TGC Industries, Inc. (NASD: TGE), a leading provider of seismic data acquisition services throughout the continental United States, recently announced its financial results from the third quarter of 2008. Net income for the quarter totaled $0.11 per share compared with net income of $0.10 per share recording during the third quarter of 2007, beating analysts’ estimates of $0.09 per share.

In this article I provide full research of a famous seismic data acquiring and processing company - Dawson Geophysical, Inc. I analyze both bullish and bearish signs in income statement, balance sheet, cash flows statement. Moreover, the most common risks + valuation are included in the article.

Dawson Geophysical Company (DWSN), a leading provider of U.S. onshore seismic data acquisition services to oil and natural gas exploration and development companies, announced strong third quarter financial results this morning. Revenues were $84.6 million, an increase of 23% over prior year sales. Net income increased 28% to $9.7 million, or $1.27 per share.