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GEOS (Geospace Technologies) Net Income : $-10.9 Mil (TTM As of Dec. 2024)


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What is Geospace Technologies Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Geospace Technologies's Net Income for the three months ended in Dec. 2024 was $8.4 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2024 was $-10.9 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Geospace Technologies's Earnings per Share (Diluted) for the three months ended in Dec. 2024 was $0.65.


Geospace Technologies Net Income Historical Data

The historical data trend for Geospace Technologies's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Geospace Technologies Net Income Chart

Geospace Technologies Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -19.24 -14.06 -22.86 12.21 -6.58

Geospace Technologies Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.68 -4.33 -2.07 -12.86 8.38

Geospace Technologies Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Geospace Technologies's Net Income for the fiscal year that ended in Sep. 2024 is calculated as

Net Income(A: Sep. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-6.464+-0.114+0+0
=-6.6

Geospace Technologies's Net Income for the quarter that ended in Dec. 2024 is calculated as

Net Income(Q: Dec. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=8.489+-0.113+0+-1.7763568394003E-15
=8.4

Net Income for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-10.9 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Geospace Technologies  (NAS:GEOS) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Geospace Technologies's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Geospace Technologies Net Income Related Terms

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Geospace Technologies Business Description

Traded in Other Exchanges
N/A
Address
7007 Pinemont Drive, Houston, TX, USA, 77040-6601
Geospace Technologies Corp is engaged in designing and manufacturing seismic instruments and non-seismic equipment used in the oil and gas industry. The company has three different segments: oil and gas markets, adjacent markets, and emerging markets. The oil and gas markets segment, which accounts for the majority of the company's revenue, includes traditional exploration products, wireless exploration products, and reservoir characterization products and services. The adjacent markets business is closely tied to the oil and gas markets and includes imaging products and industrial products. The company operates globally across Asia, Canada, Europe, the United States, South America, Mexico, and other regions with a majority of its revenue being generated within the United States.
Executives
Richard F Miles director 7007 PINEMONT DRIVE, HOUSTON TX 77040
Robbin B. Adams officer: Executive Vice President 7007 PINEMONT DRIVE, HOUSTON TX 77040
Gary D Owens director, officer: President & CEO 7007 PINEMONT DRIVE, HOUSTON TX 77040
Walter R. Wheeler officer: Executive Vice President 7007 PINEMONT DRIVE, HOUSTON TX 77040
Margaret Ashworth director 6212 PARKHILL DRIVE, ALEXANDRIA VA 22312
Kenneth Asbury director 1100 N. GLEBE ROAD, ARLINGTON VA 22201
Tina M Langtry director 3211 CANYON LINKS DRIVE, KATY TX 77450
Thomas L Davis director COLORADO SCHOOL OF MINES-DEPT. OF GEOPHY, 1500 ILLINOISE STREET, GOLDEN CO 80401-1887
William H Moody director 2309 BIRKDALE LANE, KERRVILLE TX 78028
Robert L. Curda officer: Chief Financial Officer 7007 PINEMONT, HOUSTON TX 77040
Giesinger Edgar R. Jr. director 1915 SANDGATE FALLS, HOUSTON TX 77062
Lacey Rice officer: Vice President 2527 BUFFALO TRAIL, SUGAR LAND TX 77479
Thomas T Mcentire officer: Chief Financial Officer 7334 N GESSNER ROAD, HOUSTON TX 77040
Michael J Sheen director, officer: SVP & Chief Technical Officer 7007 PINEMONT DRIVE, HOUSTON TX 77040
Takashi Kanemori director, 10 percent owner OYO CORPORATION, 2-6 KUDAN-KITA 4-CHOME, CHIYODA-KU, TOKYO M0 102-0073