Earnings Call Summary | Geospace Technologies(GEOS.US) Q2 2024 Earnings Conference
Earnings Call Summary | Geospace Technologies(GEOS.US) Q2 2024 Earnings Conference
The following is a summary of the Geospace Technologies Corporation (GEOS) Q2 2024 Earnings Call Transcript:
以下是地理空間技術公司（GEOS）2024年第二季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Geospace Technologies reported a net income of $8.4 million in the first half of 2024, but posted a Q2 net loss of $4.3 million due to low utilization of their OBX and Mariner ocean-bottom nodes.
The company's Q2 2024 revenue was $24.3 million, a decrease from Q2 of the previous year's revenue of $31.4 million.
Despite the challenges faced, the company remains debt-free with over $51 million in cash and short-term investments.
Geospace Technologies報告稱，2024年上半年的淨收入爲840萬美元，但由於其OBX和水手海底節點的利用率低，第二季度淨虧損430萬美元。
該公司2024年第二季度的收入爲2430萬美元，低於去年第二季度的3140萬美元收入。
儘管面臨挑戰，但該公司仍然沒有債務，擁有超過5100萬美元的現金和短期投資。
Business Progress:
業務進展：
Geospace anticipates an improved performance of its oil and gas market segment due to expected better utilization of ocean-bottom nodes in the second half of 2024.
The adjacent markets segment and the emerging markets segment performed well in Q2, contributing significantly to overall revenue.
The company plans on investing in expanding capacity to meet demand, with planned investments in its rental fleet and plant/equipment.
The company also has multiple discussions underway for utilizing its Quantum array monitoring system and other analytics in various projects.
Geospace預計，由於預計2024年下半年海底節點的利用率有所提高，其石油和天然氣細分市場的表現將有所改善。
鄰近市場板塊和新興市場板塊在第二季度表現良好，爲總收入做出了重大貢獻。
該公司計劃投資擴大產能以滿足需求，並計劃投資其租賃車隊和廠房/設備。
該公司還在多次討論如何在各種項目中使用其量子陣列監控系統和其他分析。
More details: Geospace Technologies IR
更多詳情： 地理空間技術 IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
譯文內容由第三人軟體翻譯。