Welcome to our dedicated page for Geospace Technologies news (Ticker: GEOS), a resource for investors and traders seeking the latest updates and insights on Geospace Technologies stock.
Geospace Technologies Corporation reports news on its technology and instrumentation business serving smart water, energy exploration, industrial, government and commercial customers. Recurring updates include quarterly and annual results, earnings-call schedules, customer contracts and product activity across advanced sensing, IoT and ruggedized equipment.
Company developments also cover Energy Solutions products such as Pioneer™ ultralight seismic land nodes, Smart Water systems, and Intelligent Industrial offerings that include industrial sensors, contract manufacturing, border and perimeter security solutions, Heartbeat Detector® technology and the Exile product portfolio.
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 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) has scheduled its second quarter and six-month financial results release for fiscal year 2025. The company will announce results on Thursday, May 8, 2025 after market close, followed by a conference call on Friday, May 9, 2025 at 10:00 a.m. Eastern Time (9:00 a.m. Central).
U.S. participants can join the call toll-free at 800-274-8461, while international participants can dial 203-518-9814, using conference ID: GEOSQ225. A replay will be available for approximately 60 days through the Investor Relations page on Geospace.com.
Geospace Technologies (NASDAQ: GEOS) has secured a $7.6 million contract to provide Mariner™ ocean bottom wireless nodes to Caspian Engineering Company, a Kazakhstan-based geologic-geophysical survey firm. The delivery is scheduled for the company's third fiscal quarter.
The Mariner™ system is designed for extended-duration seabed ocean bottom seismic data acquisition, operating at depths up to 750 meters with continuous recording capability for up to 70 days. The company also offers Mariner Deep™, which can function at depths exceeding 3,048 meters and record continuously for up to 200 days.
This contract represents a significant partnership, with Caspian Engineering selecting Geospace's latest slim profile seabed data acquisition node technology for their operational and seismic data quality requirements.
Geospace Technologies (NASDAQ: GEOS) reported its Q1 FY2025 results with revenue of $37.2 million, down from $50.0 million in the year-ago quarter. Net income was $8.4 million ($0.65 per diluted share), compared to $12.7 million ($0.94 per diluted share) in Q1 FY2024.
The company introduced new business segments: Smart Water revenue increased 72% to $7.3 million, Energy Solutions revenue decreased 39% to $24.3 million including a $17 million OBX marine wireless product sale, and Intelligent Industrial revenue slightly decreased 4% to $5.6 million.
As of December 31, 2024, GEOS had $22.1 million in cash and equivalents, $40.6 million in receivables, and $12 million in available credit. The company completed its $7 million stock repurchase program, purchasing approximately 716,000 shares at an average price of $9.72 per share.
Geospace Technologies (NASDAQ: GEOS) has announced its upcoming first quarter 2025 financial results release, scheduled for Wednesday, February 5, 2025, after market close. The company will host a conference call to discuss the results on Thursday, February 6, 2025, at 10:00 a.m. Eastern Time (9:00 a.m. Central).
U.S. participants can join the call toll-free at 800-274-8461, while international participants can dial 203-518-9814. Participants should reference the conference ID: GEOSQ125. A replay of the call will be available for approximately 60 days through the Investor Relations page on Geospace.com.