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Ion Geophysical: 3Q Earnings Snapshot

·1 min read

HOUSTON (AP) _ Ion Geophysical Corp. (IO) on Wednesday reported a loss of $16.6 million in its third quarter.

On a per-share basis, the Houston-based company said it had a loss of $1.16.

The provider of seismic data to oil and gas companies posted revenue of $16.2 million in the period.

In the final minutes of trading on Wednesday, the company's shares hit $1.59. A year ago, they were trading at $9.48.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on IO at https://www.zacks.com/ap/IO