This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Global Geophysical Reports Adjusted EPS Of $0.05

Stocks in this article: GGS

"In summary, our priorities remain unchanged: grow our backlog while transitioning the revenue mix, generate Free Cash Flow and reduce our debt. Our company remains well positioned to offer market leading services to our customers in support of these objectives," concluded White.

First Quarter Results

The following table sets forth our consolidated revenues for the three months ended March 31, 2013 and for the corresponding period of 2012 (amounts in millions):

  Three Month Period Ended
  March 31,
Revenues by Service (unaudited)
  2013 2012
  Amount % Amount %
Proprietary Services $ 27.4 33% $ 64.8 67%
Multi-client Services 56.0 67% 31.3 33%
Total $ 83.4 100% $ 96.1 100%
         
  Three Month Period Ended
  March 31,
Revenues by Area (unaudited)
  2013 2012
  Amount % Amount %
United States $ 67.2 81% $ 49.8 52%
International 16.2 19% 46.3 48%
Total  $ 83.4 100% $ 96.1 100%

We recorded revenues of $83.4 million for the three months ended March 31, 2013 compared to $96.1 million for the same period ended in 2012, a decrease of $12.7 million, or 13%.

3 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,325.82 -91.03 -0.52%
S&P 500 2,015.81 -5.44 -0.27%
NASDAQ 4,690.7210 +7.3140 0.16%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs