In the fourth week of June 2025, an otherwise quiet corner of the NASDAQ witnessed a dramatic surge. Geospace Technologies NASDAQ: GEOS, a stock largely unknown to the general public, has seen a healthy uptick, climbing over 50% in just a handful of trading sessions and exceeding a 200% gain within the last month. Daily trading volume, which typically hovers below 100,000 shares, has exploded to more than 1.6 million. Geospace Technologies Today GEOS Geospace Technologies $17.81 -0.59 (-3.18%) 52-Week Range ...

Shares of Geospace Technologies Corporation (GEOS) have lost 5.2% since the company reported its earnings for the quarter ended March 31, 2025. This compares unfavorably to the S&P 500 Index’s 4.6% gain over the same time frame. Over the past month, however, GEOS shares have gained 1.3%, though they continue to lag the broader market, as the S&P 500 has advanced 8.8% during the same period.Earnings Snapshot and Segmental OverviewFor the second quarter of fiscal 2025, Geospace reported revenues of $18 millio ...

Revenue Performance - Smart Water segment product revenue increased to $9,472,000 for the three months ended March 31, 2025, compared to $6,411,000 for the same period in 2024, representing a growth of 47.5%[101] - Energy Solutions segment total revenue decreased to $2,588,000 for the three months ended March 31, 2025, down from $11,035,000 in the same period in 2024, a decline of 76.6%[101] - Intelligent Industrial segment product revenue was $5,837,000 for the three months ended March 31, 2025, compared to $6,706,000 for the same period in 2024, a decrease of 12.9%[101] - Consolidated total revenue for the three months ended March 31, 2025, was $18,023,000, down from $24,270,000 in the same period in 2024, a decline of 25.7%[101] - Revenue from the Smart Water segment for the three months ended March 31, 2025, increased $3.1 million, or 47.7%, driven by increased demand for Hydroconn® cable and connector products[109] - Revenue from the Energy Solutions segment for the three months ended March 31, 2025, decreased $8.4 million, or 76.5%, compared to the prior year[111] Operating Performance - Consolidated gross profit for the three months ended March 31, 2025, was $1.7 million, a decrease of $4.1 million, or 70.3%, driven by lower wireless product revenue and rental revenue[106] - Consolidated operating expenses for the three months ended March 31, 2025, were $12.0 million, an increase of $1.6 million, or 15.8%, primarily due to higher personnel costs and increased research and development expenditures[107] - Operating loss from the Energy Solutions segment for the three months ended March 31, 2025, was $(6.7) million, compared to $(1.9) million for the prior year[112] Cash Flow and Financial Position - Cash and cash equivalents at March 31, 2025, were $19.8 million, with $13.4 million used in operating activities during the six months ended March 31, 2025[116] - The company generated $15.5 million in cash from investing activities for the six months ended March 31, 2025, primarily from the sale of short-term investments[117] - The company had no outstanding borrowings under its credit agreement as of March 31, 2025, with a borrowing base availability of $14.9 million[120] - The company expects fiscal year 2025 cash investments in property, plant, and equipment to be approximately $7 million[117] Strategic Insights - The company anticipates continued growth in the Smart Water segment driven by the Aquana smart water valve and IoT technology products[102] - The Energy Solutions segment is expected to provide a significant portion of revenue for years to come, but in diminishing proportion to other segments[103] - The company maintains a strong balance sheet with no debt, enabling it to seek business acquisitions and invest in capital assets and product R&D[104] - The company has not received any orders for a large-scale seabed PRM system since 2012, indicating potential challenges in this area[91] - The company’s diversification strategy has led to non-energy related products contributing nearly half of total revenue[82] Reporting Classification - The company is classified as a smaller reporting company and is not required to provide market risk disclosures as per Rule 12b-2 of the Exchange Act[127]

Geospace (GEOS) Q2 2025 Earnings Call May 09, 2025 10:00 AM ET Company Participants Richard Kelley - President & CEORobert Curda - EVP & CFOBill Dezellem - Founder, President & Chief Investment OfficerSheldon Grodsky - PresidentScott Bundy - Senior Vice President Investments Operator Welcome to the Geospace Technologies Second Quarter twenty twenty five Earnings Conference Call. Hosting the call today from Geospace is Mr. Rich Kelly, President and Chief Executive Officer. He is joined by Robert Curda, the c ...

