Benzinga | Aug 11, 2021 04:23PM EDT

ION Geophysical Q2 EPS $(0.90) Misses $(0.73) Estimate, Sales $19.70M Miss $21.40M Estimate

ION Geophysical (NYSE:IO) reported quarterly losses of $(0.90) per share which missed the analyst consensus estimate of $(0.73) by 23.29 percent. This is a 5.88 percent decrease over losses of $(0.85) per share from the same period last year. The company reported quarterly sales of $19.70 million which missed the analyst consensus estimate of $21.40 million by 7.94 percent. This is a 13.33 percent decrease over sales of $22.73 million the same period last year.