View Future GrowthThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsION Geophysical 과거 순이익 실적과거 기준 점검 0/6ION Geophysical은 연평균 3.6%의 비율로 수입이 증가해 온 반면, Energy Services 산업은 연평균 44.6%의 비율로 증가했습니다. 매출은 연평균 10.9%의 비율로 감소했습니다.핵심 정보3.55%순이익 성장률12.16%주당순이익(EPS) 성장률Energy Services 산업 성장률23.71%매출 성장률-10.92%자기자본이익률n/a순이익률-42.05%최근 순이익 업데이트30 Sep 2021최근 과거 실적 업데이트Reported Earnings • Nov 05Third quarter 2021 earnings released: US$0.016 loss per share (vs US$1.16 loss in 3Q 2020)The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: US$44.4m (up 173% from 3Q 2020). Net loss: US$453.0k (loss narrowed 97% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 42% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 12Second quarter 2021 earnings released: US$0.90 loss per share (vs US$0.37 loss in 2Q 2020)The company reported a poor second quarter result with increased losses, weaker revenues and weaker control over costs. Second quarter 2021 results: Revenue: US$19.7m (down 13% from 2Q 2020). Net loss: US$23.6m (loss widened 352% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 58% per year, which means it is significantly lagging earnings.Reported Earnings • May 07First quarter 2021 earnings released: US$0.46 loss per share (vs US$0.16 loss in 1Q 2020)The company reported a poor first quarter result with increased losses, weaker revenues and weaker control over costs. First quarter 2021 results: Revenue: US$14.0m (down 75% from 1Q 2020). Net loss: US$7.16m (loss widened 217% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 57% per year, which means it is significantly lagging earnings.Reported Earnings • Feb 13Full year 2020 earnings released: US$2.61 loss per share (vs US$3.41 loss in FY 2019)The company reported a soft full year result with weaker revenues and control over costs, although losses reduced. Full year 2020 results: Revenue: US$122.7m (down 30% from FY 2019). Net loss: US$37.2m (loss narrowed 23% from FY 2019). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 47% per year, which means it is significantly lagging earnings.Reported Earnings • Nov 07Third quarter 2020 earnings released: US$1.16 loss per shareThe company reported a poor third quarter result with increased losses and weaker revenues and control over expenses. Third quarter 2020 results: Revenue: US$16.2m (down 70% from 3Q 2019). Net loss: US$16.6m (loss widened 346% from 3Q 2019). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 53% per year, which means it is significantly lagging earnings.모든 업데이트 보기Recent updatesSeeking Alpha • Apr 18ION Geophysical Corporation Files For Bankruptcy Protection - SellCompany files for bankruptcy protection to restructure almost $150 million in debt after a multi-month review of strategic alternatives failed to yield tangible results. Under the terms of the restructuring support agreement, holders of the company's new second lien notes due 2025 will own 99.75% of the new equity. Current equityholders will be allocated a measly 0.25% of the restructured company, still subject to dilution by the management incentive plan. Downside in the common shares calculates to 98%. Unfortunately, sky-high borrowing rates, elevated margin requirements and some uncertainties related to the ongoing marketing process are likely to keep investors sidelined. Existing equityholders should sell their positions and move on ahead of the shares' expected delisting from the NYSE next week.Seeking Alpha • Jan 28ION Geophysical Corporation: Stock Craters After Reports Of Upcoming Chapter 11 FilingStock takes a beating after reports of the company looking to sell itself in a court-supervised auction emerged. Last month, the company missed an aggregate $12.3 million in bond principal and interest payments. The company has entered into forbearance agreements with lenders which are scheduled to expire on February 15. A sale of the business under chapter 11 is unlikely to generate sufficient proceeds to repay creditors, which would result in equityholders being wiped out. Investors should consider selling existing positions and moving on. Even after Thursday's sell-off, a short position could still yield decent gains.Seeking Alpha • Dec 20ION Geophysical Corporation: Pre-Packaged Bankruptcy Likely After Missed Debt PaymentsION suffers from ongoing weak seismic data customer demand in its core offshore oil and gas segment. Last week, the company missed an aggregate $12.3 million in bond principal and interest payments ahead of a likely comprehensive debt restructuring. Language used in the recent 8-K hints at a pre-packaged chapter 11 filing. Should the company indeed file for bankruptcy, existing equity holders are unlikely to receive a meaningful recovery given the sheer amount of debt ranking ahead of them. Investors should consider selling existing positions and moving on. Even a short position could still yield decent gains.Reported Earnings • Nov 05Third quarter 2021 earnings released: US$0.016 loss per share (vs US$1.16 loss in 3Q 2020)The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: US$44.4m (up 173% from 3Q 2020). Net loss: US$453.0k (loss narrowed 97% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 42% per year, which means it is significantly lagging earnings.Seeking Alpha • Sep 23ION Geophysical Corporation - Review Of Strategic Alternatives Is A Cause For ConcernCompany suffers from ongoing weak seismic data customer demand in its core offshore oil and gas segment. H1 results came in well below management's expectations with a negative free cash flow of $32.7 million. With limited cash available, its credit facility effectively maxed out and the requirement to repay approximately $7.5 million in bond debt in December, ION needs to raise additional funds soon. Recently initiated review of strategic alternatives unlikely to be successful given the dismal state of the core business and the company's substantial debt obligations. A short position could yield decent results but sky-high borrowing rates are likely to keep even speculative investors sidelined at this point.Major Estimate Revision • Aug 19Consensus revenue estimates fall to US$77.8mThe consensus outlook for revenues in 2021 has deteriorated. 2021 revenue forecast decreased from US$86.7m to US$77.8m. Forecast losses increased from -US$0.86 to -US$1.93 per share. Energy Services industry in the US expected to see average net income growth of 21% next year. Consensus price target down from US$6.07 to US$4.57. Share price fell 28% to US$1.05 over the past week.Seeking Alpha • Aug 18ION Geophysical: New Opportunities Emerge Despite The Balance Sheet RisksIO has received several 3D re-imaging projects in various geographies. It is also targeting the lower emission market, including the evaluation of potential sites for carbon storage. The company's Marlin SmartPort deployments in various UK ports, North America, Latin America, and Africa have increased. Although it continues to accumulate net losses, the debt restructuring has extended the long-term debt maturity, which avoids any near-term financial risks.분석 기사 • Aug 14Analysts Have Just Cut Their ION Geophysical Corporation (NYSE:IO) Revenue Estimates By 12%Today is shaping up negative for ION Geophysical Corporation ( NYSE:IO ) shareholders, with the analysts delivering a...Reported Earnings • Aug 12Second quarter 2021 earnings released: US$0.90 loss per share (vs US$0.37 loss in 2Q 2020)The company reported a poor second quarter result with increased losses, weaker revenues and weaker control over costs. Second quarter 2021 results: Revenue: US$19.7m (down 13% from 2Q 2020). Net loss: US$23.6m (loss widened 352% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 58% per year, which means it is significantly lagging earnings.Board Change • Aug 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Director Mark Doran was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Major Estimate Revision • May 12Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 revenue forecast fell from US$121.9m to US$98.5m. EPS estimate increased from -US$2.38 to -US$0.81 per share. Energy Services industry in the US expected to see average net income decline 23% next year. Consensus price target of US$9.50 unchanged from last update. Share price fell 15% to US$1.85 over the past week.Executive Departure • May 12Independent Director has left the companyOn the 6th of May, Tina Wininger's tenure as Independent Director ended after 1.9 years in the role. We don't have any record of a personal shareholding under Tina's name. A total of 4 executives have left over the last 12 months.Executive Departure • May 12Independent Director has left the companyOn the 6th of May, David Barr's tenure as Independent Director ended after 10.4 years in the role. We don't have any record of a personal shareholding under David's name. A total of 4 executives have left over the last 12 months.Reported Earnings • May 