CGG earnings, Revenue miss in Q1

  • Investing.com
CGG earnings, Revenue miss in Q1

Investing.com - CGG reported on Wednesday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.

CGG announced earnings per share of $-0.03 on revenue of $213M. Analysts polled by Investing.com anticipated EPS of $-0.02 on revenue of $215.50M.

CGG shares are up 5.93% from the beginning of the year and are trading at $0.858 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% year to date.

CGG follows other major Energy sector earnings this month

CGG's report follows an earnings beat by Technip Energies BV on Thursday, April 22, 2021, who reported EPS of $0.3337 on revenue of $1.6B, compared to forecasts EPS of $0.3181 on revenue of $1.61B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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