Geospace Rallied in Holiday Week; Monday Test Still Looms
Geospace Technologies shares rose 2.5% for the week, closing Friday at $8.30 after a 4.49% drop that day. Second-quarter revenue climbed to $19.7 million, but net loss widened to $11.1 million. Smart Water revenue fell 60.6%, while Energy Solutions jumped 272.1% on PRM project deliveries. About 133,000 shares traded Friday.