|Bid||9.01 x 1300|
|Ask||9.99 x 1300|
|Day's Range||9.25 - 9.61|
|52 Week Range||4.53 - 17.46|
|Beta (3Y Monthly)||3.20|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct 29, 2019 - Nov 4, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||15.00|
HOUSTON , Sept. 11, 2019 /PRNewswire/ -- ION Geophysical Corporation (NYSE: IO) today announced a new 2D multi-client program offshore West Africa. The industry-supported NamibeSPAN program covers the ...
In January of this year, the Federal Circuit Court of Appeals in Washington, D.C. vacated a judgment that would have required ION to pay more than $100 million in lost profits damages. These damages stemmed from a 2012 verdict that ION infringed several patent claims held by WesternGeco. Four of the five patent claims that supported lost profits damages in the 2012 verdict were found, by the Federal Circuit Court, to be invalid.
While not a mind-blowing move, it is good to see that the ION Geophysical Corporation (NYSE:IO) share price has gained...