Dawson Geophysical Company(NASDAQ: DWSN) (the “Company”) today reported unaudited financial results for its second quarter ended June 30, 2017.
For the quarter ended June 30, 2017, the Company reported revenues of $30,469,000 as compared to $28,086,000 for the quarter ended June 30, 2016. For the second quarter of 2017, the Company reported a net loss of $14,809,000 or $0.68 loss per share attributable to common stock as compared to a net loss of $11,589,000 or $0.54 loss per share attributable to common stock for the second quarter of 2016. The Company reported negative EBITDA of $5,402,000 for the quarter ended June 30, 2017 as compared to negative EBITDA of $1,464,000 for the quarter ended June 30, 2016.