Geospace Technologies (GEOS) falls 7.08% due to revenue drop, despite record Q2 revenue in Smart Water segment.

From Yahoo Finance: 2025-05-14 10:27:00

Geospace Technologies Corporation (GEOS) is experiencing a tough week among energy stocks. Despite a rally in crude oil prices, the stock has fallen by 7.08% between May 6 and May 13. In Q2 2025, GEOS reported a revenue drop from $24.3 million to $18 million, with a net loss increasing from $4.3 million to $9.88 million. However, the company achieved record Q2 revenue of $9.5 million in its Smart Water segment.

The truce between the US and China has led to a significant increase in crude oil prices, crossing $63 from a low of $57.13. However, OPEC+’s decision to further increase output in June has limited oil’s potential upside. Despite Beijing’s tariff cuts on American goods, the US energy sector continues to face challenges in exporting to China, with no American crude oil or LNG cargoes scheduled to arrive in the country this month.

While GEOS ranks 4th among energy stocks that have lost the most this week, Insider Monkey believes in the potential of AI stocks to deliver higher returns within a shorter timeframe. With GEOS facing challenges, there is a popular AI stock trading at less than 5 times its earnings that may be more promising. Check out Insider Monkey’s report on the cheapest AI stock for more information.



Read more at Yahoo Finance: Why Geospace Technologies (GEOS) Is Falling This Week