Financial Data and Key Metrics Changes - For Q2 2025, the company reported revenue of $18 million, down from $24.3 million in the same period last year, representing a decrease of 26% [11] - The net loss for Q2 2025 was $9.8 million, or $0.77 per diluted share, compared to a net loss of $4.3 million, or $0.32 per diluted share, in the prior year [11] - For the first half of fiscal year 2025, revenue was $55.2 million, down from $74.3 million in the same period last year, marking a decrease of 26% [11] Business Line Data and Key Metrics Changes - The Smart Water segment generated revenue of $9.5 million for Q2 2025, an increase of 48% from $6.4 million in the same period last year [11] - The Energy Solutions segment saw a significant decline, with Q2 revenue of $2.6 million, down 77% from $11 million in the same period last year [12] - The Intelligent Industrial segment reported revenue of $5.9 million for Q2 2025, a decrease of 13% from $6.7 million in the prior year [13] Market Data and Key Metrics Changes - The company is experiencing increased interest in its Quanta product offerings, indicating potential organic growth in this market segment [6] - The ongoing uncertainty in the Energy Solutions segment is attributed to global trade concerns, tariffs, and decreasing oil prices, which have impacted project decisions for customers [7] Company Strategy and Development Direction - The company aims to leverage its innovative IoT technologies and diversify into high-margin markets in the smart water and intelligent industrial segments [9] - The management is focused on strategic cost-cutting and optimizing the supply chain to mitigate external factors affecting the business [8] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the company's positioning in newer markets and highlighted a strong backlog going into the second half of the year [10] - The management acknowledged the volatility in the oil and gas market but remains cautiously optimistic about long-term investments from partners and customers [38] Other Important Information - The company maintains a strong balance sheet with no debt and $19.8 million in cash and short-term investments [9] - The company is pursuing growth through acquisitions and accretive additions to its top-line revenue [9] Q&A Session Summary Question: What is the target breakeven level regarding cost-cutting? - Management is focused on strategic cost-cutting and evaluating which business units to invest in going forward [20] Question: Can you elaborate on the Mariner contract and future requirements? - The Mariner contract is with a new customer in the Caspian area, anticipating increased activity and potential future business [21] Question: What are the implications of the federal government's budget for the company? - Management is bullish about opportunities in border security products and believes passing a budget could be positive for the company [23][25] Question: Will the revenue continue at the current low level? - Management expects stronger performance in Q3 and Q4 due to a solid backlog and ongoing customer engagement [37] Question: What is the status of the sale of the 17 acres? - The sale is anticipated to be completed in the current quarter [41] Question: What revenue is needed from the water business to begin making money? - The smart water division has shown operating income, and management is optimistic about continued profitability [43][45] Question: What percentage of revenue does Aquantia represent? - Aquantia continues to be a single-digit percentage of revenue, with expectations for gradual growth [46] Question: How has the Hydrocon connector business developed? - The Hydrocon connectors have seen 10% to 15% growth year-on-year, with recent quarterly growth exceeding 40% [51][53] Question: What is the market size for Aquantum smart valves compared to Hydrocon? - The total addressable market for water control valves is significant, with increasing interest in remote shutoff valves due to cost savings [60][62]

Exhibit 99.1 NEWS RELEASE FOR IMMEDIATE RELEASE GEOSPACE TECHNOLOGIES CORPORATION REPORTS SECOND QUARTER AND SIX-MONTH 2025 EARNINGS Houston, Texas – May 8, 2025 – Geospace Technologies Corporation (NASDAQ: GEOS) ("the "Company") today announced results for its second quarter ended March 31, 2025. For the three-months ended March 31, 2025, Geospace reported revenue of $18.0 million, compared to revenue of $24.3 million for the comparable year-ago quarter. Net loss for the three-months ended March 31, 2025, ...

Shares of Geospace Technologies Corporation (GEOS) have lost 7.6% since the company reported its earnings for the quarter ended Dec. 31, 2024. This compares to the S&P 500 Index’s 0.4% gain over the same period. Over the past month, the stock has lost 12.1% against the S&P 500’s 2.8% rise, reflecting investor concerns surrounding the company’s performance and broader market positioning.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Key Financial Performance MetricsFor the first quart ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the Quarterly Period Ended December 31, 2024 OR ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the transition period from ____ to ____ Commission file number 001-13601 GEOSPACE TECHNOLOGIES CORPORATION (Exact Name of Registrant as Specified in Its Charter) Texas 76-0447780 (St ...

Geospace Technologies Corporation (NASDAQ:GEOS) Q1 2025 Earnings Conference Call February 6, 2025 10:00 AM ET Company Participants Richard Kelley - President and Chief Executive Officer Robert Curda - Vice President and Chief Financial Officer Conference Call Participants Morris Schimmel - Private Investor Matthew Dhane - Tieton Capital Management John Elliott - Private Investor Operator Welcome to the Geospace Technologies First Quarter 2025 Earnings Conference Call. Hosting the call today from Geospace is ...

Geospace (GEOS) Q1 2025 Earnings Call February 06, 2025 10:00 AM ET Company Participants Richard Kelley - President & CEORobert Curda - CFOMatt Dhane - Portfolio Manager Conference Call Participants None - Analyst Operator Welcome to the Geospace Technologies First Quarter twenty twenty five Earnings Conference Call. Hosting the call today from Geospace is Mr. Rich Kelly, President and Chief Executive Officer. He is joined by Mr. Robert Curta, the Company's Chief Financial Officer. Today's call is being rec ...