07First quarter 2021 earnings released: US$0.46 loss per share (vs US$0.16 loss in 1Q 2020)The company reported a poor first quarter result with increased losses, weaker revenues and weaker control over costs. First quarter 2021 results: Revenue: US$14.0m (down 75% from 1Q 2020). Net loss: US$7.16m (loss widened 217% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 57% per year, which means it is significantly lagging earnings.Executive Departure • Feb 16Independent Director has left the companyOn the 8th of February, Huasheng Zheng's tenure as Independent Director ended after 2.8 years in the role. As of December 2020, Huasheng personally held only 5.94k shares (US$14k worth at the time). A total of 2 executives have left over the last 12 months.Analyst Estimate Surprise Post Earnings • Feb 13Earnings beat expectations, revenue disappointsRevenue missed analyst estimates by 0.9%. Earnings per share (EPS) exceeded analyst estimates by 17%. Over the next year, revenue is forecast to stay flat compared to a 1.2% decline forecast for the Energy Services industry in the US.Reported Earnings • Feb 13Full year 2020 earnings released: US$2.61 loss per share (vs US$3.41 loss in FY 2019)The company reported a soft full year result with weaker revenues and control over costs, although losses reduced. Full year 2020 results: Revenue: US$122.7m (down 30% from FY 2019). Net loss: US$37.2m (loss narrowed 23% from FY 2019). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 47% per year, which means it is significantly lagging earnings.Is New 90 Day High Low • Feb 10New 90-day high: US$3.44The company is up 128% from its price of US$1.51 on 11 November 2020. The American market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Energy Services industry, which is up 45% over the same period.분석 기사 • Jan 11Have Insiders Been Buying ION Geophysical Corporation (NYSE:IO) Shares?We often see insiders buying up shares in companies that perform well over the long term. The flip side of that is that...Is New 90 Day High Low • Jan 05New 90-day high: US$2.79The company is up 34% from its price of US$2.08 on 07 October 2020. The American market is up 12% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Energy Services industry, which is up 53% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is per share.Is New 90 Day High Low • Dec 04New 90-day high: US$2.34The company is up 29% from its price of US$1.82 on 04 September 2020. The American market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Energy Services industry, which is up 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is per share.Major Estimate Revision • Nov 11Analysts update estimatesThe company's losses in 2020 are expected to worsen with analysts lowering their consensus EPS forecasts from -US$1.57 to -US$2.23. Revenue estimate was approximately flat at US$133.7m. The Energy Services industry in the US is expected to see a 100% decline in net income next year. The consensus price target of US$3.17 was unchanged from the last update. Share price is down by 5.7% to US$1.50 over the past week.Analyst Estimate Surprise Post Earnings • Nov 07Earnings beat expectations, revenue disappointsRevenue missed analyst estimates by 39%. Earnings per share (EPS) exceeded analyst estimates by 125%. Over the next year, revenue is expected to shrink by 5.4% compared to a 11% decline forecast for the Energy Services industry in the US.Reported Earnings • Nov 07Third quarter 2020 earnings released: US$1.16 loss per shareThe company reported a poor third quarter result with increased losses and weaker revenues and control over expenses. Third quarter 2020 results: Revenue: US$16.2m (down 70% from 3Q 2019). Net loss: US$16.6m (loss widened 346% from 3Q 2019). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 53% per year, which means it is significantly lagging earnings.Is New 90 Day High Low • Oct 29New 90-day low: US$1.39The company is down 49% from its price of US$2.75 on 31 July 2020. The American market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Energy Services industry, which is down 21% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is per share.Price Target Changed • Oct 02Price target lowered to US$3.17Down from US$3.75, the current price target is an average from 4 analysts. The new target price is 118% above the current share price of US$1.45. As of last close, the stock is down 83% over the past year.