Pulse Seismic (TSE:PSD) Releases Earnings Results

Pulse Seismic (TSE:PSD) issued its quarterly earnings results on Tuesday. The company reported C$0.03 earnings per share for the quarter, FiscalAI reports. The company had revenue of C$3.61 million for the quarter. Pulse Seismic had a return on equity of 45.85% and a net margin of 27.77%.

Pulse Seismic Price Performance

Shares of TSE:PSD opened at C$3.23 on Wednesday. The company’s fifty day moving average price is C$3.31 and its 200 day moving average price is C$3.76. The company has a debt-to-equity ratio of 1.36, a current ratio of 3.16 and a quick ratio of 7.28. Pulse Seismic has a 12 month low of C$2.67 and a 12 month high of C$5.24. The firm has a market capitalization of C$163.81 million, a P/E ratio of 19.00 and a beta of 0.25.

Pulse Seismic Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, May 26th. Stockholders of record on Tuesday, May 26th were given a dividend of $0.0187 per share. The ex-dividend date was Tuesday, May 12th. This represents a $0.07 annualized dividend and a dividend yield of 2.3%. This is a boost from Pulse Seismic’s previous quarterly dividend of $0.02. Pulse Seismic’s payout ratio is presently 41.18%.

Pulse Seismic Company Profile

Pulse Seismic Inc is a Canadian company which acts as a provider of seismic data to the energy sector in western Canada. The company is engaged in the acquisition, marketing, and licensing of 2D and 3D seismic data to the energy sector. It offers the full suite of project management services including On-site professional project management, experienced cost estimation services, daily reporting to clients and detailed project cost tracking, procurement of subcontractors to ensure regulatory compliance, and others.