Magseis Fairfield ASA announced earnings results for the fourth quarter ended December 31, 2020. For the fourth quarter, the company announced sales was USD 48.446 million compared to USD 74.394 million a year ago. Operating loss was USD 7.312 million compared to USD 48.642 million a year ago. Net loss was USD 7.808 million compared to USD 45.964 million a year ago. Basic loss per share from continuing operations was USD 0.03 compared to USD 0.25 a year ago. For the full year, sales was USD 193.391 million compared to USD 459.625 million a year ago. Operating loss was USD 14.607 million compared to USD 150.386 million a year ago. Net loss was USD 19.650 million compared to USD 151.541 million a year ago. Basic loss per share from continuing operations was USD 0.08 compared to USD 0.82 a year ago.