Benzinga | Nov 3, 2021 06:51PM EDT

ION Geophysical Q3 EPS $0.05 Beats $(0.24) Estimate, Sales $44.40M Beat $27.79M Estimate

ION Geophysical (NYSE:IO) reported quarterly earnings of $0.05 per share which beat the analyst consensus estimate of $(0.24) by 120.83 percent. This is a 104.31 percent increase over losses of $(1.16) per share from the same period last year. The company reported quarterly sales of $44.40 million which beat the analyst consensus estimate of $27.79 million by 59.77 percent. This is a 173.50 percent increase over sales of $16.23 million the same period last year.