Dawson Geophysical Company DWSN today reported fourth quarter and year end results for fiscal 2010.
For the fourth quarter of fiscal 2010 ending September 30, 2010, revenues were $59,179,000 compared to $46,835,000 for the same quarter in fiscal 2009, an increase of 26 percent. The Company reported a net loss for the fourth quarter of fiscal 2010 of $1,411,000 compared to net loss of $2,056,000 in the same quarter of fiscal 2009.
Basic loss per share for the fourth quarter of fiscal 2010 was $0.18 compared to $0.26 in the same quarter of fiscal 2009. EBITDA for the fourth quarter of fiscal 2010 was $5,268,000 compared to $3,654,000 in the same quarter of fiscal 2009, an increase of 44 percent.
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