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Geospace (GEOS) investor relations material
Geospace Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q3 2025 revenue was $24.8M, down 3.9% year-over-year, with net income of $0.8M, reversing a prior year net loss; nine-month revenue was $80.1M with a net loss of $0.7M.
Smart Water segment achieved record revenue, driven by Hydrocon connectors and new product launches; Energy Solutions secured a major PRM contract in Brazil.
Acquisitions of HeartBee/Heartbeat Detector and Geovox Security expand recurring revenue and security offerings.
Operational efficiencies improved through higher facility utilization, strategic product adjustments, and property sales.
Major property sales generated gains, including $4.6M from Houston and $9.2M from idle property.
Financial highlights
Q3 revenue was $24.8M, flat or down 3.9% year-over-year; net income $0.8M versus a net loss of $2.1M prior year.
Nine-month revenue was $80.1M, down 20% year-over-year; net loss of $0.7M compared to $6.3M net income last year.
Smart Water Q3 revenue grew 6.1% to $10.5M; nine-month revenue up 32.7% to $27.3M.
Energy Solutions Q3 revenue fell 13.6% to $8.1M; nine-month revenue down 42% to $35.0M.
Intelligent Industrial Q3 revenue down 5.4% to $6.1M; nine-month revenue down 7.6% to $17.6M.
Outlook and guidance
No specific revenue or earnings guidance provided, but backlog and new contracts support optimism for future periods.
Smart Water and security offerings expected to drive growth; PRM contract revenue to be recognized over 16–18 months.
Sufficient liquidity to fund operations and capital needs for at least the next twelve months.
Capital investments in property, plant, and equipment projected at $7M for fiscal 2025.
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