Dawson Geophysical Co. (DWSN) Reports Strong Q3 Results, Beats Earnings Estimates by 14 Cents

Dawson Geophysical Company (DWSN), a leading provider of U.S. onshore seismic data acquisition services to oil and natural gas exploration and development companies, announced strong third quarter financial results this morning. Revenues were $84.6 million, an increase of 23% over prior year sales. Net income increased 28% to $9.7 million, or $1.27 per share. Analysts surveyed expected Dawson to report earnings of $1.13 per share on $82.7 million in revenues.