Benzinga | Feb 10, 2021 05:22PM EST

ION Geophysical Q4 EPS $(0.43) Beats $(0.54) Estimate, Sales $27.30M Miss $28.59M Estimate

ION Geophysical (NYSE:IO) reported quarterly losses of $(0.43) per share which beat the analyst consensus estimate of $(0.54) by 20.37 percent. This is a 7.5 percent decrease over losses of $(0.40) per share from the same period last year. The company reported quarterly sales of $27.30 million which missed the analyst consensus estimate of $28.59 million by 4.51 percent. This is a 36.08 percent decrease over sales of $42.71 million the same period last year.