Q3-17 Financial Update
Based on preliminary figures for Q3 2017, Management expects to report Net Multi-Client Revenue of approximately USD 17 million for the quarter (USD 11.4 million in Q3 2016).
The Multi-Client Capex is expected to be approximately USD 13 million (USD 8.1 million in Q3 2016).
Spectrum expects to report a cash balance of USD 10.5 million and secured Net Interest Bearing Debt of approximately USD 16.5 million as of 30th September 2017.
Spectrum will report 3rd quarter 2017 financial results 13th of October 2017.