CALGARY, ALBERTA–(Marketwired – Feb. 3, 2017) – Pulse Seismic Inc. (“Pulse” or the “Company”) (TSX:PSD)(OTCQX:PLSDF) announces preliminary unaudited revenues for 2016.
These preliminary results have not yet been approved by the Company’s Audit Committee or Board of Directors or reviewed by the Company’s auditors.
Data library sales revenue for the year was $14.3 million compared to $21.2 million in 2015. For the fourth quarter of 2016 data library sales were $4.2 million compared to $8.8 million for the comparable period in 2015. The Company did not have any participation survey revenue in 2016, while in 2015 one participation survey generated … Continue Reading