Core Viewpoint - Geospace Technologies Corporation (NASDAQ:GEOS) experienced a significant decline in share price and financial performance, primarily due to reduced revenue across its major segments, particularly in Energy Solutions [1][3][4]. Financial Performance - For Q1 2026, Geospace reported a net loss of $9.8 million, translating to a loss of $0.76 per diluted share, a stark contrast to a net income of $8.4 million or $0.65 per diluted share in the same period last year [3]. - Revenue for the quarter fell by 31% year-over-year to $25.6 million [3]. Segment Performance - The decline in revenue was largely driven by a 40% drop in the Energy Solutions segment, attributed to lower utilization of the OBX rental fleet [4]. - Other segments, including Smart Water and Intelligent Industrial, also saw revenue declines of 21% and 8%, respectively, compared to the previous year [4]. Market Reaction - Following the release of its Q1 2026 results on February 4, the share price of Geospace Technologies fell by 44.57% between February 3 and February 10, 2026, marking it as one of the Energy Stocks that lost the most during that week [1][7].