PGS Acquires Rock Solid Images [Reuters]
PGS ASA S/ADR (PGSVY)
NASDAQ:AMEX Investor Relations:
pgs.com/investor-relations
Company Research
Source: Reuters
PGS ASA (PGSVY.PK) Key Developments | Reuters.com July 9 (Reuters) - PGS ASA ::REG-PGS ASA: Q2 2019 UPDATE.BASED ON A PRELIMINARY REVIEW, PGS (OR " COMPANY") EXPECTS TO REPORT TOTAL SEGMENT* REVENUES OF APPROXIMATELY $216 MILLION IN Q2 2019..MULTICLIENT REVENUES WERE APPROXIMATELY $113 MILLION, OF WHICH APPROXIMATELY $67 MILLION PREFUNDING AND $46 MILLION LATE SALES.CONTRACT REVENUES WERE APPROXIMATELY $94 MILLION.ORDER BOOK AS OF JUNE 30, 2019 IS APPROXIMATELY $300 MILLION**..SAYS CONTRACT MARKET IS IN RECOVERY AND DURING Q2 WE HAVE FURTHER IMPROVED REVENUE VISIBILITY WITH AN ORDER BOOK INCREASE OF 26%, COMPARED TO PREVIOUS QUARTER.OUR Q2 REVENUES REFLECT HIGH VESSEL UTILIZATION, GOOD PRODUCTION AND STRONG IMPROVEMENT OF PRICING FOR CONTRACT WORK, PARTIALLY OFFSET BY MUTED MULTICLIENT LATE SALES, WHICH WE BELIEVE WILL IMPROVE IN SECOND HALF OF YEAR. Full Article June 19 (Reuters) - PGS ASA ::OSLO BØRS HAS DECLARED STRESSED MARKET CONDITIONS IN PGS DERIVATIVES UNTIL END OF DAY. MARKE
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