; Intelligent Industrial Q4 revenue +9% to $6.4M. Company completed an $1.8M acquisition of Heartbeat Detector and was awarded an 18-month PRM contract with Petrobras.

Geospace Technologies (NASDAQ: GEOS) will release fourth quarter 2025 and fiscal year 2025 financial results on Thursday, November 20, 2025 after market close. The company will host a conference call to discuss results on Friday, November 21, 2025 at 10:00 a.m. ET (9:00 a.m. CT).

U.S. participants can join the live call at 800-267-6313; international participants can dial 203-518-9783. Use conference ID GEOSQ425. A replay will be available for approximately 60 days via the Investor Relations page on Geospace.com.

Geospace Technologies (NASDAQ: GEOS) has secured a significant $24 million contract with Dawson Geophysical Company for the sale of Pioneer™, its ultralight seismic land node system. This marks the first major sale of the Pioneer™ technology, with deliveries scheduled to begin in Q3 2025.

The Pioneer™ system, weighing less than 0.5kg, is designed for autonomous land wireless seismic data acquisition, featuring up to 50 days of continuous recording and QuickDeploy functionality. The USA-manufactured device includes a proprietary 5Hz geophone for enhanced image quality, offering operational efficiency through reduced power consumption and lighter weight without compromising data quality.

Geospace Technologies (NASDAQ: GEOS) reported its Q3 2025 financial results, achieving profitability with net income of $0.8 million ($0.06 per share) compared to a loss of $2.1 million in Q3 2024. Revenue was $24.8 million, slightly down from $25.8 million year-over-year.

The company made significant strategic moves, including winning a major contract for their OptoSeis® PRM system, the first sale of their new Pioneer™ ultralight land node, and acquiring Heartbeat Detector® technology. The Smart Water segment showed strong performance with $10.5 million in Q3 revenue, up 6.1% year-over-year. The company maintains a strong balance sheet with $25.6 million in cash and short-term investments and an unused $15.0 million credit facility.

Geospace Technologies (NASDAQ: GEOS) has acquired Heartbeat Detector®, a security technology developed by Oak Ridge National Laboratory (ORNL), from GeoVox Security. The acquisition was completed on July 31, 2025.

The Heartbeat Detector® is a portable device that uses proprietary sensors and algorithms to detect hidden individuals in vehicles through heartbeat detection, with a 99% effectiveness rate and results in just 10 seconds. The technology is currently deployed in over 12 countries for human trafficking prevention and prison security.

The addressable market includes 10,000 global prison facilities, over 300 U.S. border checkpoints, and more than 600 European border crossings. Geospace plans to offer the technology through a subscription-based model to generate recurring revenue.

Geospace Technologies (NASDAQ: GEOS) has scheduled its third quarter and nine-month 2025 financial results announcement for Thursday, August 7, 2025 after market close. The company will host a conference call to discuss the results on Friday, August 8, 2025 at 10:00 a.m. Eastern Time (9:00 a.m. Central).

U.S. participants can join via toll-free number 800-274-8461, while international participants can dial 203-518-9814. The conference ID is GEOSQ325. A replay will be available for approximately 60 days through the Investor Relations page on Geospace.com.

Geospace Technologies (NASDAQ: GEOS) has secured a significant Permanent Reservoir Monitoring (PRM) contract from Petrobras for Mero Fields 3 and 4 in Brazil. The multi-year contract, starting June 2025, involves supplying and installing nearly 500km of OptoSeis® PRM system across 140 sq km of seabed in the Santos Basin. The project, located 180km off Rio de Janeiro's coast, will be executed in partnership with Blue Marine Telecom. The OptoSeis® system, acquired from PGS in 2018, features advanced multicomponent sensors with high dynamic range, wide bandwidth, and superior data quality for optimizing oil production. The technology has proven successful in the Jubarte field, where it was deployed as the world's first deepwater PRM system. The project will be operated by a consortium led by Petrobras, including Shell Brasil, TotalEnergies, CNODC, CNOOC, and Pré-Sal Petróleo S.A.

Geospace Technologies (NASDAQ: GEOS) has unveiled a new brand identity to reflect its strategic transformation and expansion beyond traditional oil and gas hardware. Under new leadership, including CEO Rich Kelley and Chairman Steve Jumper, the company has restructured into three key business segments: smart water, energy solutions, and intelligent industrial.

The company's Hydroconn® smart meter connector has achieved significant market success, with 27 million units sold domestically. Geospace aims to reach revenue exceeding $200 million in the coming years, with balanced contributions from each business segment. The rebranding includes a new business purpose statement and streamlined core values focusing on excellence, people, integrity, and creativity.

Geospace Technologies (NASDAQ: GEOS) reported Q2 2025 financial results with mixed performance across segments. Revenue declined to $18.0 million from $24.3 million year-over-year, with a net loss of ($9.8) million or ($0.77) per share. The Smart Water segment achieved record performance with revenue of $9.5 million, up 47.8% YoY, driven by Hydroconn® universal connectors. However, the Energy Solutions segment saw a 76.5% revenue decline to $2.6 million, impacted by lower marine node rental fleet utilization and a $2.2 million revenue reversal due to collectability concerns. The Intelligent Industrial segment revenue decreased 12.8% to $5.9 million. The company maintains a strong balance sheet with $19.8 million in cash and short-term investments, no debt, and $14.9 million in available credit.