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ION Geophysical Corp (IO)

IO on New York Consolidated

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19 Jul 2019
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Latest Key Developments (Source: Significant Developments)

ION Reports Q1 Loss Per Share $1.52
Wednesday, 1 May 2019 04:15pm EDT 

May 1 (Reuters) - ION Geophysical Corp ::ION REPORTS FIRST QUARTER 2019 RESULTS.Q1 LOSS PER SHARE $1.52.Q1 REVENUE $37 MILLION.AT MARCH 31, 2019, COMPANY HAD TOTAL LIQUIDITY OF $78.1 MILLION, CONSISTING OF $38.4 MILLION OF CASH ON HAND.ION GEOPHYSICAL - 2019 E&P SPENDING LEVELS ARE PROJECTED TO BE SLIGHTLY UP, REMAINS UNCLEAR HOW ROBUST EXPLORATION ACTIVITY & FUNDING WILL BE IN 2019.  Full Article

Ion Geophysical, Units Enter Third Amendment And Joinder To Revolving Credit And Security Agreement - SEC Filing
Tuesday, 21 Aug 2018 05:01pm EDT 

Aug 21 (Reuters) - ION Geophysical Corp ::ION GEOPHYSICAL - ON AUG.16, CO, UNITS ENTERED THIRD AMENDMENT AND JOINDER TO REVOLVING CREDIT AND SECURITY AGREEMENT - SEC FILING.ION GEOPHYSICAL- AMENDMENT AMENDS CREDIT AGREEMENT TO EXTEND MATURITY DATE OF FACILITY BY APPROXIMATELY FOUR YEARS (FROM AUG 22, 2019 TO AUG 16, 2023).ION GEOPHYSICAL CORP - AMENDMENT TO INCREASE MAXIMUM REVOLVER AMOUNT BY $10.0 MILLION TO $50.0 MILLION.ION GEOPHYSICAL - AMENDMENT TO EXTEND MATURITY DATE OF FACILITY BY ABOUT 4 YRS OR EXTENSION OF MATURITY DATE OF SECOND LIEN DEBT.  Full Article

Ion Prices $50 Mln Public Offering Of Common Stock And Warrants
Friday, 16 Feb 2018 08:57am EST 

Feb 16 (Reuters) - Ion Geophysical Corp ::ION PRICES $50 MILLION PUBLIC OFFERING OF COMMON STOCK AND WARRANTS.ION GEOPHYSICAL - PRICED UNDERWRITTEN PUBLIC OFFERING OF 1.8 MILLION SHARES OF ITS COMMON STOCK AND WARRANTS AT $27.50/SHARE & ACCOMPANYING WARRANT​.  Full Article

Ion Announces Proposed Public Offering Of Common Stock
Thursday, 15 Feb 2018 05:06pm EST 

Feb 15 (Reuters) - Ion Geophysical Corp ::ION ANNOUNCES PROPOSED PUBLIC OFFERING OF COMMON STOCK AND WARRANTS.ION GEOPHYSICAL CORP - ‍INTENDS TO OFFER AND SELL SHARES OF ITS COMMON STOCK AND WARRANTS TO PURCHASE SHARES OF ITS COMMON STOCK​.  Full Article

ION Geophysical Q4 Revenue Rose 64 Pct To $57.9 Mln
Wednesday, 7 Feb 2018 04:31pm EST 

Feb 7 (Reuters) - ION Geophysical Corp ::ION REPORTS FOURTH QUARTER AND YEAR END 2017 RESULTS.Q4 LOSS PER SHARE $0.12.Q4 REVENUE ROSE 64 PERCENT TO $57.9 MILLION.Q4 ADJUSTED EARNINGS PER SHARE $0.38 EXCLUDING ITEMS.  Full Article

Ion Provides An Update On The Westerngeco Litigation
Tuesday, 16 Jan 2018 08:30am EST 

Jan 16 (Reuters) - Ion Geophysical Corp ::ION PROVIDES AN UPDATE ON THE WESTERNGECO LITIGATION.ION GEOPHYSICAL CORP SAYS SUPREME COURT GRANTED CERTIORARI IN PREVIOUSLY-REPORTED LAWSUIT OF WESTERNGECO L.L.C. V. ION GEOPHYSICAL CORPORATION.  Full Article

Ion Geophysical reports Q3 earnings of $0.41 per share
Wednesday, 1 Nov 2017 06:40pm EDT 

Nov 1 (Reuters) - Ion Geophysical Corp :Ion reports third quarter 2017 results.Q3 earnings per share $0.41.Q3 revenue $61.1 million versus $78.6 million.Backlog of multi-client new ventures and data processing programs $40 million at September 30, 2017​.  Full Article

Ion expands 2D data library with new acquisition offshore Panama
Tuesday, 8 Aug 2017 04:15pm EDT 

Aug 8 (Reuters) - Ion Geophysical Corp :Ion expands 2D data library with new acquisition offshore Panama.  Full Article