Dawson Geophysical Reports Q1 EPS of $(0.21) vs. $(0.20)

Dawson Geophysical Company DWSN today reported revenues of $72,653,000 for the quarter ended December 31, 2010, the Company's first quarter of fiscal 2011, compared to $36,330,000 for the same quarter in fiscal 2010, an increase of 100 percent. Net loss for the first quarter of fiscal 2011 was $1,667,000 compared to net loss of $4,216,000 in the same quarter of fiscal 2010. Loss per share for the first quarter of fiscal 2011 was $0.21 compared to loss per share of $0.54 for the first quarter of fiscal 2010. EBITDA for the first quarter of fiscal 2011 was $4,899,000 compared to a loss of $211,000 in the same quarter of fiscal 2010.