From GlobeNewswire: 2025-04-22 18:48:00

Pulse Seismic Inc. reports financial results for Q1 2025, with a 17% increase in quarterly dividend to $0.0175 per share, totaling approximately $889,000 to be paid on May 20, 2025. Revenue for the quarter was $22.8 million, representing 97% of 2024’s total revenue. EBITDA was $20.0 million, and net earnings were $13.4 million. Pulse’s strong financial performance has resulted in a robust balance sheet with $14.3 million in cash and $14.2 million in working capital. The company remains focused on returning capital to shareholders.

Pulse Seismic Inc. had a strong first quarter, generating $22.8 million in revenue and ending with $14.3 million in cash and $14.2 million in working capital. This quarter was one of the top three in the company’s history, representing 97% of annual 2024 revenue. Pulse maintains a low-cost structure, strong balance sheet, and no debt, with a focus on providing exceptional customer service in the seismic data library business. Despite industry fluctuations, Pulse’s financial position and management strategies position it well for future success.



Read more at GlobeNewswire: Pulse Seismic Inc. Reports Strong Q1 2025 Financial Results