Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers G > Headlines for Global Geophysical Services Inc. > News item |
Global Geophysical posts net loss of $18.17 million for May period
By Kali Hays
New York, June 25 – Global Geophysical Services Inc. reported a net loss of $18.17 million on revenue of $23.76 million for May, according to its monthly operating report filed Wednesday with the U.S. Bankruptcy Court for the Southern District of Texas.
Those numbers compare to a net loss of $19.28 million for April on revenue of $37.35 million.
The company also reported cash of $37.56 million as of May 31, down from $41.94 million at the end of April.
Global Geophysical, a Missouri City, Texas-based provider of seismic data services to the oil and gas industry, filed bankruptcy on March 25. The Chapter 11 case number is 14-20130.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.