ION announces preliminary first quarter 2020 revenues in the range of $56-57 million, the highest first quarter revenues since 2014
"Given the unprecedented market uncertainty from a convolution of demand and supply-side events, from both the COVID-19 pandemic and geopolitical oil price impact, we felt it was prudent to provide a preliminary update on our revenues," said
The company is now finalizing further cost mitigations to address these uncertain times and position ION to remain agile while continuing to uniquely support customer needs.
Leveraging innovative technologies, ION delivers powerful data-driven decision-making to offshore energy, ports and defense industries, enabling our clients to optimize operations and deliver superior returns. Learn more at iongeo.com.
ION (Investor relations)
Executive Vice President and Chief Financial Officer
ION (Media relations)
Vice President, Communications
The information herein contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements may include information and other statements that are not of historical fact. Actual results may vary materially from those described in these forward-looking statements. All forward-looking statements reflect numerous assumptions and involve a number of risks and uncertainties. These risks and uncertainties include the risks associated with the timing and development of
View original content:http://www.prnewswire.com/news-releases/ion-announces-preliminary-first-quarter-2020-revenues-in-the-range-of-56-57-million-the-highest-first-quarter-revenues-since-2014-301033700.html