Business Context and Reporting Period
This Form 8-K Current Report was filed by Geospace Technologies Corporation on October 11, 2013. The report discloses a material event occurring on the same date regarding a significant new customer order.
Key Financial Metrics
The filing does not provide specific financial statements, revenue figures, profit margins, cash flow data, debt levels, or liquidity metrics. It is an event-driven report rather than a periodic financial statement.
Material Changes and Events
- New Order Announcement: On October 11, 2013, the Company announced an order from Dawson Geophysical.
- Order Details: The order is for 9,000 stations of the Company's three-channel GSX wireless recording system.
- Reference: The announcement is detailed in a press release attached as Exhibit 99.1.
Guidance, Outlook, and Risks
The filing text does not contain updated financial guidance, management commentary on future outlook, specific risk factors, or contingencies beyond the disclosure of the new order. No unusual items were reported in this specific document.
Key Facts for Investor Verification
- Verify the total contract value associated with the 9,000 station order from Dawson Geophysical.
- Confirm the expected delivery timeline and revenue recognition schedule for this order.
- Review the attached Exhibit 99.1 (Press Release) for additional technical or commercial terms.