OYO Geospace (NASDAQ:OYOG) has announced the financial results for the fiscal year 2009. The company reported a net income of $1.8 million, or $0.29 per diluted share. It’s revenues for the quarter are $92.9 million for the fiscal year ended September 30, 2009. OYO also reported sales of $22.7 million with a net loss of $1.8 million, or $0.30 per diluted share. The company earned $30.5 million in sales during the same period of last year and a net income of $3.3 million, or $0.54 per diluted share.
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OYO Geospace Corporation designs and manufactures instruments and equipment used in the acquisition and processing of seismic data, as well as in the characterization and monitoring of producing oil and gas reservoirs. The Company also designs, manufactures and distributes thermal imaging equipment and thermal media products targeted at the screen print, point of sale, signage and textile market sectors. It operates in two segments: Seismic and Thermal Solutions.
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