Last $2.75 USD
Change Today +0.05 / 1.85%
Volume 905.1K
IO On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 8:04 PM 11/21/14 All times are local (Market data is delayed by at least 15 minutes).

ion geophysical corp (IO) Snapshot

Open
$2.77
Previous Close
$2.70
Day High
$2.83
Day Low
$2.68
52 Week High
04/16/14 - $4.73
52 Week Low
10/10/14 - $2.30
Market Cap
451.6M
Average Volume 10 Days
1.4M
EPS TTM
$0.89
Shares Outstanding
164.2M
EX-Date
--
P/E TM
3.1x
Dividend
--
Dividend Yield
--
Current Stock Chart for ION GEOPHYSICAL CORP (IO)

ion geophysical corp (IO) Related Businessweek News

No Related Businessweek News Found

ion geophysical corp (IO) Details

ION Geophysical Corporation provides geophysical technology, services, and solutions to the oil and gas industry worldwide. The company offers seismic data processing services for marine and land environments, reservoir solutions, onboard processing and quality control, seismic data libraries, and services for managing the seismic process, including survey planning and design, data acquisition and management, and subsurface imaging and reservoir characterization. It also provides processing and imaging services to evaluate and develop reservoirs; and command and control software systems and related services for navigation and data management functions comprising towed marine streamer and seabed operations. In addition, the company offers concept software systems, such as marine imaging; seabed imaging; survey design, planning, and optimization; and ice management systems. Further, it manufactures re-deployable ocean-bottom cable seismic data acquisition systems and shipboard recorders; towed streamer acquisition, positioning, and control systems; and analog geophone sensors. It has a strategic agreement with Polarcus Limited to plan and execute 3-D multi-client surveys. The company was formerly known as Input/Output, Inc., and changed its name to ION Geophysical Corporation in 2007. ION Geophysical Corporation was founded in 1968 and is headquartered in Houston, Texas.

1,072 Employees
Last Reported Date: 02/24/14
Founded in 1968

ion geophysical corp (IO) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $490.0K
Executive Vice President and Chief Operating ...
Total Annual Compensation: $358.0K
Executive Vice President and Chief Operating ...
Total Annual Compensation: $350.0K
Senior Vice President of Ocean Bottom Service...
Total Annual Compensation: $312.0K
Compensation as of Fiscal Year 2013.

ion geophysical corp (IO) Key Developments

ION Geophysical Corporation Announces Executive Changes

Effective November 13, 2014, ION Geophysical Corporation announced the resignation of its senior vice president and chief financial officer, Greg Heinlein, who is leaving the company to pursue other interests. The company has named Steve Bate as its executive vice president and chief financial officer. Mr. Bate was previously executive vice president and chief operating officer of ION's Systems division. Mr. Bate joined ION in 2005 as chief financial officer for the company's solutions business.

ION Geophysical Corporation Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

ION Geophysical Corporation reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported total revenues of $106,540,000, loss from operations of $5,349,000, loss before income taxes of $16,577,000, net loss applicable to common share of $24,541,000 or $0.15 per basic and diluted share compared to the total revenues of $79,838,000, loss from operations of $56,528,000, loss before income taxes of $140,302,000, net loss applicable to common share of $202,096,000 or $1.29 per basic and diluted share for the same quarter year ago. This increase was predominantly due to revenues contributed by OceanGeo. Adjusted EBITDA was $13 million compared to negative adjusted EBITDA of $4.2 million for the same quarter year ago. This year-over-year increase was primarily the result of an improved mix of revenues in the Solutions segment. For the nine months, the company reported total revenues of $372,718,000, income from operations of $18,107,000, income before income taxes of $68,271,000, net income applicable to common share of $52,626,000 or $0.32 per basic and diluted share compared to the total revenues of $330,490,000, loss from operations of $47,835,000, loss before income taxes of $246,744,000, net loss applicable to common share of $271,693,000 or $1.73 per basic and diluted share for the same period year ago. Adjusted EBITDA was $89.5 million compared to the $53.40 million for the same quarter year ago. Net cash provided by operating activities was $86,976,000 against $78,515,000 a year ago. Purchase of property, plant, equipment and seismic rental assets was $6,842,000 against $13,539,000 a year ago.

ION Geophysical Corporation to Report Q3, 2014 Results on Nov 05, 2014

ION Geophysical Corporation announced that they will report Q3, 2014 results at 5:00 PM, Eastern Standard Time on Nov 05, 2014

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
IO:US $2.75 USD +0.05

IO Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Dawson Geophysical Co $15.54 USD -0.03
Dolphin Group AS 3.27 NOK +0.26
Geospace Technologies Corp $29.54 USD -2.95
Polarcus Ltd 0.96 NOK +0.01
SAExploration Holdings Inc $3.95 USD +0.0101
View Industry Companies
 

Industry Analysis

IO

Industry Average

Valuation IO Industry Range
Price/Earnings 6.2x
Price/Sales 0.8x
Price/Book 1.4x
Price/Cash Flow 6.2x
TEV/Sales 0.2x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact ION GEOPHYSICAL CORP, please visit www.iongeo.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.