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ap

OYO Geospace wins $18M in new contracts

OYO Geospace says it has secured $18 million in contracts for seismic products

  • On 12:54 pm EDT, Tuesday September 8, 2009

HOUSTON (AP) -- OYO Geospace Corp. said Tuesday it has signed several contracts worth about $18 million.

After the news, its shares rose $1.58, or 7.8 percent, to $21.90.

The company, which makes devices that collect seismic data, said it has gotten particularly high interest in its wireless data collection system.

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