매출 및 비용 세부 내역ION Geophysical가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이OTCPK:IOGP.Q 매출, 비용 및 순이익 (USD Millions)날짜매출순이익일반관리비연구개발비30 Sep 21105-44341330 Jun 2177-60331231 Mar 2180-42331231 Dec 20123-37391330 Sep 20138-39361430 Jun 20175-26431631 Mar 20194-29531831 Dec 19175-48601930 Sep 19207-53652030 Jun 19201-57662031 Mar 19183-74621931 Dec 18180-71571830 Sep 18163-53601830 Jun 18177-41581731 Mar 18199-25601731 Dec 17198-30621630 Sep 17175-35611530 Jun 17193-39611531 Mar 17183-53621631 Dec 16173-65611730 Sep 16215-64641930 Jun 16203-86652131 Mar 16204-5722431 Dec 15222-25822630 Sep 15281-2009432양질의 수익: IOGP.Q 은(는) 현재 수익성이 없습니다.이익 마진 증가: IOGP.Q는 현재 수익성이 없습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: IOGP.Q는 수익성이 없지만 지난 5년 동안 연평균 3.6%의 속도로 손실을 줄였습니다.성장 가속화: 현재 수익성이 없어 지난 1년간 IOGP.Q의 수익 성장률을 5년 평균과 비교할 수 없습니다.수익 대 산업: IOGP.Q은 수익성이 없어 지난 해 수익 성장률을 Energy Services 업계(-26.2%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: IOGP.Q의 부채가 자산을 초과하여 자본 수익률을 계산하기 어렵습니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YEnergy 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2022/09/13 15:19종가2022/09/12 00:00수익2021/09/30연간 수익2020/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스ION Geophysical Corporation는 15명의 분석가가 다루고 있습니다. 이 중 명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Jeffrey CampbellAlliance Global PartnersJames WestBarclaysRudolf HokansonBarrington Research Associates, Inc.12명의 분석가 더 보기
Reported Earnings • Nov 05Third quarter 2021 earnings released: US$0.016 loss per share (vs US$1.16 loss in 3Q 2020)The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: US$44.4m (up 173% from 3Q 2020). Net loss: US$453.0k (loss narrowed 97% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 42% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 12Second quarter 2021 earnings released: US$0.90 loss per share (vs US$0.37 loss in 2Q 2020)The company reported a poor second quarter result with increased losses, weaker revenues and weaker control over costs. Second quarter 2021 results: Revenue: US$19.7m (down 13% from 2Q 2020). Net loss: US$23.6m (loss widened 352% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 58% per year, which means it is significantly lagging earnings.
Reported Earnings • May 07First quarter 2021 earnings released: US$0.46 loss per share (vs US$0.16 loss in 1Q 2020)The company reported a poor first quarter result with increased losses, weaker revenues and weaker control over costs. First quarter 2021 results: Revenue: US$14.0m (down 75% from 1Q 2020). Net loss: US$7.16m (loss widened 217% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 57% per year, which means it is significantly lagging earnings.
Reported Earnings • Feb 13Full year 2020 earnings released: US$2.61 loss per share (vs US$3.41 loss in FY 2019)The company reported a soft full year result with weaker revenues and control over costs, although losses reduced. Full year 2020 results: Revenue: US$122.7m (down 30% from FY 2019). Net loss: US$37.2m (loss narrowed 23% from FY 2019). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 47% per year, which means it is significantly lagging earnings.
Reported Earnings • Nov 07Third quarter 2020 earnings released: US$1.16 loss per shareThe company reported a poor third quarter result with increased losses and weaker revenues and control over expenses. Third quarter 2020 results: Revenue: US$16.2m (down 70% from 3Q 2019). Net loss: US$16.6m (loss widened 346% from 3Q 2019). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 53% per year, which means it is significantly lagging earnings.
Seeking Alpha • Apr 18ION Geophysical Corporation Files For Bankruptcy Protection - SellCompany files for bankruptcy protection to restructure almost $150 million in debt after a multi-month review of strategic alternatives failed to yield tangible results. Under the terms of the restructuring support agreement, holders of the company's new second lien notes due 2025 will own 99.75% of the new equity. Current equityholders will be allocated a measly 0.25% of the restructured company, still subject to dilution by the management incentive plan. Downside in the common shares calculates to 98%. Unfortunately, sky-high borrowing rates, elevated margin requirements and some uncertainties related to the ongoing marketing process are likely to keep investors sidelined. Existing equityholders should sell their positions and move on ahead of the shares' expected delisting from the NYSE next week.
