CGG (CGGYY) Announces Quarterly Earnings Results, Beats Expectations By $0.03 EPS

CGG (OTCMKTS:CGGYY) posted its earnings results on Wednesday. The company reported ($0.03) EPS for the quarter, topping the consensus estimate of ($0.06) by $0.03, reports. The company had revenue of $271.60 million for the quarter.

CGGYY stock traded down $0.05 during mid-day trading on Thursday, reaching $1.83. 22,146 shares of the company’s stock were exchanged, compared to its average volume of 14,399. CGG has a 12-month low of $1.11 and a 12-month high of $3.15.

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CGG Company Profile

CGG operates as a geoscience company in North America, the Central and South Americas, Europe, Africa, the Middle East, and the Asia Pacific. It operates through Geology, Geophysics & Reservoir; and Equipment segments. The Geology, Geophysics & Reservoir segment develops and licenses multi-client seismic surveys; processes seismic data; and sells seismic data processing and reservoir characterization software primarily under the geovation, Hampson-Russell, and Jason brands.

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Earnings History for CGG (OTCMKTS:CGGYY)

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