ION Geophysical Corporation (IO)

NYSE: IO · IEX Real-Time Price · USD
0.903
0.064 (7.61%)
At close: Jan 21, 2022 4:00 PM
0.925
0.022 (2.391%)
After-hours:Jan 21, 2022 7:57 PM EST
Market Cap26.76M
Revenue (ttm)105.44M
Net Income (ttm)-44.34M
Shares Out29.62M
EPS (ttm)-2.09
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume1,307,205
Open0.835
Previous Close0.840
Day's Range0.800 - 0.970
52-Week Range0.800 - 5.350
Beta3.15
AnalystsBuy
Price Target3.73 (+312.9%)
Earnings DateFeb 8, 2022

About IO

ION Geophysical Corporation provides data-driven decision-making to offshore energy, and ports, and defense industries worldwide. The company operates through two segments, E&P Technology & Services and Operations Optimization. The E&P Technology & Services segment creates digital data assets and delivers services to help E&P companies improve decision-making and reduce risk. This segment includes two synergistic groups, imaging and reservoir services, and ventures. The company's Imaging and Reservoir Services group provides data processing, im...

IndustryEnergy Equipment & Services
IPO DateApr 1, 1991
CEOR. Brian Hanson
Employees360
Stock ExchangeNYSE
Ticker SymbolIO
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for IO stock is "Buy." The 12-month stock price forecast is 3.73, which is an increase of 312.88% from the latest price.

Price Target
$3.73
(312.88% upside)
Analyst Consensus: Buy

News

ION announces forbearance and amendment related to its revolving credit agreement

HOUSTON, Jan. 14, 2022 (GLOBE NEWSWIRE) -- ION Geophysical Corporation (NYSE: IO)

1 week ago - GlobeNewsWire

ION receives continued listing standards notice from the New York Stock Exchange

HOUSTON, Dec. 23, 2021 (GLOBE NEWSWIRE) -- ION Geophysical Corporation (NYSE: IO) today announced that written notice was received from the New York Stock Exchange (the “NYSE”) that the Company is not i...

1 month ago - GlobeNewsWire

Ion Geophysical (IO) Reports Q3 Loss, Tops Revenue Estimates

Ion Geophysical (IO) delivered earnings and revenue surprises of 0.00% and 0.89%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

ION reports third quarter 2021 revenues of $44 million, an increase of 125% sequentially, driven by successful execut...

HOUSTON, Nov. 03, 2021 (GLOBE NEWSWIRE) -- ION Geophysical Corporation (NYSE: IO) today reported revenues of $44.4 million in the third quarter 2021, a 125% increase compared to $19.7 million in the sec...

2 months ago - GlobeNewsWire

ION announces third quarter 2021 earnings and conference call schedule

HOUSTON, Nov. 01, 2021 (GLOBE NEWSWIRE) -- ION Geophysical Corporation (NYSE: IO) today announced that it will release its third quarter 2021 financial results on Wednesday, November 3, 2021 after the m...

2 months ago - GlobeNewsWire

Ion Geophysical (IO) Expected to Beat Earnings Estimates: Should You Buy?

Ion Geophysical (IO) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 months ago - Zacks Investment Research

Penny Stocks To Watch Today As Buying Drives ADMP, IO, LPCN & Others

A jump in penny stock prices has retail traders cashing out on big gains. The post Penny Stocks To Watch Today As Buying Drives ADMP, IO, LPCN & Others appeared first on Penny Stocks to Buy, Picks, News...

Other symbols:ADMPFAMILPCNPROG
3 months ago - PennyStocks

ION announces preliminary third quarter 2021 revenues of $44 - 45 million, an increase of ~125% sequentially, driven ...

HOUSTON, Oct. 18, 2021 (GLOBE NEWSWIRE) -- ION Geophysical Corporation (NYSE: IO) today announced that the Company expects third quarter 2021 revenues to be in the range of $44 - 45 million, an increase...

3 months ago - GlobeNewsWire

7 Most Promising Penny Stocks to Buy Before 2021 Ends

Penny stocks have tons of upside and tons of risk. These seven are NYSE listed, making them safer but not dulling their upside potential.

Other symbols:ARCOEXTNGGBIVCRGSTISI
3 months ago - InvestorPlace

ION recognized for role in reducing ports' impact on climate change and launches new Marlin SmartPort agent portal an...

HOUSTON, Oct. 14, 2021 (GLOBE NEWSWIRE) -- ION Geophysical Corporation (NYSE: IO) today announced that the Company's climate-smart platform, Marlin SmartPort™, was featured in Gateways to Growth, a Brit...

