DAWSON GEOPHYSICAL REPORTS FOURTH QUARTER AND YEAR END 2024 RESULTS
Dawson Geophysical Company (DWSN)
Last dawson geophysical company earnings: 8/1 06:00 am
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Source: PR Newswire
MIDLAND, Texas, March 28, 2025 /PRNewswire/ -- Dawson Geophysical Company (NASDAQ: DWSN) (the "Company") today reported unaudited financial results for its fourth quarter and fiscal year ended December 31, 2024.Management CommentTony Clark, Dawson's President and CEO, commented, "I am proud of the progress the Dawson team made during 2024, generating $2 million of adjusted EBITDA, the Company's first positive annual adjusted EBITDA since 2020. We significantly adjusted our cost structure improving our gross margin1 from 16% in 2023 to 21% in 2024, and reduced our general and administrative expenses by 25% year-over-year. We took our first steps to returning this company to profitability in 2024, we have a strong backlog of projects heading into 2025, with our current backlog for the six months ended September 30, 2025, is greater than 150% of the revenues for the comparable period in 2024. We believe that we have significant competitive advantage for larger seismic jobs due to our hig
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DWSN
News
- Dawson Geophysical (NASDAQ:DWSN) had its "hold (c-)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Dawson Geophysical (NASDAQ:DWSN) had its "hold (c-)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Dawson Geophysical (NASDAQ:DWSN) was upgraded by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a> from a "sell (d)" rating to a "hold (c-)" rating.MarketBeat
- DAWSON GEOPHYSICAL REPORTS THIRD QUARTER 2025 RESULTSPR Newswire
DWSN
Sec Filings
- 11/12/25 - Form 8-K
- 11/6/25 - Form 8-K
- 10/29/25 - Form SCHEDULE
- DWSN's page on the SEC website