Highlights and Quick Summary
- Change in Cash for the quarter ending March 30, 2021 was $-3.26 Million (a -75.99% decrease compared to previous quarter)
- Year-over-year quarterly Change in Cash decreased by -116.35%
- Annual Change in Cash for 2020 was $6.7 Million (a -1009.65% decrease from previous year)
- Annual Change in Cash for 2019 was $-736 Thousand (a -96.04% decrease from previous year)
- Annual Change in Cash for 2018 was $-18.6 Million (a 1730.87% increase from previous year)
- Twelve month Change in Cash ending March 30, 2021 was $-6.13 Million (a -191.61% decrease compared to previous quarter)
- Twelve month trailing Change in Cash decreased by -118.73% year-over-year
Trailing Change in Cash for the last four month:
|30 Mar '21||30 Dec '20||29 Sep '20||29 Jun '20|
|$-6.13 Million||$6.7 Million||$25.2 Million||$32.7 Million|
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Historical Change in Cash of Ion Geophysical CorporationMost recent Change in Cashof IO including historical data for past 10 years.
Interactive Chart of Change in Cash of Ion Geophysical Corporation
Ion Geophysical Corporation Change in Cash for the past 10 Years (both Annual and Quarterly)
(All values are in $ million)
Business Profile of Ion Geophysical Corporation
Industry: Oil & Gas Equipment & Services
ION Geophysical Corporation provides data-driven decision-making to offshore energy, and ports, and defense industries worldwide. The company operates through two segments, E&P Technology & Services and Operations Optimization. The E&P Technology & Services segment creates digital data assets and delivers services to help E&P companies improve decision-making and reduce risk. This segment includes two synergistic groups, imaging and reservoir services, and ventures. The company's Imaging and Reservoir Services group provides data processing, imaging, and reservoir services that improve image quality and subsurface insights, helping E&P companies reduce exploration and production risk, evaluate and develop reservoirs, and increase production. Its Imaging and Reservoir Services group develops and applies proprietary processing algorithms through its imaging engine to data owned or licensed by its customers to translate raw data into subsurface images. The Operations Optimization segment develops mission-critical subscription offerings and provides engineering services that enable operational control and optimization offshore. This segment includes the company's Optimization Software & Services and Devices offerings. The company's Optimization Software & Services group provides survey design, command, and control software systems and related services for marine towed streamer and seabed operations. Its Devices offerings group develops intelligent equipment controlled by its software to optimize operations. The company sells its services and products through a direct sales force consisting of employees and international third-party sales representatives. ION Geophysical Corporation was formerly known as Input/Output, Inc. and changed its name to ION Geophysical Corporation in 2007. The company was founded in 1968 and is headquartered in Houston, Texas.