3 months ago - GlobeNewsWire

Implied Volatility Surging for ION Geophysical (IO) Stock Options

Investors need to pay close attention to ION Geophysical (IO) stock based on the movements in the options market lately.

3 months ago - Zacks Investment Research

ION receives grant to support UK net zero target through port decarbonization

HOUSTON, Sept. 16, 2021 (GLOBE NEWSWIRE) -- ION Geophysical Corporation's Edinburgh-based Software group today announced the Company received a grant to advance port decarbonization through its climate-...

4 months ago - GlobeNewsWire

Why ION Geophysical Stock Traded Higher During Wednesday's After-Hours Session

ION Geophysical (NYSE: IO) shares are trading higher after the company announced it initiated a review of strategic alternatives. According to the press release, the strategic alternatives include, amon...

4 months ago - Benzinga

ION initiates review of strategic alternatives

HOUSTON, Sept. 15, 2021 (GLOBE NEWSWIRE) -- ION Geophysical Corporation (NYSE: IO) today announced that its Board of Directors (the “Board”) has initiated a process to evaluate a range of strategic alte...

4 months ago - GlobeNewsWire

ION announces third phase of Mid North Sea High 3D multi-client program

HOUSTON, Sept. 09, 2021 (GLOBE NEWSWIRE) -- ION Geophysical Corporation (NYSE: IO) today announced a third, fully underwritten phase of the Company's Mid North Sea High 3D new acquisition multi-client p...

4 months ago - GlobeNewsWire

Ion Geophysical (IO) Reports Q2 Loss, Tops Revenue Estimates

Ion Geophysical (IO) delivered earnings and revenue surprises of -79.17% and 1.10%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

ION Geophysical: Q2 Earnings Insights

Shares of ION Geophysical (NYSE:IO) decreased 8.3% in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share rose 49.41% over the past year to ($0.43), which be...

5 months ago - Benzinga

ION reports second quarter 2021 results, 3D strategy contributes to 40% sequential revenue increase despite challengi...

HOUSTON, Aug. 11, 2021 (GLOBE NEWSWIRE) -- ION Geophysical Corporation (NYSE: IO) today reported revenues of $19.7 million in the second quarter 2021, a 40% increase compared to $14.0 million in the fir...

5 months ago - GlobeNewsWire

ION announces second quarter 2021 earnings and conference call schedule

HOUSTON, Aug. 09, 2021 (GLOBE NEWSWIRE) -- ION Geophysical Corporation (NYSE: IO) today announced that it will release its second quarter 2021 financial results on Wednesday, August 11, 2021 after the m...

5 months ago - GlobeNewsWire

ION announces preliminary second quarter 2021 revenues of ~$20 million, an increase of ~40% sequentially

HOUSTON, July 15, 2021 (GLOBE NEWSWIRE) -- ION Geophysical Corporation (NYSE: IO) today announced that the Company expects second quarter 2021 revenues to be approximately $20 million, an improvement of...

6 months ago - GlobeNewsWire

ION announces new appointments to its Board of Directors

HOUSTON, June 30, 2021 (GLOBE NEWSWIRE) -- ION Geophysical Corporation (NYSE: IO) today announced the election of Mr. Mark Doran and Mr. Gary Pittman to its Board of Directors, effective June 28, 2021. ...

6 months ago - GlobeNewsWire

ION starts second phase of North Sea 3D multi-client program

New digital technologies improve cross-industry coordination and decrease carbon footprint New digital technologies improve cross-industry coordination and decrease carbon footprint

7 months ago - GlobeNewsWire

ION and PGS successfully complete Shell Egypt survey with ELO survey design and Gemini source

HOUSTON, June 01, 2021 (GLOBE NEWSWIRE) -- ION Geophysical Corporation (NYSE: IO) and PGS (OSE: PGS) today announced the successful completion of a survey offshore Egypt acquired on behalf of Shell with...

7 months ago - GlobeNewsWire

Ion Geophysical (IO) Reports Q1 Loss, Tops Revenue Estimates

Ion Geophysical (IO) delivered earnings and revenue surprises of -55.74% and 0.26%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

8 months ago - Zacks Investment Research

ION reports first quarter 2021 results, reflecting third consecutive increase in backlog and transformed capital stru...

HOUSTON, May 05, 2021 (GLOBE NEWSWIRE) -- ION Geophysical Corporation (NYSE: IO) today reported total net revenues of $14.0 million in the first quarter 2021, a 49% decrease compared to $27.3 million in...

8 months ago - GlobeNewsWire