ION Geophysical (IO) Stock Price, News & Analysis

Company Overview

ION Geophysical Corporation provides data-driven decision-making to offshore energy, and ports, and defense industries worldwide. The company operates through two segments, E&P Technology & Services and Operations Optimization. The E&P Technology & Services segment creates digital data assets and delivers services to help E&P companies improve decision-making and reduce risk. This segment includes two synergistic groups, imaging and reservoir services, and ventures. The company's Imaging and Reservoir Services group provides data processing, imaging, and reservoir services that improve image quality and subsurface insights, helping E&P companies reduce exploration and production risk, evaluate and develop reservoirs, and increase production. Its Imaging and Reservoir Services group develops and applies proprietary processing algorithms through its imaging engine to data owned or licensed by its customers to translate raw data into subsurface images. The Operations Optimization segment develops mission-critical subscription offerings and provides engineering services that enable operational control and optimization offshore. This segment includes the company's Optimization Software & Services and Devices offerings. The company's Optimization Software & Services group provides survey design, command, and control software systems and related services for marine towed streamer and seabed operations. Its Devices offerings group develops intelligent equipment controlled by its software to optimize operations. The company sells its services and products through a direct sales force consisting of employees and international third-party sales representatives. ION Geophysical Corporation was formerly known as Input/Output, Inc. and changed its name to ION Geophysical Corporation in 2007. The company was founded in 1968 and is headquartered in Houston, Texas. On April 12, 2022, ION Geophysical Corporation along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of Texas.

Key Stats

• Today's Range: N/A
• 50-Day Range: $0.33 to $1.08
• 52-Week Range: N/A
• Volume: 16,621 shs
• Average Volume: 4.65 million shs
• Market Capitalization: $10.37 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

IO Stock Analysis - Frequently Asked Questions

How were ION Geophysical's earnings last quarter?

ION Geophysical Co. (NYSE:IO) posted its quarterly earnings data on Wednesday, November, 3rd. The oil and gas company reported $0.05 EPS for the quarter, topping the consensus estimate of ($0.02) by $0.07. The oil and gas company had revenue of $44.39 million for the quarter, compared to analysts' expectations of $44 million.

Does ION Geophysical have any subsidiaries?

ION Geophysical subsidiaries include these companies: Global Dynamics, OceanGeo, ARAM, GX Technology, Concept Systems Holdings, AXIS Geophysics, Pelton, and others.

What other stocks do shareholders of ION Geophysical own?

Based on aggregate information from My MarketBeat watchlists, some other companies that ION Geophysical investors own include Sangamo Therapeutics (SGMO), Meta Platforms (META), Allena Pharmaceuticals (ALNA), AT&T (T), NVIDIA (NVDA), Ford Motor (F) and Advanced Micro Devices (AMD).

Company Calendar

• Last Earnings: 11/03/2021
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Oils/Energy
• Industry: Oil & Gas Exploration Services
• Sub-Industry: Oil & Gas Equipment & Services
• Current Symbol: NYSE:IO
• CUSIP: 46204410
• CIK: 866609
• Web: www.iongeo.com
• Phone: (281) 933-3339
• Fax: 281-879-3626
• Employees: 360
• Year Founded: 1968

Profitability

• EPS (Most Recent Fiscal Year): ($2.30)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-37,220,000.00
• Net Margins: -42.05%
• Pretax Margin: -31.51%
• Return on Equity: N/A
• Return on Assets: -17.35%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.64
• Quick Ratio: 0.55

Sales & Book Value

• Annual Sales: $122.67 million
• Price / Sales: 0.00
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: ($4.75) per share
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 29,617,000
• Free Float: 27,159,000
• Market Cap: $10.37 million
• Optionable: Optionable
• Beta: 3.38