Investing.com - CGG reported on Wednesday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
CGG announced earnings per share of $-0.06 on revenue of $157M. Analysts polled by Investing.com anticipated EPS of $-0.01 on revenue of $235M.
CGG shares are up 19.12% from the beginning of the year and are trading at $0.612 , down-from-52-week-high.They are outperforming the S&P Global 100 which is up 15.67% from the start of the year.
CGG shares lost 2.21% in intra-day trade the report.
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