6 Aug 2020quarterly activities report▼ Bad
ION GEOPHYSICAL CORP reported quarterly revenue of $22.7 million and a net loss of $5.2 million for the period ended 2020-06-30.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
1 July 2020quarterly activities report▼ Bad
ION GEOPHYSICAL CORP reported quarterly revenue of $22.7 million and a net loss of $5.2 million for the period ended 2020-06-30.
26 May 2020agm notice● Neutral
ION GEOPHYSICAL CORP shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
13 May 2020agm notice● Neutral
ION GEOPHYSICAL CORP announced its upcoming annual shareholder meeting, covering the routine agenda (director elections, auditor ratification, executive-pay advisory vote).
7 May 2020quarterly activities report▼ Bad
ION GEOPHYSICAL CORP reported quarterly revenue of $56.4 million and a net loss of $2.3 million for the period ended 2020-03-31.
7 May 2020quarterly activities report▼ Bad
ION GEOPHYSICAL CORP reported quarterly revenue of $56.4 million and a net loss of $2.3 million for the period ended 2020-03-31.
9 Apr 2020material agreement● NeutralMajor
On Apr 7, 2020 ION settled its decade-long patent lawsuit with WesternGeco. WesternGeco dismisses the suit, licenses the patents and lifts the injunction blocking US manufacture of DigiFIN. In return ION will pay from future multi-client library revenue: a small percent of 2D late sales for 10 years and a majority of ION's revenue share on the joint Mexico reimaging product. This resolves the WesternGeco litigation thread; no cash sum is stated, and the cost shows up as lost future revenue.
1 Apr 2020quarterly activities report▼ Bad
ION GEOPHYSICAL CORP reported quarterly revenue of $56.4 million and a net loss of $2.3 million for the period ended 2020-03-31.
1 Apr 2020listing compliance notice▼ BadMajor
On Mar 30, 2020 the NYSE told ION it is below continued listing standards because its average market cap was under $50M over 30 trading days and stockholders' equity was also under $50M. ION says its market cap was above $50M before the COVID-19 market decline. It plans to submit a plan within 45 days to regain compliance within 18 months; shares keep trading on the NYSE meanwhile, but delisting is possible if the plan is not accepted. This is a second NYSE low-value notice after the Jul 2017 one, whose outcome the earlier context did not show.
14 Feb 2020substantial holder notice● Neutral
Gates Capital Management, L.P, Gates Capital Management GP, LLC, Gates Capital Management, Inc, Jeffrey L. Gates reported a ION GEOPHYSICAL CORP shareholding of 488,463 shares (3.20% of votes) in a periodic institutional filing.
14 Feb 2020substantial holder notice● Neutral
Footprints Asset Management & Research, Inc disclosed a new substantial ION GEOPHYSICAL CORP shareholding (7.24% of votes).
13 Feb 2020substantial holder notice● Neutral
Renaissance Technologies LLC, RENAISSANCE TECHNOLOGIES HOLDINGS CORPORATION reported a ION GEOPHYSICAL CORP shareholding of 1,046,590 shares (7.36% of votes) in a periodic institutional filing.
6 Feb 2020quarterly activities report▼ Bad
ION GEOPHYSICAL CORP reported quarterly revenue of $42.7 million and a net loss of $14.5 million for the period ended 2019-12-31.
19 Dec 2019securities registration● Neutral
ION GEOPHYSICAL CORP amended a filing by which it registered a securities offering with the SEC using its shelf eligibility.
8 Nov 2019securities registration● Neutral
ION GEOPHYSICAL CORP registered a securities offering with the SEC using its shelf eligibility.
31 Oct 2019quarterly activities report▼ Bad
ION GEOPHYSICAL CORP reported quarterly revenue of $53.2 million and a net loss of $3.7 million for the period ended 2019-09-30.
31 Oct 2019quarterly activities report▼ Bad
ION GEOPHYSICAL CORP reported quarterly revenue of $53.2 million and a net loss of $3.7 million for the period ended 2019-09-30.
1 Aug 2019quarterly activities report▼ Bad
ION GEOPHYSICAL CORP reported quarterly revenue of $41.8 million and a net loss of $8.6 million for the period ended 2019-06-30.
1 Aug 2019quarterly activities report▼ Bad
ION GEOPHYSICAL CORP reported quarterly revenue of $41.8 million and a net loss of $8.6 million for the period ended 2019-06-30.
16 May 2019agm notice● Neutral
ION GEOPHYSICAL CORP shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
3 May 2019agm notice● Neutral
ION GEOPHYSICAL CORP announced its upcoming annual shareholder meeting, covering the routine agenda (director elections, auditor ratification, executive-pay advisory vote).
2 May 2019quarterly activities report▼ Bad
ION GEOPHYSICAL CORP reported quarterly revenue of $37.0 million and a net loss of $21.4 million for the period ended 2019-03-31.
2 May 2019quarterly activities report▼ Bad
ION GEOPHYSICAL CORP reported quarterly revenue of $37.0 million and a net loss of $21.4 million for the period ended 2019-03-31.
11 Apr 2019agm notice● Neutral
ION GEOPHYSICAL CORP shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
14 Feb 2019substantial holder notice● Neutral
Gates Capital Management, L.P, Gates Capital Management GP, LLC, Gates Capital Management, Inc, Jeffrey L. Gates disclosed a new substantial ION GEOPHYSICAL CORP shareholding (8.70% of votes).
14 Feb 2019substantial holder notice● Neutral
Footprints Asset Management & Research, Inc disclosed a new substantial ION GEOPHYSICAL CORP shareholding (4.85% of votes).
13 Feb 2019securities registration● Neutral
ION GEOPHYSICAL CORP filed the final prospectus for a registered offering.
12 Feb 2019substantial holder notice● Neutral
Renaissance Technologies LLC, RENAISSANCE TECHNOLOGIES HOLDINGS CORPORATION disclosed a new substantial ION GEOPHYSICAL CORP shareholding (7.32% of votes).
8 Feb 2019security holder rights change● Neutral
On Feb 4, 2019 ION extended the expiry of the 1,820,000 warrants issued Feb 21, 2018 by one year, from Mar 21, 2019 to Mar 21, 2020. The $33.60 exercise price is unchanged. This continues the warrant dilution thread from the Feb 2018 offering: the possible new shares stay available for another year, which holders of the warrants benefit from.
7 Feb 2019quarterly activities report▼ Bad
ION GEOPHYSICAL CORP reported quarterly revenue of $74.6 million and a net loss of $19.3 million for the period ended 2018-12-31.