Seeking Alpha • Jan 28ION Geophysical Corporation: Stock Craters After Reports Of Upcoming Chapter 11 FilingStock takes a beating after reports of the company looking to sell itself in a court-supervised auction emerged. Last month, the company missed an aggregate $12.3 million in bond principal and interest payments. The company has entered into forbearance agreements with lenders which are scheduled to expire on February 15. A sale of the business under chapter 11 is unlikely to generate sufficient proceeds to repay creditors, which would result in equityholders being wiped out. Investors should consider selling existing positions and moving on. Even after Thursday's sell-off, a short position could still yield decent gains.
Seeking Alpha • Dec 20ION Geophysical Corporation: Pre-Packaged Bankruptcy Likely After Missed Debt PaymentsION suffers from ongoing weak seismic data customer demand in its core offshore oil and gas segment. Last week, the company missed an aggregate $12.3 million in bond principal and interest payments ahead of a likely comprehensive debt restructuring. Language used in the recent 8-K hints at a pre-packaged chapter 11 filing. Should the company indeed file for bankruptcy, existing equity holders are unlikely to receive a meaningful recovery given the sheer amount of debt ranking ahead of them. Investors should consider selling existing positions and moving on. Even a short position could still yield decent gains.
Reported Earnings • Nov 05Third quarter 2021 earnings released: US$0.016 loss per share (vs US$1.16 loss in 3Q 2020)The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: US$44.4m (up 173% from 3Q 2020). Net loss: US$453.0k (loss narrowed 97% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 42% per year, which means it is significantly lagging earnings.
Seeking Alpha • Sep 23ION Geophysical Corporation - Review Of Strategic Alternatives Is A Cause For ConcernCompany suffers from ongoing weak seismic data customer demand in its core offshore oil and gas segment. H1 results came in well below management's expectations with a negative free cash flow of $32.7 million. With limited cash available, its credit facility effectively maxed out and the requirement to repay approximately $7.5 million in bond debt in December, ION needs to raise additional funds soon. Recently initiated review of strategic alternatives unlikely to be successful given the dismal state of the core business and the company's substantial debt obligations. A short position could yield decent results but sky-high borrowing rates are likely to keep even speculative investors sidelined at this point.
Major Estimate Revision • Aug 19Consensus revenue estimates fall to US$77.8mThe consensus outlook for revenues in 2021 has deteriorated. 2021 revenue forecast decreased from US$86.7m to US$77.8m. Forecast losses increased from -US$0.86 to -US$1.93 per share. Energy Services industry in the US expected to see average net income growth of 21% next year. Consensus price target down from US$6.07 to US$4.57. Share price fell 28% to US$1.05 over the past week.
Seeking Alpha • Aug 18ION Geophysical: New Opportunities Emerge Despite The Balance Sheet RisksIO has received several 3D re-imaging projects in various geographies. It is also targeting the lower emission market, including the evaluation of potential sites for carbon storage. The company's Marlin SmartPort deployments in various UK ports, North America, Latin America, and Africa have increased. Although it continues to accumulate net losses, the debt restructuring has extended the long-term debt maturity, which avoids any near-term financial risks.
분석 기사 • Aug 14Analysts Have Just Cut Their ION Geophysical Corporation (NYSE:IO) Revenue Estimates By 12%Today is shaping up negative for ION Geophysical Corporation ( NYSE:IO ) shareholders, with the analysts delivering a...
Reported Earnings • Aug 12Second quarter 2021 earnings released: US$0.90 loss per share (vs US$0.37 loss in 2Q 2020)The company reported a poor second quarter result with increased losses, weaker revenues and weaker control over costs. Second quarter 2021 results: Revenue: US$19.7m (down 13% from 2Q 2020). Net loss: US$23.6m (loss widened 352% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 58% per year, which means it is significantly lagging earnings.
Board Change • Aug 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Director Mark Doran was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Major Estimate Revision • May 12Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 revenue forecast fell from US$121.9m to US$98.5m. EPS estimate increased from -US$2.38 to -US$0.81 per share. Energy Services industry in the US expected to see average net income decline 23% next year. Consensus price target of US$9.50 unchanged from last update. Share price fell 15% to US$1.85 over the past week.
Executive Departure • May 12Independent Director has left the companyOn the 6th of May, Tina Wininger's tenure as Independent Director ended after 1.9 years in the role. We don't have any record of a personal shareholding under Tina's name. A total of 4 executives have left over the last 12 months.
