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Ion Geophysical: 2Q Earnings Snapshot

July 31, 2019

HOUSTON (AP) _ Ion Geophysical Corp. (IO) on Wednesday reported a loss of $8.6 million in its second quarter.

The Houston-based company said it had a loss of 61 cents per share. Losses, adjusted for non-recurring costs, came to 58 cents per share.

The provider of seismic data to oil and gas companies posted revenue of $41.8 million in the period.

Ion Geophysical shares have increased 86% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $9.66, a fall of 62% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on IO at https://www.zacks.com/ap/IO

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