Dawson Geophysical Company reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported revenue was USD 24.26 million compared to USD 17.5 million a year ago. Net loss was USD 2.11 million compared to USD 2.77 million a year ago. Basic loss per share from continuing operations was USD 0.07 compared to USD 0.11 a year ago. Diluted loss per share from continuing operations was USD 0.07 compared to USD 0.11 a year ago.
For the full year, sales was USD 35.4 million compared to USD 5.56 million a year ago. Net loss was USD 12.15 million compared to USD 18.65 million a year ago. Basic loss per share from continuing operations was USD 0.45 compared to USD 0.75 a year ago. Diluted loss per share from continuing operations was USD 0.45 compared to USD 0.75 a year ago.