Executive Departure • May 12Independent Director has left the companyOn the 6th of May, David Barr's tenure as Independent Director ended after 10.4 years in the role. We don't have any record of a personal shareholding under David's name. A total of 4 executives have left over the last 12 months.
Reported Earnings • May 07First quarter 2021 earnings released: US$0.46 loss per share (vs US$0.16 loss in 1Q 2020)The company reported a poor first quarter result with increased losses, weaker revenues and weaker control over costs. First quarter 2021 results: Revenue: US$14.0m (down 75% from 1Q 2020). Net loss: US$7.16m (loss widened 217% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 57% per year, which means it is significantly lagging earnings.
Executive Departure • Feb 16Independent Director has left the companyOn the 8th of February, Huasheng Zheng's tenure as Independent Director ended after 2.8 years in the role. As of December 2020, Huasheng personally held only 5.94k shares (US$14k worth at the time). A total of 2 executives have left over the last 12 months.
Analyst Estimate Surprise Post Earnings • Feb 13Earnings beat expectations, revenue disappointsRevenue missed analyst estimates by 0.9%. Earnings per share (EPS) exceeded analyst estimates by 17%. Over the next year, revenue is forecast to stay flat compared to a 1.2% decline forecast for the Energy Services industry in the US.
Reported Earnings • Feb 13Full year 2020 earnings released: US$2.61 loss per share (vs US$3.41 loss in FY 2019)The company reported a soft full year result with weaker revenues and control over costs, although losses reduced. Full year 2020 results: Revenue: US$122.7m (down 30% from FY 2019). Net loss: US$37.2m (loss narrowed 23% from FY 2019). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 47% per year, which means it is significantly lagging earnings.
Is New 90 Day High Low • Feb 10New 90-day high: US$3.44The company is up 128% from its price of US$1.51 on 11 November 2020. The American market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Energy Services industry, which is up 45% over the same period.
분석 기사 • Jan 11Have Insiders Been Buying ION Geophysical Corporation (NYSE:IO) Shares?We often see insiders buying up shares in companies that perform well over the long term. The flip side of that is that...
Is New 90 Day High Low • Jan 05New 90-day high: US$2.79The company is up 34% from its price of US$2.08 on 07 October 2020. The American market is up 12% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Energy Services industry, which is up 53% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is per share.
Is New 90 Day High Low • Dec 04New 90-day high: US$2.34The company is up 29% from its price of US$1.82 on 04 September 2020. The American market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Energy Services industry, which is up 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is per share.
Major Estimate Revision • Nov 11Analysts update estimatesThe company's losses in 2020 are expected to worsen with analysts lowering their consensus EPS forecasts from -US$1.57 to -US$2.23. Revenue estimate was approximately flat at US$133.7m. The Energy Services industry in the US is expected to see a 100% decline in net income next year. The consensus price target of US$3.17 was unchanged from the last update. Share price is down by 5.7% to US$1.50 over the past week.
Analyst Estimate Surprise Post Earnings • Nov 07Earnings beat expectations, revenue disappointsRevenue missed analyst estimates by 39%. Earnings per share (EPS) exceeded analyst estimates by 125%. Over the next year, revenue is expected to shrink by 5.4% compared to a 11% decline forecast for the Energy Services industry in the US.
Reported Earnings • Nov 07Third quarter 2020 earnings released: US$1.16 loss per shareThe company reported a poor third quarter result with increased losses and weaker revenues and control over expenses. Third quarter 2020 results: Revenue: US$16.2m (down 70% from 3Q 2019). Net loss: US$16.6m (loss widened 346% from 3Q 2019). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 53% per year, which means it is significantly lagging earnings.
Is New 90 Day High Low • Oct 29New 90-day low: US$1.39The company is down 49% from its price of US$2.75 on 31 July 2020. The American market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Energy Services industry, which is down 21% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is per share.
Price Target Changed • Oct 02Price target lowered to US$3.17Down from US$3.75, the current price target is an average from 4 analysts. The new target price is 118% above the current share price of US$1.45. As of last close, the stock is down 83% over the past year.