2nd QUARTER HIGHLIGHTS
- Consolidated net revenues were USD 88.7 million, an increase of 7% compared to Q2 2006.
- Net late sales from the multi-client library totaled USD 50.3 million, down 18% from USD 61.5 million in Q2 2006.
- Operating profit (EBIT) was USD 37.6 million (42% of Net Revenues), down 17% from USD 45.3 million in Q2 2006.
- Cash flow from operations after taxes but before investments was USD 38.0 million, versus USD 9.2 million in Q2 2006.
- Earnings per share were USD 0.24, down 16% compared to USD 0.28 in Q2 2006.
- Finalized acquisition of Parallel Data Systems (PDS)
- Repurchased TGS shares in the amount of USD 25 million
The full report with tables can be downloaded from the following link:
