GEOS Stock Declines Despite Q1 Earnings Uptick Y/Y, Gross Margin Down

Shares of Geospace Technologies Corporation (GEOS) have lost 7.6% since the company reported its earnings for the quarter ended Dec. 31, 2024. This compares to the S&P 500 Index’s 0.4% gain over the same period. Over the past month, the stock has lost 12.1% against the S&P 500’s 2.8% rise, reflecting investor concerns surrounding the company’s performance and broader market positioning.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Key Financial Performance MetricsFor the first quart ...