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Here is why Ion Geophysical Corp. (IO) stock surged in the after-hours on Thursday?


Q2 2021 preliminary financial results announcement
On July 15, 2021, ION Geophysical Corporation announced a preliminary financial outlook for the second quarter of 2021.
The Company expects second quarter 2021 revenues to be approximately $20 million, which is a 40% improvement if we compared it with Q2 2020.
The company’s total liquidity will be approximately $33 million consisted of $27 million of cash (including net revolver borrowings of $20 million) and approximately $6 million of remaining available borrowing capacity under the revolving credit facility at the end of the 2
nd quarter of 2021.
New Board members
On June 30, 2021, ION Geophysical Corporation announced the election of Mr. Mark Doran and Mr. Gary Pittman to its Board of Directors, effective June 28, 2021. Each was also appointed to the Audit Committee of the Board. ....

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Seismic Market to Cross USD 2 Billion by 2026 – KSU | The Sentinel Newspaper


milindMay 3, 2021
Findings from Facts and Factors report 
“Seismic Survey Market By Service (Data Acquisition, Data Processing, and Data Interpretation), By Technology (2D Imaging, 3D Imaging, and 4D Imaging), and By Application (Geological, Geophysical, Geotechnical, and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026”
Global Seismic Survey market in 2019 was approximately USD 1.5 billion. The market is expected to grow at a CAGR of 4% and is anticipated to reach around USD 2 billion by 2026.
Increasing demand for oil and gas is likely to encourage the market players to explore new fields. Oil and gas explorers use seismic surveys to yield comprehensive pictures of the numerous rock categories and their position under the Earth’s surface and they use this information to determine the location and size ....

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Middle East Seismic Survey Market Trends 2020, Overview, Competitive Breakdown And Regional Forecast By 2026 – KSU


milindFebruary 18, 2021
A new Market Research Report by Facts and Factors Market Research (fnfresearch.com), on
“Middle East Seismic Survey Market Overview By Trends, Industry Top Manufactures, Size, Industry Growth Analysis & Forecast Till 2026” added to the flourishing data archive is in place to provide readers with innate detailing on market developments, comprising a detailed market overview, vendor landscape, market dimensions, vendor landscape as well as in-depth SWOT and PESTEL assessment, besides other internationally approved market assessment guidelines that play crucial roles in growth dissemination.
The report “Middle East Seismic Survey Market 2020-2026” focuses on outlining and narrating the key influencing elements for the growth of the market. It also proposes a thorough study of the market stature (revenue), market share, key market segments, distinct geographic regions, dominant market players, and prime industry trends. The aim of this repo ....

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ION announces amended restructuring support agreement


Registration statements relating to the securities to be offered in the exchange offer and the rights offering in connection with the restructuring transactions have been filed with the Securities and Exchange Commission, but have not yet become effective.  These securities may not be sold nor may offers to buy be accepted prior to the time the registration statements become effective.  This press release shall not constitute an offer to sell or a solicitation of an offer to buy the securities, nor shall there be any offer, solicitation or sale of the securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful under the securities laws of such state or jurisdiction.  The exchange offer and the rights offering will be made only by means of a prospectus.  Copies of each such prospectus, when they become available, will be distributed, as applicable, to our bondholders and shareholders and may also be obtained free of charge at the website ....

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