Thursday, April 2, 2020

Stock Alert: ION Geophysical Sees Strong Revenues In Q1; Stock Up 173%

Shares of ION Geophysical Corp. (IO) are soaring over 170% in pre-market today, after the company announced that it expects first quarter 2020 revenues to be in the range of $56 million - $57 million, over 50% greater than the first quarter 2019 and over 30% greater than the fourth quarter 2019. Three Wall Street analysts have a consensus revenue estimate of $39.2 million for the quarter.

from RTT - Before the Bell https://ift.tt/3aBMV9n
via IFTTT

No comments:

Post a Comment